Closed

$530,000

2303 Melvina Avenue, Chicago, IL 60639
6 Beds3 Baths13 days
2303 Melvina Avenue·Chicago, IL 60639
6Bedrooms
3Bathrooms
1924Year Built
About This Home

***MULTIPLE OFFERS - HIGHEST & BEST DUE THURSDAY, 2/22 AT 7PM***Welcome to this upgraded LEGAL yellow brick 3-flat located in the best part of Belmont Cragin. Sitting on a jumbo 4,088 SQFT lot, this distinguished property, fully leased and bursting with character, seamlessly blends historic charm with modern amenities. Each of the three apartments offers self-contained heating/cooling, separate utilities, and individual laundry facilities, ensuring comfort and convenience for all residents. A standout feature of this property is the extensive & permitted 2020 basement renovations. It boasts a sleek kitchen with stainless-steel appliances, luxury vinyl floors, and quartz countertops. All new sewer line connecting to an existing check valve/backflow preventer, new support post; new electric, new plumbing, new drywall, new LVT flooring and new windows. The basement also features a drain tile system with two sump pumps, including a water sensor alarm and backup battery. The first and second floors offer hardwood flooring, with the second level further enhanced by an open-plan kitchen featuring granite surfaces, breakfast bar, stainless-steel appliances, and an inviting private balcony. Additionally, unit 2 benefits from an enclosed rear porch providing plenty of extra storage space. Enhancing the property's appeal is the two-car brick garage and an additional parking pad, all within a secure wood and rod iron fence. Outdoor wired cameras provide added security & peace of mind. The property boasts a tuckpointed exterior (2020), newer siding (2020) and updated vinyl windows. Additional highlights include three separate furnaces, AC units, water heaters, and utility meters, providing autonomy for each tenant. Each unit has separate washers and dryers tied into tenants' individual gas and electric accounts. Location highlights offer close proximity to Riis Park and Brickyard shopping, minutes to Oak Park and Elmwood Park shops and restaurants, and easy access to Metra and the 290 expressway. A variety of grocery options, including Aldi, Jewel, and Fresh Market, are just a few minutes away, adding to the convenience of this prime location. Don't miss out on this incredible investment opportunity!!

MLS# 11970638Listed February 15, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms20

Size & Structure

Garage Spaces3
Year Built1924
Lot Size0.090 acres

Location

CountyCook
TownshipJefferson
Zip Code60639

Financial

List Price$530,000
Annual Taxes (2021)$4,360
Monthly Tax Est.$363
Parcel #13321040270000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedFull
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

Balcony

Patio & Porch

Porch
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
$4,360
Tax Year 2021
Monthly Tax Est.
$363
per month
Property Location

2303 Melvina Avenue, Chicago, IL 60639Cook County

$530,000
2303 Melvina Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
13 days on market
3-car garage
0.090 acres
$4,360/yr taxes
$3,149
estimated monthly payment
Principal & Interest
$2,785/mo
Property Tax
$363/mo
$530,000
20% — $106,000
3%50%
6.875%
3%12%
Loan Amount
$424,000
Down Payment
$106,000

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

Listed by
Redfin Corporation
Agent: Jennifer Rivera
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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