BEDS4
BATHS2 full
MLS#12667107
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 299
Property Description
Rare redevelopment or investment opportunity in the heart of Lakeview. Solid brick 2-flat featuring two 2-bedroom, 1-bath apartments with long-term tenants currently on month-to-month leases. Rents are below market, offering immediate upside potential for investors or future redevelopment. Property is zoned B1-3 and is being offered exclusively as part of a package sale with the adjacent property at 3248 N. Lincoln Ave. Prime location near transportation, shopping, dining, and neighborhood amenities. Excellent opportunity to assemble a larger development site in a highly desirable Lakeview location. Sold as-is. Unfinished basement.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Heating: Forced Air
Lot Size: 25x59x29x74
Taxes: $11,344
Year Built: 1908
Feature Descriptions
Exterior: Brick
Lot: Irregular Lot
Lot Dimensions: 25x59x29x74
Parcel#: 14194300190000
Sewer: Public Sewer
Total Rooms: 8
Township: Lake View
Water: Lake Michigan
Local Schools
High School: Lake View High School
Middle School: Burley Elementary School
Elementary School: Burley Elementary School
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Jameson Sotheby's Intl Realty
Agency Phone: 312-751-0300
Shown By
Agency Title: Charles Rutenberg Realty
Agency Phone: 630-929-1100
Estimate Your Payment
Estimated Payment
$ 3,886.85 per month $2,781.10 Principal & Interest $945.33 Property Tax $160.42 Homeowner's Insurance
1630 W Melrose Street | MLS# 12667107
This multi-family property located at 1630 W Melrose Street, Chicago, IL 60657 is currently listed for sale with an asking price of $550,000. W Melrose Street is located within the District 299 school district. Search Chicago real estate on www.mycrr.com today.