$1,668,000
5402 W MELROSE Street
Chicago, IL, 60641
PRIME INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF THE BELMONT-CRAGIN NEIGHBORHOOD THIS PROMINENT YELLOW BRICK CORNER BUILDING FEATURES TWELVE (12) SPACIOUS UNITS CONSISTING OF FOUR (4) 2BD/1BA AND EIGHT (8) 1BD/1BA APARTMENTS. THIS PROPERTY OFFERS AN ARRAY OF AMENITIES, INCLUDING OVERSIZED RESIDENT STORAGE UNITS, AN ON-SITE LAUNDRY FACILITY, A BACK COURTYARD AND A 2-CAR DETACHED GARAGE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE THE RESIDENTS ARE RESPONSIBLE FOR THEIR COOKING GAS AND ELECTRIC UTILITIES. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO’S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: -OVERSIZED RESIDENT STORAGE UNITS – BUILDING OWNED LAUNDRY FACILITY – (2) CAR DETACHED PARKING GARAGE
Property Details
Price:
$1,668,000
MLS #:
MRD12201366
Status:
Active
Beds:
0
Baths:
0
Address:
5402 W MELROSE Street
Type:
Commercial
Neighborhood:
CHI – Portage Park
City:
Chicago
Listed Date:
Nov 1, 2024
State:
IL
ZIP:
60641
Year Built:
1929
Schools
Interior
Exterior
Financial
Tax Year
2023
Taxes
$19,774
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
Map
Similar Listings Nearby
- 6700 S Clyde Avenue
Chicago, IL$2,150,000
0.00 miles away
- 2148 N Milwaukee Avenue
Chicago, IL$2,150,000
0.00 miles away
- 3100-3104 S Homan Avenue
Chicago, IL$2,150,000
0.00 miles away
- 4158 W 63rd Street
Chicago, IL$2,150,000
0.00 miles away
- 3472 N CLARK Street
Chicago, IL$2,125,000
0.00 miles away
- 11250 S Western Avenue
Chicago, IL$2,100,000
0.00 miles away
- 44 E 26th Street #42-58
Chicago, IL$2,050,000
0.00 miles away
- 226 E 48th Street
Chicago, IL$2,040,000
0.00 miles away
- 4002 S Calumet Avenue
Chicago, IL$2,025,000
0.00 miles away
- 2525 S Wabash Avenue
Chicago, IL$2,000,000
0.00 miles away
Courtesy of Revive Real Estate LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
5402 W MELROSE Street
Chicago, IL
LIGHTBOX-IMAGES