About 1640 West Melrose Street
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.
Features of 1640 West Melrose Street
| MLS® # | 12418667 |
|---|---|
| Price | $1,100,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.06 |
| Year Built | 1908 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Style | Traditional |
| Status | Contingent |
Community Information
| Address | 1640 West Melrose Street |
|---|---|
| Area | CHI - Lake View |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60657 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Garage Door Opener, On Site, Garage Owned, Detached, Garage |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Natural Gas, Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full, Walk-Out Access |
Exterior
| Exterior | Brick, Block |
|---|---|
| Roof | Asphalt |
| Foundation | Block, Brick/Mortar |
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 94 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | DNV Solutions LLC |
|---|---|
| Contact Info | 312-446-8713 |