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1630 W Melrose Street

Chicago, IL 60657
  • $550,000
  • STATUS: Active
  • MLS #: 12667107
UPDATED: 104 min ago
$550,000
  • 4
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1908
County:

School Information

Elementary School:
Middle School:
High School:
School District:
299

Description

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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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Captivate Real Estate Group | eXp Realty LLC.

Based on information submitted to the MLS GRID as of 2026-07-13T01:02:56.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1630 W Melrose Street Chicago, IL 60657

  • Price: $550,000
  • Status: Active
  • On Site: Days
  • Updated: 104 min ago
  • MLS #: 12667107
4
Beds
0
Baths
0
½ Baths
N/A
Acres
1908
Built
Neighborhood:
Chi - Lake View
County:
Cook
Area:
Chi - Lake View
Elementary School:
Burley Elementary School
Middle School:
Burley Elementary School
High School:
Lake View High School
School District:
299
Property Description
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.
Exterior Features

Lot Features Irregular Lot Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Total 0 Waterfront YN No

Interior Features

Basement Bathrooms YN No Basement Details UnfinishedFull Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 2 Half Baths In Building 0 Heating Forced Air Rooms Total 8

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Insurance Expense 1600 Mls Actual Status Active New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 11344.33 Tax Year 2024 Total Numberof Unitsin Building 2 Total Rental Income 18300 Township Lake View Type Two to Four Units Water Source Lake Michigan Zoning MULTI

Listing courtesy of © 2026 Midwest Real Estate Data LLC as distributed by MLS GRID.
Listing provided courtesy of Jameson Sotheby's Intl Realty: 312-751-0300.



© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Captivate Real Estate Group | eXp Realty LLC.

Based on information submitted to the MLS GRID as of 2026-07-13T01:02:56.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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