1630 W Melrose Street, Chicago, IL 60657
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.
- Listing Courtesy of: Jameson Sotheby's Intl Realty
Details
Updated on June 26, 2026 at 4:00 pm-
Property ID MRD12667107
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Price $550,000
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Bedrooms 4
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Year Built 1908
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Property Type Multi Family
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Property Status Active
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Parcel Number 14194300190000
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Water Source Lake Michigan
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Sewer Public Sewer
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MLS Status New
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Cumulative Days On Market 2
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Tax Annual Amount 11344.33
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Heating Forced Air
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Directions Lincoln Ave (north or south) to Melrose St west to the building (Melrose is one-way)
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Zoning MULTI
Address
Open on Google Maps- Address 1630 W Melrose Street
- City Chicago
- State/county IL
- Zip/Postal Code 60657
- Country United States
Overview
Property ID: MRD12667107
- Multi Family
- 4
- 1908
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