1831 W Melrose Street
Chicago, IL 60657

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $835,000
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About this home

Discover a rare investment opportunity in the sought-after neighborhood of Roscoe Village. Now available for sale, presenting a unique chance to own a piece of real estate in one of the most charming and vibrant communities in the city. Nestled in the heart of Roscoe Village, these flats benefit from a prime location with proximity to boutique shops, trendy restaurants, parks, and excellent schools. Enjoy the lively atmosphere and community spirit that make Roscoe Village a highly coveted residential area. The units feature modern kitchens equipped with top-of-the-line appliances, stylish cabinetry, and functional layouts. Whether you're an aspiring chef or prefer casual dining, these kitchens are designed to meet your culinary needs. With the growing popularity of Roscoe Village, these units present an excellent investment opportunity. Whether you're considering rental income or planning to occupy one unit while leasing the others, this property offers versatile options.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1899
Parking Total 2
Exterior Building Type Vinyl Siding
Exterior Property Features Deck, Patio, Porch, Storms/Screens
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major CHI - North Center
Corporate Limits Chicago
Directions Belmont to Ravenswood N to Melrose W to 1831
Equipment CO Detectors
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+
High Sch Dist 299
Sewer Public Sewer, Sewer-Storm
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 3
Full Baths in Building Count 3
Total Rooms 11
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date 04/24
Rooms Total 3
Tenant Pays Electric,Gas
Floor Number G
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1850
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Garage/Space
Full Baths Total 1
Lease Expiration Date 05/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1600
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Garage/Space
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 24X127
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing VA
Gross Rental Income $58,200
Insurance Expense $2,366
Other Addl Income Coin Laundry
Investment Profile Residential Income
Water Expense $853

Tax/Assessments/Liens

PIN 14194330080000
Special Assessments N
Taxes $13,069
Tax Exemptions None
Tax Year 2022
$835,000 Listing Price:
MLS # 11949567
Investment Profile Residential Income
Listing Market Time 93 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 12/20/2023
Year Built 1899
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