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$1,865,000
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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.
Full Property Details
Full Property Details for 1442 W Melrose St
General
- Sold For: $1,865,000
- Taxes: $27,356 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12674163
- Added to Site: 133 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 7
Bedrooms
- Total Bedrooms: 6
Parking
- Total Spaces: 6
- Parking Features: Assigned, Yes, Other
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: Intersection of Belmont and Southport. North on Southport to Melrose. West on Melrose to property.
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Lake Michigan, Public
Structural Information
- Construction: Brick, Block
- Exterior Const.: Brick, Block
- 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
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: List Broker Must Accompany
- Property ID: 14203250250000
Listed by Metru Real Estate LLC
Sold by Baird & Warner
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Schools
Schools serving 1442 W Melrose St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burley Elementary School 1630 West Barry Avenue, Chicago, IL 60657 | K-8 | 0.3 mi |
Lake View High School 4015 North Ashland Avenue, Chicago, IL 60613 | 9-12 | 1 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
Date
Details
Price
Change
Source
9/08/2026
Sold
$1,865,000
6.57%
MLS
6/08/2026
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1442 W Melrose Street, Chicago, IL 60657 (MLS# 12674163) is a Multi-Family property that was sold at $1,865,000 on September 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.

