1442 West Melrose Street
$1,849,900
8
7
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Description
Turnkey investment opportunity in fantastic Lakeview location! This is a well maintained 3 unit building with a non-conforming garden unit (rented for $2200). Well maintained building features recently updated units with central air/heat, newer kitchens and baths, dishwashers, hardwood floors and large decks. Cathedral ceilings on the 3rd floor. Each unit has its own laundry allowing for premium rents. Tenants responsible for their own utilities and the property has exterior parking available for...Turnkey investment opportunity in fantastic Lakeview location! This is a well maintained 3 unit building with a non-conforming garden unit (rented for $2200). Well maintained building features recently updated units with central air/heat, newer kitchens and baths, dishwashers, hardwood floors and large decks. Cathedral ceilings on the 3rd floor. Each unit has its own laundry allowing for premium rents. Tenants responsible for their own utilities and the property has exterior parking available for 6 cars. Opportunity to duplex 1st floor unit down to garden level to create an awesome owner's unit. Please note neither the owner nor broker make any representation of the legality of the garden unit.
- Listed by Barbara Allen • Metru Real Estate LLC
Property Details for 1442 West Melrose Street
Area
CHI - Lake View
TownshipLake View
OwnershipFee Simple
Num Of Parking Spaces6.0
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
LISTING UPDATED: 12/07/2024 12:07 AM
Property Details for 1442 West Melrose Street
Status | Active |
---|---|
MLS # | 12144840 |
Days on Market | 125 |
Taxes | $27,356 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1994 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Building Information for 1442 West Melrose Street
Stories-Residences3Year Built1994Building Size-Lot Size0.07 AC / 3,125 SF
Property Information for 1442 West Melrose Street
Property History for 1442 West Melrose Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1442 West Melrose Street
Taxable ValueLand$46,875Additions$86,125Total$133,000
Tax Record2022$27,356 ($2,280 / month)
Home Facts
Baths7.5Total Finished SqFt3,842 SqFtAbove Grade Finished SqFt3,842 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1994CountyCOOKAPN14-20-325-025
Schools near 1442 West Melrose Street
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Burley Elementary School PublicK to 8 | ||
Lake View High School Public9 to 12 | ||
Hawthorne Elementary Scholastic Academy PublicK to 8 | ||
Alcott College Prep Public9 to 12 |
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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