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2724 N Melvina Avenue Chicago, IL 60639

$449,900
Contingent / MLS# 12591453 / Multi Unit - Multiple / Chicago
8 Beds
4 Baths

Spacious and versatile multi-unit property located on extra wide city lot in the desirable Belmont Cragin neighborhood, offering an excellent opportunity for owner-occupants or investors. The first units feature 2 bedrooms / 1 full bath and 1 bedroom / 1 full bath, with ample living areas and functional layouts. The second floor unit offers 3 bedrooms and 1 full bath, providing generous living space and flexibility. The third floor offers 2 bedrooms and 1 full bath with bright and spacious open floor plan. Detached 2.5 car garage with space for potential parking next to garage. This property presents a unique opportunity to live in one unit while generating rental income from the others, or to operate as a long-term investment in a strong rental area (current rents are under market and need adjustment). Conveniently located near public transportation / walk to Metra and buses, Target store, Starbucks, parks, schools, grocery store, shopping, and neighborhood amenities. Shows well and offers excellent long-term potential in a central Chicago location. Two tenants have occupied long term (28+ years). Seller prefers to sell in as is condition.

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Estimated Payment

$ 1,845.92 per month $999.78 Principal & Interest $714.92 Property Tax $131.22 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Garage: 2.5
Heating: Natural Gas, Radiator(s)
Home Style: American 4-Sq.
Lot Size: 0.11 Acres
Roof Type: Asphalt
Taxes: $8,579

Feature Descriptions

Exterior: Aluminum Siding, Brick, Frame
Lot: Dimensions to Center of Road
Lot Dimensions: 40x125
Parcel#: 13293030240000
Parking: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Sewer: Other
Total Rooms: 20
Township: Jefferson
Water: Lake Michigan

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Circle One Realty

Listing Office Phone: 630-528-2300



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