Prime Investment Opportunity! Discover a lucrative investment opportunity with this beautifully renovated 4-unit property, featuring a main building with three modern units and a charming coach house. Located in a desirable neighborhood, this property offers both substantial rental income potential and appealing living spaces for tenants. The main building has 2 units with 2 bedrooms and 1.5 bathrooms each. The penthouse unit in the main building has 1 bedroom/1 bathroom. The Charming Coach House has 2 bedrooms/ 1.5 bathrooms and office/den area. All units have a fully equipped kitchen and in-unit laundry. Prime Location! Situated in a sought-after area, this property benefits from strong rental demand and proximity to local amenities, public transportation, and key attractions. Its location enhances both tenant appeal and investment potential. This renovated 4-unit property with a coach house is a rare investment opportunity, combining modern amenities with strong rental income potential. Don't miss out on adding this prime asset to your real estate portfolio!
Closed
$1,090,909
3417 W Melrose St, Chicago, IL 60618
7beds
--sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$4,923 Estimated rent
Home value
Not available
Estimated sales range
Not available
$4,923/mo
Zestimate® history
Owner options
List your home for rent
$4,923/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$4,923/mo
Rent Zestimate®
Refinance and save
$7,803/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$7,803/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listing courtesy of:
Rafay Qamar 217-960-8605,
Real Broker LLC
Bought with:
Demetrios Therios
Jameson Sotheby's International Realty
Source: MRED as distributed by MLS GRID,MLS#: 12128317
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
- Full bathrooms: 4
- 1/2 bathrooms: 3
Bathroom
- Features: Separate Shower, Soaking Tub
Heating
- Natural Gas
Appliances
- Included: Multiple Water Heaters
Features
- Basement: None
Property
Parking
- Total spaces: 3
- Parking features: On Site, Owned
Lot
- Size: 3,150 sqft
Details
- Parcel number: 13234090300000
- Special conditions: None
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Closed Circuit Camera(s)
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $1,090,909-5.1% |
Source:  MRED as distributed by MLS GRID #12128317 Report a problem | ||
| 2/29/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11904795 Report a problem | ||
| 10/14/2023 | Listed for sale | $1,150,000+1.3% |
Source: MRED as distributed by MLS GRID #11904795 Report a problem | ||
| 9/20/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11856801 Report a problem | ||
| 8/10/2023 | Listed for sale | $1,135,000-1.2% |
Source: MRED as distributed by MLS GRID #11856801 Report a problem | ||
| 6/29/2023 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11782967 Report a problem | ||
| 5/14/2023 | Listed for sale | $1,149,000+790.7% |
Source: MRED as distributed by MLS GRID #11782967 Report a problem | ||
| 3/27/2013 | Sold | $129,000-32.1% |
Source: MRED as distributed by MLS GRID #08268346 Report a problem | ||
| 3/1/2002 | Sold | $190,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $76,102 +22.3% |
| 2023 | $12,480 -6.2% | $62,219 -8.3% |
| 2022 | $13,306 +2.2% | $67,856 |
| 2021 | $13,026 +101.2% | $67,856 +111.8% |
| 2020 | $6,473 -9.9% | $32,036 -17.9% |
| 2019 | $7,183 +2.1% | $39,032 |
| 2018 | $7,036 -4.8% | $39,032 +3.6% |
| 2017 | $7,389 +4.8% | $37,680 |
| 2016 | $7,051 +9.7% | $37,680 |
| 2015 | $6,428 +19.7% | $37,680 +30.3% |
| 2014 | $5,371 +238.3% | $28,928 +212.7% |
| 2013 | $1,588 -70.9% | $9,250 -77.4% |
| 2009 | $5,459 -8% | $40,915 -14.8% |
| 2008 | $5,933 +7.3% | $48,041 |
| 2007 | $5,529 +0.6% | $48,041 +43% |
| 2005 | $5,494 +1% | $33,596 |
| 2004 | $5,439 +2.2% | $33,596 |
| 2003 | $5,321 +29.5% | $33,596 +47% |
| 2002 | $4,110 +13.7% | $22,856 |
| 2001 | $3,614 +4.6% | $22,856 |
| 2000 | $3,456 | $22,856 |
Find assessor info on the county website
Neighborhood: Avondale
Nearby schools
GreatSchools rating
- 5/10Reilly Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Schurz High SchoolGrades: 9-12Distance: 1.2 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Illinois
- Cook County
- Chicago
- 60618
- Avondale
- 3417 W Melrose St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Chicago Topics
