Kiser Group has been exclusively engaged to market for sale 5553-59 N. Magnolia, a 28-unit courtyard building, located in Chicago's vibrant Andersonville neighborhood. This 1920s constructed asset was rehabbed in 2015 and is well-positioned just 0.1 miles from the Bryn Mawr CTA Red Line and 0.3 miles from Andersonville's Clark Street Retail Corridor.
5553-59 N. Magnolia features an attractive unit-mix comprised of twenty-three (23) 1 bed / 1 bath units and five (5) 2 bed / 2 bath duplexes. As part of the 2015 renovation, ownership modernized all apartments and building systems. Highlights include reconfigured floorplans and on-trend finishes with central heating and cooling, shaker cabinets, granite countertops, and in-unit laundry—providing renters with modern comfort in a classic Chicago setting.
Located in the highly desirable Andersonville neighborhood, directly across from Cochran Park and just 0.1 miles from the Bryn Mawr CTA Red Line station, Magnolia offers investors a rare opportunity to acquire a fully upgraded, strategically positioned asset. This is a generational investment in a location that consistently commands strong demand.