2303 N Melvina Avenue, Chicago, Illinois 60639
- $600,000
- 6
- BD
- 3
- BA
- Sold Price
- $600,000
- List Price
- $530,000
- Closing Date
- Mar 21, 2024
- MLS#
- 11970638
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 3
- Gross Rental Income
- $3,965
- County
- Cook
- City
- Chicago
- Neighborhood
- Belmont Central
- Days On Market
- 12
Property Description
***MULTIPLE OFFERS - HIGHEST & BEST DUE THURSDAY, 2/22 AT 7PM***Welcome to this upgraded LEGAL yellow brick 3-flat located in the best part of Belmont Cragin. Sitting on a jumbo 4,088 SQFT lot, this distinguished property, fully leased and bursting with character, seamlessly blends historic charm with modern amenities. Each of the three apartments offers self-contained heating/cooling, separate utilities, and individual laundry facilities, ensuring comfort and convenience for all residents. A standout feature of this property is the extensive & permitted 2020 basement renovations. It boasts a sleek kitchen with stainless-steel appliances, luxury vinyl floors, and quartz countertops. All new sewer line connecting to an existing check valve/backflow preventer, new support post; new electric, new plumbing, new drywall, new LVT flooring and new windows. The basement also features a drain tile system with two sump pumps, including a water sensor alarm and backup battery. The first and second floors offer hardwood flooring, with the second level further enhanced by an open-plan kitchen featuring granite surfaces, breakfast bar, stainless-steel appliances, and an inviting private balcony. Additionally, unit 2 benefits from an enclosed rear porch providing plenty of extra storage space. Enhancing the property's appeal is the two-car brick garage and an additional parking pad, all within a secure wood and rod iron fence. Outdoor wired cameras provide added security & peace of mind. The property boasts a tuckpointed exterior (2020), newer siding (2020) and updated vinyl windows. Additional highlights include three separate furnaces, AC units, water heaters, and utility meters, providing autonomy for each tenant. Each unit has separate washers and dryers tied into tenants' individual gas and electric accounts. Location highlights offer close proximity to Riis Park and Brickyard shopping, minutes to Oak Park and Elmwood Park shops and restaurants, and easy access to Metra and the 290 expressway. A variety of grocery options, including Aldi, Jewel, and Fresh Market, are just a few minutes away, adding to the convenience of this prime location. Don't miss out on this incredible investment opportunity!!
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Additional Information
- School District
- 299
- Corporate Limits
- Chicago
- Tax Year
- 2021
- Tax Amount
- $4,360
- Year Built
- 1924
- Exterior Property Features
- Balcony
- Lot Dimensions
- 33X124
- Lot Size Range
- Less Than .25 Acre
- Units
- 3
- Garage Spaces
- 3
- Parking Spaces
- 3
- Parking Details
- Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Heating
- Natural Gas, Forced Air
- Sewer
- Public Sewer
- Basement
- Yes
- Total Rental Income
- $3,965
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Selling Office: At Home Realty Partners LLC.
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