1326 West Melrose Street

Chicago, IL 60657

$1,200,000
Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Looking for that perfect property in the perfect neighborhood? This Lakeview two-unit is it! This fabulous duplex has everything you need with tons of space and light. Both units feature formal living rooms, formal dining rooms, large eat-in kitchens with islands and dinette areas, with three bedrooms plus two baths each. The first floor is duplexed down and the second floor is duplexed up. Each unit has an in-unit washer and dryer. Main bedrooms have private baths with soaker tubs and huge walk-in...Looking for that perfect property in the perfect neighborhood? This Lakeview two-unit is it! This fabulous duplex has everything you need with tons of space and light. Both units feature formal living rooms, formal dining rooms, large eat-in kitchens with islands and dinette areas, with three bedrooms plus two baths each. The first floor is duplexed down and the second floor is duplexed up. Each unit has an in-unit washer and dryer. Main bedrooms have private baths with soaker tubs and huge walk-in closets. Hardwood floors and tons of storage space in each unit. First floor unit has large rear deck, second floor unit has two decks. The cute rear yard is fully fenced and leads to a 2 car detached garage with alley access. Fabulous Southport area with easy access to transportation, restaurants, shopping, entertainment & more! Most mechanicals in both units have been replaced within 10 years. Most appliances have been replaced within the last five years. Homestead exemption for unit 2 only. Easy to lease units. Unit 1 photos are prior to tenants moving in. 2nd Floor unit is owner-occupied and will be vacated at closing. The floor plan provided is for Unit 2. Unit 1 is almost identical with the exception of the second bedroom has a walk-in closet and separate laundry/hvac room where Unit 2, Bedroom 2 does not have a closet but is large enough to have one added. The current closet in Unit 2, Bedroom 2 is used for laundry and mechanicals.
  1. Listed by Judith Panozzo • Real People Realty

Property Details for 1326 West Melrose Street

Area
CHI - Lake View
Subdivision
Southport Corridor
Township
Lake View
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air, Indv Controls

Location

Listing Courtesy of Real People Realty
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LISTING UPDATED: 07/05/2024 09:49 AM

Property Details for 1326 West Melrose Street

StatusActive
MLS #12085820
Days on Market15
Taxes$9,102 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1889
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

Listing Courtesy of Real People Realty
Add your commute

Building Information for 1326 West Melrose Street

Stories-Residences2Year Built1889Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$7,307 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$759

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1326 West Melrose Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Double Sink,Soaking Tub
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X125
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 3300
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1326
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional, VA
  • Public Document Count: 1
  • Document Date: 2024-06-18T00:43:05
  • Photos Count: 49
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $86,400.00
  • Insurance Expense: $5,600.00
  • Insurance Expense Source: Actual
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: $1,320.00
Unit 1
  • Unit Type Actual Rent: $3,750.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 8/25
Unit 2
  • Unit Type Actual Rent: $3,750.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 00/00

Property History for 1326 West Melrose Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1326 West Melrose Street

Taxable ValueLand$47,625Additions$55,092Total$102,717
Tax Record2021$19,986 ($1,665 / month)
Home Facts
Baths3Total Finished SqFt3,168 SqFtAbove Grade Finished SqFt3,168 SqFtStories2Lot Size3,175 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyCOOKAPN14-20-326-029

Schools near 1326 West Melrose Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Burley Elementary School
PublicK to 8

Lake View High School
Public9 to 12

Inter-American Elementary Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1326 West Melrose Street is a multi-family home for sale in Chicago, IL 60657. This property was listed for sale on June 20, 2024 by Real People Realty, it's currently listed at $1,200,000. It has been on the market for a total of 15 days and was last sold on February 26, 2010. This listing's school district is City Of Chicago School District 299. Nearby schools include Burley Elementary School, Lake View High School and Hawthorne Elementary Scholastic Academy. 1326 West Melrose Street is a 6-bed, 4-bath, multi-family home built in 1889.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real People Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 07/05/2024 09:49 AM. 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.