5116 W Melrose Street
Chicago, IL 60641

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $555,000

About this home

AS IS, BEAUTIFUL, WELL MAINTAINED 2 UNIT BUILDING THAT'S MOVE IN READY. ROOF REPLACED 10/2021. EACH FLOOR OFFERS 3 BEDROOMS, A SEPARATE LIVING, DINING ROOM, AND A SPACIOUS KITCHEN, GREAT FOR COOKING & ENTERTAINING. THE 2ND FLOOR IS GREAT FOR A SELLER LOOKING TO MOVE IN ONE/WHILE RENTING OUT THE OTHER, WITH UPDATED CABINETS, STAINLESS STEEL APPLIANCES, A BUILT-IN ISLAND WITH ELECTRICAL HOOKUP, HARDWOOD FLOORS THROUGH THE MAJORITY OF THE UNIT, AND A BATHROOM THAT'S BEEN UPDATED WITHIN THE LAST 5 YEARS. ADD YOUR OWN FINISHING TOUCHES TO THIS 2ND FLOOR BEAUTY. FINISHED BASEMENT WITH A BATHROOM. GREAT FOR ENTERTAINMENT OR A WORKOUT ROOM (AS PREVIOUSLY USED). ENJOY AMPLE AMOUNT OF SPACE IN A FULL ATTIC FOR STORAGE, OR POSSIBLE DORMER IN THE FUTURE. WINDOWS WERE UPDATED FOR BOTH THE ENTIRE 1ST & 2ND FLOOR IN 2011. 2 1/2 CAR GARAGE WITH FRENCH PARTY DOORS. GREAT FOR EASE OF YARD WORK, OR ENTERTAINMENT. PLENTY OF TRANSPORTATION, SHOPPING, AND SCHOOLS NEARBY. Multiple Offers received. Highest and Best called for 7:30 PM, Monday, 6/10/24

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
3 Bedroom Unit in Building Yes
Parking Total 2
Exterior Building Type Frame
Foundation Brick/Mortar
Parking On-Site Yes
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2019
Roof Type Shake
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Portage Park
Zoning Type MULTI
Corporate Limits Chicago
Directions WEST ON BELMONT TO LARAMIE, MAKE A RIGHT ON LARAMIE EAST, THEN AN IMMEDIATE RIGHT ONTO MELROSE
Equipment Sump Pump
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Finished
Basement Bathrooms No
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 2
Full Baths in Building Count 2
Total Rooms 12
Units
unit 1
Beds Total 3
Baths Total 1
Appliances And Features Central Air Conditioner
Full Baths Total 1
Lease Expiration Date NA
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date NA
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 30 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13214160340000
Special Assessments N
Taxes $6,499
Tax Exemptions Homeowner
Tax Year 2022
$555,000 Listing Price:
MLS # 12076457
Investment Profile Residential Income
Listing Market Time 66 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 06/07/2024
Year Built
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