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1518 W Melrose Street Chicago, IL 60657
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Key Details
Sold Price $650,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11614017
Sold Date 03/14/23
Bedrooms 11
Annual Tax Amount $16,225
Tax Year 2020
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Attention investors and owner occupants looking for instant equity or some additional income in HOT Lake View! Here is your unique opportunity to own this legal 3-unit property on quiet residential street. Property consists of two units in 2-flat in front with unfinished basement and another unit in coach house in back with separate utility accounts. Only top floor unit at front house is vacant; all the other units are tenant occupied. At front house, first floor unit is large 2BD/1BA, combined living/dining room, and kitchen with appliances. House hack by living in second vacant floor unit that is 3BD/1 BA, living room, dining room, and kitchen with appliances & walk-in pantry as an owner occupant- also perfect for secondary vacation property or investment property! Both 2-flat units each have enclosed rear porch for additional storage. Unfinished basement, full of potential, has coin operated laundry room, endless storage, and private side entrance on ground level. Coach house: 3BD/3BA, two living/dining spaces, two kitchen spaces, laundry/utility room, loft space, and ample storage space throughout. Front house and rear house share outdoor patio. Burley School District. Total walker's paradise - Whole Foods (0.1 mile), Target Grocery (0.2 mile) & Whole Foods (0.4 mile) & Trade Joe's (0.9mile), CTA Brown Line: Paulina Station (0.4 mile) & Southport (0.4 mile), CTA Bus - #77: Belmont (0.1 mile) & #9: Ashland: (0.2 mile) and countless neighborhood shops, cafes, restaurants, and nightlife options! Being sold AS-IS. Please view virtual tour before setting up a showing.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Full
Interior
Heating Steam, Radiator(s)
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Christopher Dewilde • Real Broker LLC