ClosedPrice Reduced

$1,100,000

$1,200,000
1640 Melrose Street, Chicago, IL 60657
8 Beds4 Baths42 days
1640 Melrose Street·Chicago, IL 60657
8Bedrooms
4Bathrooms
1908Year Built
About This Home

Attention Buyers: Great 3-Flat in West Lakeview / Roscoe Village. Great location, this property is a 5 minute walk from the Brown Line, surrounded by local restaurants, a one-mile walk to Wrigley, and an easy walk away from the lake. This 3-Flat features two 3-Bedroom, 1 Bathroom units, and a duplex owners unit featuring 2-Bedrooms and 2 recently renovated bathrooms. Each unit has an individual HVAC, decks in the back, and hardwood floors throughout the units. Duplex-unit is currently owner occupied. Fair market monthly rental income for entire building conservatively estimated at $8,000+. Both bathrooms in the duplex unit were renovated in 2025, one new HVAC unit in 2025, one new water heater in 2024. Roof and tuckpointing done within the last 10 years.

MLS# 12418667Listed July 13, 2025Residential IncomeTraditional
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms19

Size & Structure

Garage Spaces2
Year Built1908
Lot Size0.060 acres

Location

CountyCook
TownshipLake View
Zip Code60657

Financial

List Price$1,100,000
Original Price$1,200,000
Annual Taxes (2023)$14,603
Monthly Tax Est.$1,217
Parcel #14194300110000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFullWalk-Out Access
Exterior & Lot

Construction

BrickBlock

Roof

Asphalt

Foundation

BlockBrick/Mortar

Patio & Porch

PatioPorch
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake MichiganPublic

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$14,603
Tax Year 2023
Monthly Tax Est.
$1,217
per month
Price Reduced by $100,000
Original list price: $1,200,000
Property Location

1640 Melrose Street, Chicago, IL 60657 — Cook County

$1,100,000
1640 Melrose Street
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
42 days on market
2-car garage
0.060 acres
$14,603/yr taxes
Price reduced $100,000
$6,998
estimated monthly payment
Principal & Interest
$5,781/mo
Property Tax
$1,217/mo
$1,100,000
20% — $220,000
3%50%
6.875%
3%12%
Loan Amount
$880,000
Down Payment
$220,000

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

Listed by
DNV Solutions LLC
Agent: Michael Tassone
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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