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1446 W melrose ST Chicago, IL 60657
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Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10362930
Sold Date 06/27/19
Bedrooms 6
Full Baths 3
Year Built 1901
Annual Tax Amount $15,271
Tax Year 2017
Lot Size 3,049 Sqft
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Southport corridor & Burley School District 2-flat with non-conforming garden unit. Opportunity knocks for builders, investors and someone looking to remodel or build their dream home. All brick building on a prime Lakeview street. All three units currently rented & consist of: 1- 3 bedroom, 1 - 2 bedroom and a 1-bedroom garden. Property has new roof and new windows. Internal staircase already exists for a possible duplex-down owner's unit. You keep the top floor as add'l rental income. Original woodwork, hutches, hardwood floors, with separate forced air/central air for all three units plus a two car garage. Current rents are $5,100 per month. Units always rent quickly, great investment. (25x125 lot with RT-3.5 zoning-new homes selling at $1,775K on the block) Broker and seller make no rep regarding legality of garden unit.
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Community Features Sidewalks, Street Lights, Street Paved
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Bought with Brian Henderson • Jameson Sotheby's Intl Realty