1630 W Melrose St, Chicago, IL 60657

Beds
4
Baths
2

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Listed byJameson Sotheby's Intl Realty
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Overview

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

Full feature list

Basic info

Property type
Other residential
Number of bedrooms
4
Number of bathrooms
2
Year built
1908

Exterior features

Water view
Yes

Utilities

Heating
Forced Air
Sewer
Public Sewer
Water
Other

Estimated monthly costs

Insurance
$133

Taxes

Tax Annual Amount (2024)
$11,344.33

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12667107 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.