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Off market
  • $945,800

    2251 W Melrose St, Chicago, IL 60618

    6beds
    1,398sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $945,800 Zestimate®
    $677/sqft
    $3,099 Estimated rent

    Home value

    $945,800

    $851,000 - $1.06M

    $3,099/mo

    Zestimate® history
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    $5,567/mo

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    What's special

    Roscoe Village 3 flat with $52k gross annual income ready for turn-key investment opportunity with owner's unit: top floor 2 bed/2 bath duplex-up, 1st floor 2 bed/1 bath simplex, and 2 bed/1 bath garden unit. Steps to shopping, grocery stores, and in boundary for 1+ Audubon Elementary. All units have hardwood floors, newer double pane windows, and kitchens redone in 2004. Duplex unit includes washer and dryer, with common laundry on lower level. Well maintained building with a 2 car garage built in 2004, roof 2005, AC 2004, furnaces 2004, 3 newer hot water heaters. Currently all units are rented month to month, tenants pay own gas and electric. 1st floor: 2 bed/1 bath $1200, 2nd floor: duplex up, 2 bed/2 full bath $1750, garden: 2 bed/1 bath $1100, garage $300. Annual expenses around $16,000. *Check out link to 3D tour below*

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,398 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,000 Square Feet
    Details
    • Parcel number: 1419329004

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1904

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $677/sqft
    • Tax assessed value: $580,000

    Price history

    DateEventPrice
    3/5/2021Sold$590,000$422/sqft
    Source: Public Record Report a problem
    11/18/2020Sold$590,000-4.1%$422/sqft
    Source: MRED as distributed by MLS GRID #10842569 Report a problem
    10/11/2020Pending sale$615,000$440/sqft
    Source: Compass #10842569 Report a problem
    9/1/2020Price change$615,000-3.8%$440/sqft
    Source: Compass #10842569 Report a problem
    7/6/2020Listed for sale$639,000+418.1%$457/sqft
    Source: Compass #10762615 Report a problem
    3/9/1994Sold$123,333$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $58,000 -1.7%
    2023$12,448 +2.6%$59,000
    2022$12,135 +2.3%$59,000
    2021$11,864 +5.4%$59,000 +16.7%
    2020$11,258 -1.3%$50,536 -11%
    2019$11,408 +1.7%$56,783
    2018$11,217 +13.1%$56,783 +23.3%
    2017$9,914 +7.5%$46,054
    2016$9,224 +9.3%$46,054
    2015$8,439 +30.3%$46,054 +31.9%
    2014$6,478 +2%$34,916
    2013$6,350 +1.4%$34,916
    2012$6,266 -12.8%$34,916 -21.2%
    2011$7,184 -21.7%$44,335 -21.4%
    2010$9,180 +4.4%$56,413
    2009$8,797 +17.8%$56,413 +8.4%
    2008$7,466 +1%$52,044
    2007$7,392 -1.1%$52,044
    2006$7,471 +65.7%$52,044 +88.6%
    2005$4,510 +1%$27,600
    2004$4,464 +2.2%$27,600
    2003$4,367 +27.9%$27,600 +45.3%
    2002$3,414 +3.7%$19,000
    2001$3,290 +2.7%$19,000
    2000$3,205 -11.3%$19,000 +1.7%
    1999$3,613 $18,681
    Find assessor info on the county website

    Neighborhood: Roscoe Village

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Audubon Elementary School
    • High: Lake View High School

    Source: The MLS. 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
    $945,800
    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
    $945,800