1630 W Melrose Street, Chicago, IL 60657

Chicago
Local realty services provided by:ERA Partners
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:September 30, 2026 at 12:28 PM

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)
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior

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