Active

$550,000

1630 Melrose Street, Chicago, IL 60657
4 Beds2 Baths67 days
1630 Melrose Street·Chicago, IL 60657
4Bedrooms
2Bathrooms
1908Year Built
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.

MLS# 12667107Listed June 25, 2026Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms8

Size & Structure

Year Built1908
Lot Size25x59x29x74

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$550,000
Annual Taxes (2024)$11,344
Monthly Tax Est.$945
Parcel #14194300190000
Interior Features

Heating

Forced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Lot Features

Irregular Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan
Schools
Elementary
Burley Elementary School
District: 299
Middle School
Burley Elementary School
District: 299
High School
Lake View High School
District: 299
Tax & Financial
Annual Taxes
$11,344
Tax Year 2024
Monthly Tax Est.
$945
per month
Property Location

1630 Melrose Street, Chicago, IL 60657 — Cook County

$550,000
1630 Melrose Street
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
67 days on market
25x59x29x74
$11,344/yr taxes
$3,836
estimated monthly payment
Principal & Interest
$2,890/mo
Property Tax
$945/mo
$550,000
20% — $110,000
3%50%
6.875%
3%12%
Loan Amount
$440,000
Down Payment
$110,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Jameson Sotheby's Intl Realty
Agent: Robert Munds
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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