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  • $625,000

    2205 N Melvina Ave, Chicago, IL 60639

    7beds
    --sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $625,600 Zestimate®
    $--/sqft
    $2,574 Estimated rent

    Home value

    $625,600

    $569,000 - $688,000

    $2,574/mo

    Zestimate® history
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    $2,574/mo

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    Rent Zestimate®

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    $4,589/mo

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    $4,589/mo

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    What's special

    Rear porch area
    Fantastic investment opportunity! Well-maintained multi-unit property featuring a 3-unit building plus a coach house with an additional apartment. The main building offers two 2-bedroom units, one with 1 bath and the other with 2 baths and a rear porch area, plus a spacious 3-bedroom, 1-bath unit. The coach house features 3 bedrooms and 1 bath. Each unit offers a living room and dining room, providing comfortable layouts for tenants. Property is fully leased with long-time tenants on month-to-month leases. Current rents are below market, offering excellent potential for increased cash flow. Finished basement adds additional usable space. A great opportunity for investors looking to expand their portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Maria Miller 708-859-0909,

    Better Homes & Gardens Real Estate,

    Scott Miller 708-351-6226,

    Better Homes & Gardens Real Estate

    Bought with:

    Zain Nasir

    ERA Partners

    Source: MRED as distributed by MLS GRID,MLS#: 12678824MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 6
    Heating
    • Forced Air
    Features
    • Basement: Partially Finished,Full

    Property

    Lot
    • Size: 3,750 Square Feet
    • Dimensions: 30x125
    Details
    • Parcel number: 13321140170000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $670,010
    • Annual tax amount: $7,818
    • Date on market: 6/16/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/14/2026Sold$625,000-5.2%
    Source: MRED as distributed by MLS GRID #12678824 Report a problem
    8/9/2026Contingent$659,000
    Source: MRED as distributed by MLS GRID #12678824 Report a problem
    6/16/2026Listed for sale$659,000+83.1%
    Source: MRED as distributed by MLS GRID #12678824 Report a problem
    10/26/2005Sold$360,000+65.9%
    Source: Public Record Report a problem
    11/10/1998Sold$217,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$12,274 +57%$67,001 +55.8%
    2023$7,818 +3.1%$43,000
    2022$7,582 +37.3%$43,000
    2021$5,523 +29.4%$43,000 +93.3%
    2020$4,268 -9.6%$22,249 -17.3%
    2019$4,719 +1.7%$26,906
    2018$4,639 -31.3%$26,906 -22.5%
    2017$6,754 +33.6%$34,733 +25.3%
    2016$5,055 +9.8%$27,724
    2015$4,602 -13%$27,724 -10.7%
    2014$5,288 +2.2%$31,046
    2013$5,172 +0.9%$31,046
    2012$5,127 +12.2%$31,046 +2.8%
    2011$4,570 -1.1%$30,203
    2010$4,623 +7.3%$30,203 -9.9%
    2009$4,306 +0.9%$33,526 +12.8%
    2008$4,267 +1%$29,724
    2007$4,225 -25.3%$29,724 -24.5%
    2006$5,655 +31.3%$39,360 +49.4%
    2005$4,307 +1%$26,338
    2004$4,264 +2.2%$26,338
    2003$4,172 +26.4%$26,338 +43.6%
    2002$3,299 +3.7%$18,345
    2001$3,183 +7.6%$18,345
    2000$2,958 -5.6%$18,345 +19.4%
    1999$3,133 $15,365
    Find assessor info on the county website

    Neighborhood: Galewood

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $625,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $625,600