2115 W Melrose ST

Chicago,IL 60618

$ 850000

8 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 11994248

Bedrooms 8

Year Built 1891

Annual Tax Amount $13,875

Tax Year 2022

Lot Dimensions 25X125

Property Description

This is a great opportunity to turn this 4 unit into a cash-flowing asset! Tons of potential here, the building is a legal 4-unit building with each unit having 2 bedrooms and 1 bath. Two of the units are vacant, one is tenant-occupied, paying $1,100 a month and the other is owner-occupied. Additionally, the upstairs units can be duplexed up and turned into a spacious 3-bedroom apartment! The electrical has been updated but the rest of the property will need some work. The property has been family-owned for over 40 years.

Location

State IL

County Cook

Area Chi - North Center

Rooms

Basement Partial

Interior

Heating Natural Gas,Electric

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

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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