$550,000

1630 W Melrose Street, Chicago, IL 60657

4 beds |
2 baths

Multi-Family Home
Built in 1908
—— sqft lot
—— car garage
$——/sqft
Listed ——

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.

Listing Status:: Active
Data Last Updated:: July 5, 2026 at 5:18AM
Listing Office:: Jameson Sotheby's Intl Realty : 312-399-9841
Listing Agent:: Robert Munds : 312-399-9841
MLS ID:: 12667107

Basement: UnfinishedFull
Heating: Forced Air

Parking: Parking spaces: 0

Originating MLS: mred
School District: 299
County: Cook

Zoning: MULTI14194300190000

Water: Lake Michigan
Sewer: Public Sewer

Source: mred
Ownership: Fee Simple

This listing courtesy of Robert Munds , Jameson Sotheby's Intl Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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