Chicago, IL 60657 1640 W Melrose Street
$1,100,000



23 more
























Presented By: DNV Solutions LLC
Home Details
Attention Buyers: Great 3-Flat in West Lakeview / Roscoe Village. Great location, this property is a 5 minute walk from the Brown Line, surrounded by local restaurants, a one-mile walk to Wrigley, and an easy walk away from the lake. This 3-Flat features two 3-Bedroom, 1 Bathroom units, and a duplex owners unit featuring 2-Bedrooms and 2 recently renovated bathrooms. Each unit has an individual HVAC, decks in the back, and hardwood floors throughout the units. Duplex-unit is currently owner occupied. Fair market monthly rental income for entire building conservatively estimated at $8,000+. Both bathrooms in the duplex unit were renovated in 2025, one new HVAC unit in 2025, one new water heater in 2024. Roof and tuckpointing done within the last 10 years.
Presented By: DNV Solutions LLC
Interior Features for 1640 W Melrose Street
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementFinished, Full, Walk-Out Access
Total Number of Units3
General for 1640 W Melrose Street
Architectural StyleTraditional
CityChicago
Community FeaturesCurbs, Sidewalks, Street Lights, Street Paved
Construction MaterialsBrick, Block
ContingencyAttorney/Inspection
CountyCook
DirectionsLincoln Ave (north or south) to Melrose St west to the building (Melrose is one-way).
Elementary School District299
Fuel Expense
Garage Spaces2
Gross Income6175
HeatingNatural Gas, Forced Air
High School District299
Insurance Expense2200
MLS AreaCHI - Lake View
MaintenanceExpense750
Middle/Junior School District299
ModificationTimestamp2025-08-26T22:32:01.979Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount14603
Tax Year2023
Total Rooms19
TownshipLake View
Trash Expense345
Water Sewer Expense600
Year Built1908
Exterior for 1640 W Melrose Street
Foundation DetailsBlock, Brick/Mortar
Lot Dimensions24 X 125
Lot Size Acres0.06
Other EquipmentCeiling Fan(s), Multiple Water Heaters
OwnerPhone847-373-7850
Parking FeaturesGarage Door Opener, On Site, Garage Owned, Detached, Garage
Total Parking2
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History
