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$659,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 8 hours ago

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Fantastic investment opportunity! Well-maintained multi-unit property featuring a 3-unit building plus a coach house with an additional apartment. The main building offers two 2-bedroom units, one with 1 bath and the other with 2 baths and a rear porch area, plus a spacious 3-bedroom, 1-bath unit. The coach house features 3 bedrooms and 1 bath. Each unit offers a living room and dining room, providing comfortable layouts for tenants. Property is fully leased with long-time tenants on month-to-month leases. Current rents are below market, offering excellent potential for increased cash flow. Finished basement adds additional usable space. A great opportunity for investors looking to expand their portfolio!

Full Property Details for 2205 N Melvina Ave

General

  • Price: $659,000
  • Taxes: $7,818 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12678824

Interior

  • Basement: Partially

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Upper - Full Baths: 6

Bedrooms

  • Total Bedrooms: 10

Additional Information

  • Other Features: School Bus Service, Interstate Access

Location

  • Area: CHI - Belmont Cragin
  • County: Cook
  • Township: West Chicago
  • Driving Directions: West on Fullerton South to Melvina

School Information

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

Heating & Cooling

  • Heating Type: Forced Air

Utilities

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

Structural Information

  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Year Built: 1925
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 30 x 125

Financial Considerations

  • Assessment Year: 1925
  • Tax Amount: $7,818
  • Tax Year: 2023
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 13321140170000

Listed by Better Homes & Gardens Real Estate

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— 2205 N Melvina Ave —

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Schools serving 2205 N Melvina Ave

School District:Chicago Public School District 299
NameGradesDistance
Burbank Elementary School
2035 North Mobile Avenue, Chicago, IL 60639
PK-80.2 mi
Steinmetz Academic Centre High School
3030 North Mobile Avenue, Chicago, IL 60634
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 2205 N Melvina Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,818
—
$67,001
56%
2023
$7,818
3%
$43,000
—
2022
$7,582
37%
$43,000
—
2021
$5,523
29%
$43,000
93%
2020
$4,268
-10%
$22,249
-17%
2019
$4,719
2%
$26,906
—
2018
$4,639
-31%
$26,906
-23%
2017
$6,754
34%
$34,733
25%
2016
$5,055
10%
$27,724
—
2015
$4,602
-13%
$27,724
-11%
2014
$5,288
2%
$31,046
—
2013
$5,172
1%
$31,046
—
2012
$5,127
—
$31,046
—
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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2205 N Melvina Avenue, Chicago, IL 60639 (MLS# 12678824) is a Multi-Family property with 4 units containing 10 bedrooms and 0 full bathrooms. 2205 N Melvina Avenue is currently listed for $659,000 and was received on June 16, 2026. Want to learn more about 2205 N Melvina Avenue? Do you have questions about finding other Multi-Family real estate for sale in Belmont Cragin? You can browse all Belmont Cragin real estate or contact a Coldwell Banker agent to request more information.

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