Chicago, IL 60657 1442 W Melrose Street

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Presented By: Metru Real Estate LLC
  • MLS# 12144840
  • 08/21/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 7

Home Details

Turnkey investment opportunity in fantastic Lakeview location! This is a well maintained 3 unit building with a non-conforming garden unit (rented for $2200). Well maintained building features recently updated units with central air/heat, newer kitchens and baths, dishwashers, hardwood floors and large decks. Cathedral ceilings on the 3rd floor. Each unit has its own laundry allowing for premium rents. Tenants responsible for their own utilities and the property has exterior parking available for 6 cars. Opportunity to duplex 1st floor unit down to garden level to create an awesome owner's unit. Please note neither the owner nor broker make any representation of the legality of the garden unit.
Presented By: Metru Real Estate LLC

Interior Features for 1442 W Melrose Street

Bedrooms

Bedrooms Possible8
Total Bedrooms8

Bathrooms

Full Baths Building7
Half Baths Building
Total Baths7

Other Interior Features

BasementFull
BasementFinished, None
Total Number of Units3

General for 1442 W Melrose Street

CityChicago
CountyCook
Days on Market9
DirectionsIntersection of Belmont and Southport. North on Southport to Melrose. West on Melrose to property.
Elementary School District299
Gross Income128400
HeatingNatural Gas, Forced Air
High School District299
MLS AreaCHI - Lake View
Middle/Junior School District299
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount27356
Tax Year2022
Total Rooms26
TownshipLake View
Waterfront Y/NNo
Year Built1994
ZoningMULTI

Exterior for 1442 W Melrose Street

ExteriorBrick, Block
Lot Dimensions25X125
Parking FeaturesAssigned
Total Parking6
Water SourceLake Michigan, Public

Additional Details

Price History

Worth Clark

Price $1,849,900
MLS#12144840
List Date 08/21/2024
Property Type Multi-Family
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