1326 W Melrose Street, Chicago, Illinois 60657
- $1,160,000
- 6
- BD
- 4
- BA
- Sold Price
- $1,160,000
- List Price
- $1,200,000
- Closing Date
- Sep 03, 2024
- MLS#
- 12085820
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 6
- Bathrooms
- 4
- Gross Rental Income
- $86,400
- County
- Cook
- City
- Chicago
- Neighborhood
- Lake View
- Days On Market
- 31
Property Description
Looking for that perfect property in the perfect neighborhood? This Lakeview two-unit is it! This fabulous duplex has everything you need with tons of space and light. Both units feature formal living rooms, formal dining rooms, large eat-in kitchens with islands and dinette areas, with three bedrooms plus two baths each. The first floor is duplexed down and the second floor is duplexed up. Each unit has an in-unit washer and dryer. Main bedrooms have private baths with soaker tubs and huge walk-in closets. Hardwood floors and tons of storage space in each unit. First floor unit has large rear deck, second floor unit has two decks. The cute rear yard is fully fenced and leads to a 2 car detached garage with alley access. Fabulous Southport area with easy access to transportation, restaurants, shopping, entertainment & more! Most mechanicals in both units have been replaced within 10 years. Most appliances have been replaced within the last five years. Homestead exemption for unit 2 only. Easy to lease units. Unit 1 photos are prior to tenants moving in. 2nd Floor unit is owner-occupied and will be vacated at closing. The floor plan provided is for Unit 2. Unit 1 is almost identical with the exception of the second bedroom has a walk-in closet and separate laundry/hvac room where Unit 2, Bedroom 2 does not have a closet but is large enough to have one added. The current closet in Unit 2, Bedroom 2 is used for laundry and mechanicals.
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Additional Information
- School District
- 299
- Subdivision
- Southport Corridor
- Corporate Limits
- Chicago
- Tax Year
- 2022
- Tax Exemptions
- Homeowner
- Tax Amount
- $9,102
- Year Built
- 1889
- Lot Dimensions
- 25X125
- Lot Size Range
- Less Than .25 Acre
- Units
- 2
- Garage Spaces
- 2
- Parking Spaces
- 2
- Parking Details
- Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Heating
- Natural Gas, Forced Air, Indv Controls
- Sewer
- Public Sewer
- Basement
- Yes
- Total Rental Income
- $86,400
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