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$ 450,000
Est. payment | /mo
6 Beds
$ 450,000
Est. payment | /mo
6 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12309175
Bedrooms 6
Year Built 1925
Annual Tax Amount $5,633
Tax Year 2023
Lot Dimensions 30 X 125
Property Sub-Type Two to Four Units
Property Description
Welcome to 5718 Melrose! Turn-key, fully rented building looking for a new owner. This building contains a spacious & updated 3 bedroom/1 bathroom unit on the main level complete with a large living room, formal dining room, three spacious bedrooms, 1 full bathroom (updated in 2024) plus an updated (2024) large kitchen. The lower level was completely updated in 2024 to include three bedrooms, 2 full bathrooms (one of which is an en-suite), eat-in kitchen and living room (currently being used as a dining room). Additional features include common laundry room, 2-car garage and backyard. Awesome location! Fabulous tenants! Flexibility for any buyer to live in one unit and rent out the other, continue to rent both units, or convert to a beautiful single family home. Close to shopping and transportation. Neither seller nor broker represent the legality of any units. All leases expire end of May.
Location
State IL
County Cook
Community Curbs, Sidewalks, Street Lights, Street Paved
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rebecca Sexson • Baird & Warner