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2115 W Melrose Street

Chicago, IL 60618
  • $850,000
  • STATUS: Active Under Contract
  • ON SITE: 127 Days
  • MLS #: 11994248
Under Contract
UPDATED: 239 min ago
$850,000
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1891
County:
Area:

School Ratings & Info

School District:
299

Description

This is a great opportunity to turn this 4 unit into a cash-flowing asset! Tons of potential here, the building is a legal 4-unit building with each unit having 2 bedrooms and 1 bath. Two of the units are vacant, one is tenant-occupied, paying $1,100 a month and the other is owner-occupied. Additionally, the upstairs units can be duplexed up and turned into a spacious 3-bedroom apartment! The electrical has been updated but the rest of the property will need some work. The property has been family-owned for over 40 years.

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© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-03T23:59:48.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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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2115 W Melrose Street Chicago, IL 60618

  • Price: $850,000
  • Status: Active Under Contract
  • On Site: 127 Days
  • Updated: 239 min ago
  • MLS #: 11994248
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1891
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property Description
This is a great opportunity to turn this 4 unit into a cash-flowing asset! Tons of potential here, the building is a legal 4-unit building with each unit having 2 bedrooms and 1 bath. Two of the units are vacant, one is tenant-occupied, paying $1,100 a month and the other is owner-occupied. Additionally, the upstairs units can be duplexed up and turned into a spacious 3-bedroom apartment! The electrical has been updated but the rest of the property will need some work. The property has been family-owned for over 40 years.
Exterior Features

Exterior Building Type Frame Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details Garage Parking Total 2 Waterfront YN No

Interior Features

Basement Unfinished Basement Details Partial Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating Natural GasElectric Rooms Total 12

Property Features

Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Corporate Limits Chicago General Information None Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 13875 Tax Year 2022 Total Numberof Unitsin Building 4 Township Lake View Type Two to Four Units Water Source Public

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of eXp Realty, LLC: 888-574-9405.


© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-12-03T23:59:48.443 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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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4112C Fieldstone Road
Champaign IL, 61822