1630 W Melrose ST, Chicago, IL 60657
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1630 W Melrose ST, Chicago, IL 60657
1630 W Melrose ST, Chicago, IL 60657
1630 W Melrose ST, Chicago, IL 60657
1630 W Melrose ST, Chicago, IL 60657
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$ 550,000
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1630 W Melrose ST Chicago, IL 60657

4 Beds

2 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12667107

Bedrooms 4

Year Built 1908

Annual Tax Amount $11,344

Tax Year 2024

Lot Dimensions 25x59x29x74

Property Sub-Type Two to Four Units

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.

Location

State IL

County Cook

Area Chi - Lake View

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Forced Air

Fireplace N

Building

Lot Description Irregular Lot

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Burley Elementary School

Middle Schools Burley Elementary School

High Schools Lake View High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Robert Munds of  Jameson Sotheby's Intl Realty 

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Tim Stassi

Tim Stassi

+1(312) 371-1070

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1630 W Melrose ST