AbodeABODE

1630 W Melrose Street

Chicago, IL 60657

1630 W Melrose Street, Chicago, IL 60657 — exterior front view
1630 W Melrose Street, Chicago, IL 60657 — exterior view
1630 W Melrose Street, Chicago, IL 60657 — exterior view

1630 W Melrose Street

Chicago, IL

$550,000

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ActiveMLS #MRD12667107

1630 W Melrose Street

Chicago, IL 60657

$550,000

List Price

4

Bedrooms

2

Bathrooms

About This Property

Rare redevelopment or investment opportunity in the heart of Lakeview. Solid brick 2-flat featuring two 2-bedroom, 1-bath apartments with long-term tenants currently on month-to-month leases. Rents are below market, offering immediate upside potential for investors or future redevelopment. Property is zoned B1-3 and is being offered exclusively as part of a package sale with the adjacent property at 3248 N. Lincoln Ave. Prime location near transportation, shopping, dining, and neighborhood ameni...

Property Details

Key Facts

Overview
Property TypeResidential Income
Bedrooms4
Bathrooms2
Days on Market6
Building
StyleOther
Year Built1908
Lot Size25x59x29x74
CountyCook
HeatingForced Air
BasementUnfinished, Full
ExteriorBrick
WaterLake Michigan
SewerPublic Sewer
Lot Dimensions25x59x29x74
Lot FeaturesIrregular Lot
MLS #MRD12667107
Days on Market6
List DateJune 25, 2026
StatusActive
Annual Taxes$11,344
Listing Courtesy OfJameson Sotheby's Intl Realty

Listed for sale

MLS #MRD12667107

$550,000

Jun 25, 2026

Mortgage Estimate

$3,726

/month
Principal & Interest
$2,781
Property Taxes
$945
20% · $110,000
6.5%

Location

Lakeview · 1630 W Melrose Street, Chicago, IL 60657

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1630 W Melrose Street, Chicago, IL 60657

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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