1630 W Melrose Street, Chicago, IL 60657

Chicago
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
1630 W Melrose Street,Chicago, IL 60657
$550,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: robert munds
Office: jameson sotheby's intl realty
MLS#:12667107
Source:MLSNI

Price summary

  • Price:$550,000

About this home

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.

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Home facts

  • Year built:1908
  • Listing ID #:12667107
  • Updated:August 14, 2026 at 11:20 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1908
  • Lot Features:Irregular Lot

Schools

  • High school:Lake View High School
  • Middle school:Burley Elementary School
  • Elementary school:Burley Elementary School

Utilities

  • Water:Lake Michigan
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$550,000
  • Tax amount:$11,344 (2024)
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