# 1630 W Melrose Street, Chicago, IL 60657

> **TL;DR:** 4bd/2ba residential multi family, $550,000, built 1908. Est. $2,383/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Year Built | 1908 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Nearby Schools

- **Elementary:** Burley Elementary School
- **Middle:** Burley Elementary School
- **High:** Lake View High School

## Property Highlights

- Built in 1908

## Description

### Agent Description
Rare redevelopment or investment opportunity in the heart of Lakeview. Solid brick 2-flat featuring two 2-bedroom, 1-bath apartments with long-term tenants currently on month-to-month leases. Rents are below market, offering immediate upside potential for investors or future redevelopment. Property is zoned B1-3 and is being offered exclusively as part of a package sale with the adjacent property at 3248 N. Lincoln Ave. Prime location near transportation, shopping, dining, and neighborhood amenities. Excellent opportunity to assemble a larger development site in a highly desirable Lakeview location. Sold as-is. Unfinished basement.

## Location

- **Address:** 1630 W Melrose Street, Chicago, IL 60657
- **County:** Cook
- **Coordinates:** 41.940761, -87.669893
- **Google Maps:** https://www.google.com/maps?q=41.940761,-87.669893

## Virtual Tour & Media

- **Video Tour:** https://smartfloorplan.com/adminka/public/api/shell/v512229/info-&-map/idx

## Listing Agent

- **Name:** Robert Munds
- **Brokerage:** Jameson Sotheby's Intl Realty
- **Phone:** (312) 335-3291
- **Email:** rmunds@jamesonsir.com

## Primary Photo

![1630 W Melrose Street - Primary Photo](http://lh.rdcpix.com/a9b1c0984cdfaff519a611cd4cf2228dl-f4173435575r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/1630-w-melrose-street-chicago-il-60657-12667107)*

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**MLS#:** 12667107 | **Updated:** 2026-06-26
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1630-w-melrose-street-chicago-il-60657-12667107)

---

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