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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 1,750,000

Est. payment -/mo

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New

1442 W Melrose ST Chicago, IL 60657

6 Beds

7 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12674163

Bedrooms 6

Year Built 1994

Annual Tax Amount $27,356

Tax Year 2024

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

Turnkey investment opportunity in fantastic Lakeview location! This is a well maintained 3 unit building with a non-conforming garden unit. Well maintained building features recently updated units with central air/heat, newer kitchens and baths, dishwashers, hardwood floors and outdoor decks. Cathedral ceilings on the 3rd floor. Each unit has its own laundry allowing for premium rents. Tenants responsible for their own utilities and the property has exterior parking available for 6 cars. Opportunity to duplex 1st floor unit down to garden level to create an awesome owner's unit. Please note neither the owner nor broker make any representation of the legality of the garden unit.

Location

State IL

County Cook

Area Chi - Lake View

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Egress Window, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick,Block, No

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick,Block

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Barbara Allen of Metru Real Estate LLC

Nearby School & Business

AFFORDABILITY CALCULATOR

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Your debt-to-income ratio is 36%
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MY BLOGS

Vacant Land Scams are REAL

My Recent Experience with an Unauthorised Land Seller About 6 months ago, I received an email from (let's call him) Charlie. A "nothing out of the ordinary" email from a common (and mildly validating) charlie.....@hotmail stating: "I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell the lot. If you could please provide me with a market valuation, that would be great. We are looking to make a quick decision on this. Thank you, Charlie"

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slowly nearing college graduation and my older girls working hard in their careers, the days of simple life are taken over by group texts and long-distance daily check-ins. It's just not the same.

less is more, unless, it's for less.

Each day, I'd get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds frantically starring at the time ticking away. All ready but just need to ...find ....one matching sock.

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL, 60005, USA