1630 W Melrose St
Chicago, IL 60657
For more information on this listing, contact us at: (773) 998-2401
Active
$550,000
1630 W Melrose St Chicago, IL 60657
Multi Family- 2-4 Units
Property Type
4
Beds
2
Baths
1908
Year Built
Cook
County
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 #
12667107
Monthly HOA
N/A
On Site
Not Available
Last Updated
8/30/2026
Location
Contact Agent
Property Rocks
(773) 998-2401Property Details
Community Information
School Information
School District
299
High School
Lake View High School
Middle School
Burley Elementary School
Elementary School
Burley Elementary School
Architecture
Bedrooms
4
Bathrooms
2
Year Built
1908
Construction Materials
Brick
Total # Units in Building
2
Age Range
100+ Years
Basement Type
Unfinished, Full
Features / Amenities
Parking Total
0
Heat Source / Type
Forced Air
Total Rooms
8
Property Features
Lot Dimensions
Less Than .25 Acre
Lot Features
Irregular Lot
Sewer
Public Sewer
Water
Lake Michigan
Open House Count
0
Zoning
MULTI
Directions
Lincoln Ave (north or south) to Melrose St west to the building (Melrose is one-way)
Tax and Financial Info
Tax Year
2024
Tax Annual Amount
$11,344.33
Ownership
Fee Simple
Water / Sewer Expense
$2,844
Insurance Expense
$1,600
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Listing provided courtesy of Jameson Sotheby's Intl Realty.Listings courtesy of MRED MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of September 18, 2026 12:45 PM CST. 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.
Properties displayed may be listed or sold by various participants in the MLS
