Turnkey investment opportunity in fantastic Lakeview location! This is a well maintained 3 unit building with a non-conforming garden unit. Well maintained building features recently updated units with central air/heat, newer kitchens and baths, dishwashers, hardwood floors and outdoor decks. Cathedral ceilings on the 3rd floor. Each unit has its own laundry allowing for premium rents. Tenants responsible for their own utilities and the property has exterior parking available for 6 cars. Opportunity to duplex 1st floor unit down to garden level to create an awesome owner's unit. Please note neither the owner nor broker make any representation of the legality of the garden unit.
Contingent
$1,750,000
1442 W Melrose St, Chicago, IL 60657
6beds
--sqft
Multi Family
Built in 1994
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Outdoor decksNewer kitchens and bathsRecently updated unitsHardwood floors
- 40 days |
- 26 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Barbara Allen 773-698-8380,
Metru Real Estate LLC
Source: MRED as distributed by MLS GRID,MLS#: 12674163
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 7
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Exterior Entry,Egress Window,Full
Property
Parking
- Total spaces: 6
- Parking features: Assigned, Yes, Other
Lot
- Size: 3,125 Square Feet
- Dimensions: 25X125
Details
- Parcel number: 14203250250000
- Zoning: MULTI
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Block
Condition
- New construction: No
- Year built: 1994
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan, Public
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $1,210,000
- Annual tax amount: $27,356
- Date on market: 6/10/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Contingent | $1,750,000 |
Source:  MRED as distributed by MLS GRID #12674163 Report a problem | ||
| 6/10/2026 | Listed for sale | $1,750,000-5.4% |
Source: MRED as distributed by MLS GRID #12674163 Report a problem | ||
| 2/1/2025 | Listing removed | $1,849,900 |
Source: MRED as distributed by MLS GRID #12144840 Report a problem | ||
| 1/1/2025 | Listed for sale | $1,849,900 |
Source: MRED as distributed by MLS GRID #12144840 Report a problem | ||
| 12/7/2024 | Listing removed | $1,849,900 |
Source: MRED as distributed by MLS GRID #12144840 Report a problem | ||
| 12/1/2024 | Listed for sale | $1,849,900 |
Source: MRED as distributed by MLS GRID #12144840 Report a problem | ||
| 9/17/2024 | Listing removed | $1,849,900 |
Source: MRED as distributed by MLS GRID #12144840 Report a problem | ||
| 8/22/2024 | Listed for sale | $1,849,900 |
Source: MRED as distributed by MLS GRID #12144840 Report a problem | ||
| 8/16/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #12103723 Report a problem | ||
| 7/8/2024 | Listed for sale | $1,849,900+34.5% |
Source: MRED as distributed by MLS GRID #12103723 Report a problem | ||
| 7/31/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/26/2023 | Listed for rent | $2,200+22.2% |
Source: Zillow Rentals Report a problem | ||
| 12/19/2020 | Listing removed | $1,800 |
Source: Zillow Rental Manager Report a problem | ||
| 11/17/2020 | Price change | $1,800-9.8% |
Source: Zillow Rental Manager Report a problem | ||
| 10/20/2020 | Listed for rent | $1,995 |
Source: Zillow Rental Manager Report a problem | ||
| 9/30/2016 | Sold | $1,375,000+1222.1% |
Source: MRED as distributed by MLS GRID #09223844 Report a problem | ||
| 6/5/2002 | Sold | $104,000-77.3% |
Source: Public Record Report a problem | ||
| 10/3/1997 | Sold | $457,333 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $121,000 -9% |
| 2023 | $28,062 +2.6% | $133,000 |
| 2022 | $27,356 +2.3% | $133,000 |
| 2021 | $26,745 +3.6% | $133,000 +14.7% |
| 2020 | $25,827 -0.2% | $115,936 -10% |
| 2019 | $25,881 +1.7% | $128,818 |
| 2018 | $25,446 +49.7% | $128,818 +63.1% |
| 2017 | $17,000 +7.5% | $78,972 |
| 2016 | $15,817 -5.5% | $78,972 -13.6% |
| 2015 | $16,745 +34.1% | $91,382 +35.8% |
| 2014 | $12,483 -3.4% | $67,279 -5.3% |
| 2013 | $12,921 -15.1% | $71,045 -16.2% |
| 2012 | $15,217 -4.5% | $84,799 -13.7% |
| 2011 | $15,927 -0.4% | $98,287 |
| 2010 | $15,994 +4.4% | $98,287 |
| 2009 | $15,326 +10.2% | $98,287 +1.4% |
| 2008 | $13,908 +1% | $96,953 |
| 2007 | $13,770 -1.1% | $96,953 |
| 2006 | $13,918 -9.1% | $96,953 +3.5% |
| 2005 | $15,314 +1% | $93,719 |
| 2004 | $15,159 +2.2% | $93,719 |
| 2003 | $14,830 +20.2% | $93,719 +36.5% |
| 2002 | $12,334 +3.8% | $68,649 |
| 2001 | $11,888 +32.2% | $68,649 |
| 2000 | $8,992 -4.7% | $68,649 +40.7% |
| 1999 | $9,439 | $48,807 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lake View
Nearby schools
GreatSchools rating
- 8/10Burley Elementary SchoolGrades: K-8Distance: 0.3 mi
- 3/10Lake View High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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