4114 W Melrose Street
Chicago, IL 60641
- 4 beds
- 2 baths
- – sqft
- 1921 build
- – on site
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Looking for an excellent investment opportunity in the heart of Chicago's vibrant Avondale/Irving Park neighborhood? This 2-unit brick building is ideally located on a corner lot offering abundant natural light with no neighboring property to the East. Each unit consists of 2 bedrooms, 1 bath, formal Living room and dining room, spacious kitchen with pantry, and has separate utilities. The property includes a partially finished basement with laundry, an additional bedroom, and ample space for potential expansion. There's a generous fenced in yard and existing garage is a teardown, offering a blank canvas for redevelopment or to extend your yard space! Situated just two blocks from bustling Milwaukee Avenue, you'll find plenty of dining options, boutiques, and local businesses. Commuting is a breeze with the Belmont CTA Blue Line and the Kennedy (90) just 1 mile away, plus nearby Kilbourn Park ensuring easy access to recreational amenities. Although this property requires updating, its prime location presents an exciting opportunity for investors or homeowners looking to customize and capitalize on the potential of this gem. Revamp into a single family home OR remodel this gem and collect passive income. Sold As Is!
Listing courtesy of MRED / Re/Max Cityview as distributed by MLS GRID
Last checked:
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Last updated Dec 28, 2024
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MLS# 12125551 —
The Building
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Year Built:1921
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Rebuilt:No
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New Construction:false
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Roof:Flat
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Basement:Full, Walkout
Interior
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Rooms Total:10
Location
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Directions:Belmont West To Keeler, Keeler South to Melrose, Melrose West to Building
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Location:15904
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Location:88386
The Property
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Parcel Number:13224320430000
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Property Type:Residential Income
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Lot Features:Corner Lot
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Lot Size Dimensions:3207
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 879-4855
- Office phone:
- (773) 631-8260
Taxes
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Tax Year:2023
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Tax Annual Amount:8469.56
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:2
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Full Baths:2
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:List Broker Must Accompany
Heating & Cooling
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Heating:Natural Gas, Radiant
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan, Public
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
The Community
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Community Features:Park, Sidewalks
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/20/24
Sep 20, 2024
|
Sold | MRED | $430,000 | -4.4% |
8/3/24
Aug 3, 2024
|
Sold Subject To Contingencies | MRED | $450,000 | |
7/30/24
Jul 30, 2024
|
Listed / Active | MRED | $450,000 |