Behold! The $80,000 condo!

Magnolia Court

…And believe it or not, the fixer-uppering has already been done. The Habitat Company is marketing the 32-unit condo conversion Magnolia Court, located at 5653 N Magnolia Ave in Edgewater. The courtyard building is being gutted and rehabbed with new walls, oak floors, HVAC, roof, plumbing, electrical and windows. Units have exposed brick walls and new steel balconies, and 3rd-floor units have cathedral ceilings. Condos range from studios to two bedrooms, and prices reach to the $210s. The safe money is on the studio units being the only ones priced in the $80s, but we can’t check out the floor plans because Habitat’s Web site requires gobs of personal information before letting readers through the golden gates to a glorious land where floor plans can be viewed at will. At least one YoChicago reader, Devyn, sees this as a deal-breaker. When will brokers learn?

(Visited 80 times, 1 visits today)