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!
Contingent
$659,000
2205 N Melvina Ave, Chicago, IL 60639
7beds
--sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Rear porch area
- --
- 72
- views
- 1
- save
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
Source: MRED as distributed by MLS GRID,MLS#: 12678824
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
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/26/2005 | Sold | $360,000+65.9% |
Source: Public Record Report a problem | ||
| 11/10/1998 | Sold | $217,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Galewood
Nearby schools
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