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$1,750,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 6 Total Beds
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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.

Full Property Details for 1442 W Melrose St

General

  • Price: $1,750,000
  • Taxes: $27,356 (2024)
  • Status: Contingent
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12674163
  • Updated: 6/15/2026
  • Added to Site: 27 day(s) ago

Interior

  • Basement: Finished, E

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Upper - Full Baths: 7

Bedrooms

  • Total Bedrooms: 6

Parking

  • Total Spaces: 6
  • Parking Features: Assigned, Yes, Other

Location

  • Area: CHI - Lake View
  • County: Cook
  • Township: Lake View
  • Driving Directions: Intersection of Belmont and Southport. North on Southport to Melrose. West on Melrose to property.

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan, Public

Structural Information

  • Construction: Brick, Block
  • Exterior Const.: Brick, Block
  • Basement: Yes
  • Basement Desc.: Finished, Exterior Entry, Egress Window, Full
  • Year Built: 1994
  • Remodeled/Updated: 2019

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 25 x 125
  • Zoning: MULTI

Financial Considerations

  • Assessment Year: 1994
  • Tax Amount: $27,356
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 14203250250000

Listed by Metru Real Estate LLC

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— 1442 W Melrose St —

  • Metru Real Estate LLC

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1442 W Melrose St

School District:Chicago Public School District 299
NameGradesDistance
Burley Elementary School
1630 West Barry Avenue, Chicago, IL 60657
K-80.3 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1442 W Melrose St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Listed
$1,750,000
27.27%
MLS
9/28/2016
Sold
$1,375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1442 W Melrose St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$28,062
—
$121,000
-9%
2023
$28,062
3%
$133,000
—
2022
$27,356
2%
$133,000
—
2021
$26,745
4%
$133,000
15%
2020
$25,827
—
$115,936
-10%
2019
$25,881
2%
$128,818
—
2018
$25,446
50%
$128,818
63%
2017
$17,000
7%
$78,972
—
2016
$15,817
-6%
$78,972
-14%
2015
$16,745
34%
$91,382
36%
2014
$12,483
-3%
$67,279
-5%
2013
$12,921
-15%
$71,045
-16%
2012
$15,217
—
$84,799
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1442 W Melrose Street, Chicago, IL 60657 (MLS# 12674163) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 1442 W Melrose Street is currently listed for $1,750,000 and was received on June 08, 2026. Want to learn more about 1442 W Melrose Street? Do you have questions about finding other Multi-Family real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.

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