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$2,999,999

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • 3 Car Garage
  • Updated 7 hours ago
See This Home
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Huge price improvement on this beauty! Imposing, all brick, newer construction 3+ unit building in Roscoe Village in one of the best locations in the city and within walking distance to the train station. The first 3 floors are identical layout 2 bdrms 1 bath with large rooms and tandem rear enclosed sun rooms. The top floor (attic) and the basements are set up as 1 bdrm 1 bath, each unit has a kitchenette or kitchen. FIVE total floors of living space that can be used for a large/extended multi-generation family, can be rented individually, or used as short term stay. The building could also be de-converted and made into a single family house. All of these possibilities could fit multiple plans currently or for near future, unlike with a SF house. Rarely-found feature: the 2nd floor of the garage has a heated pool for year-round enjoyment!!

Full Property Details for 1942 W Melrose St

General

  • Price: $2,999,999
  • Taxes: $26,592 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12718116

Interior

  • Basement: Finished, F

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Upper - Full Baths: 5
  • Bathroom Features: Whirlpool

Bedrooms

  • Total Bedrooms: 8

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Garage Door Opener, Heated Garage, Yes, Garage Owned, Detached, Garage

Location

  • Area: CHI - North Center
  • County: Cook
  • Township: North Chicago
  • Driving Directions: Wolcott N/S to Melrose and west to address, one way west

School Information

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

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

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

Structural Information

  • Model: 3 story
  • Construction: Brick, Stone
  • Exterior Const.: Brick, Stone
  • Basement: Yes
  • Basement Desc.: Finished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 2000

Unit Information

  • Units in Building: 3

Manufactured Home

  • Model: 3 story

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 4500
  • Zoning: MULTI

Financial Considerations

  • Insurance Fee: $2,700
  • Parking Included: Yes
  • Assessment Year: 2000
  • Tax Amount: $26,592
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 14194270240000

Listed by Nicholson Real Estate Inc.

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Listing agent

— 1942 W Melrose St —

  • Nicholson Real Estate Inc.

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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 1942 W Melrose St

School District:Chicago Public School District 299
NameGradesDistance
Jahn Elementary School
3149 North Wolcott Avenue, Chicago, IL 60657
K-80.2 mi
Lake View High School
4015 North Ashland Avenue, Chicago, IL 60613
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 1942 W Melrose St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,592
—
$125,000
-5%
2023
$26,592
3%
$132,000
—
2022
$25,884
161%
$132,000
—
2021
$9,925
-3%
$132,000
27%
2020
$10,242
—
$104,127
-11%
2019
$10,211
2%
$116,997
—
2018
$10,057
-7%
$116,997
26%
2017
$10,768
-42%
$93,200
—
2016
$18,667
76%
$93,200
—
2015
$10,589
1%
$93,200
53%
2014
$10,498
-6%
$60,985
-7%
2013
$11,141
-11%
$65,764
-11%
2012
$12,492
—
$73,890
—
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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NMLS#: 1598647

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Listed by Nicholson Real Estate Inc.

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1942 W Melrose Street, Chicago, IL 60657 (MLS# 12718116) is a Multi-Family property with 3 units containing 8 bedrooms and 0 full bathrooms. 1942 W Melrose Street is currently listed for $2,999,999 and was received on July 28, 2026. Want to learn more about 1942 W Melrose Street? Do you have questions about finding other Multi-Family real estate for sale in North Center? You can browse all North Center real estate or contact a Coldwell Banker agent to request more information.

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