2724 North Melvina, Chicago IL 60639
- Units 4
- Total Beds 8
- Total Baths 4
- Taxes $8,579.87
- Payment Estimate View Mortgage Calculator
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Property Description
Spacious and versatile multi-unit property located on extra wide city lot in the desirable Belmont Cragin neighborhood, offering an excellent opportunity for owner-occupants or investors. The first units feature 2 bedrooms / 1 full bath and 1 bedroom / 1 full bath, with ample living areas and functional layouts. The second floor unit offers 3 bedrooms and 1 full bath, providing generous living space and flexibility. The third floor offers 2 bedrooms and 1 full bath with bright and spacious open floor plan. Detached 2.5 car garage with space for potential parking next to garage. This property presents a unique opportunity to live in one unit while generating rental income from the others, or to operate as a long-term investment in a strong rental area (current rents are under market and need adjustment). Conveniently located near public transportation / walk to Metra and buses, Target store, Starbucks, parks, schools, grocery store, shopping, and neighborhood amenities. Shows well and offers excellent long-term potential in a central Chicago location. Two tenants have occupied long term (28+ years). Seller prefers to sell in "as is" condition.
Features & Information
Key Details
- List Price $449,900
- Property Taxes $8,579.87
- Price/ Sq. Ft. Unavailable
- Year Built U
- Parking Type Garage
- Status Contingent
Rooms
- Total Rooms 20
- Basement N
Exterior Features
-
Parking
- Parking Details Garage
- # of Cars: 2.5
- # of Garage Spaces: Garage Door Opener(s),Transmitter(s)
Building Information
- Number of Units 4
- Age of Building 100+ Years
- Exterior Construction Aluminum Siding,Brick,Frame
- Foundation Brick,Concrete
- Heating & Cooling Gas, Radiators
-
Units
- Unit 1 Stove, Refrigerator
- Unit 2 Stove, Refrigerator
- Unit 3 Stove, Refrigerator
- Unit 4 Stove, Refrigerator
Location
- County Cook
- Township Jefferson
- Corporate Limits Chicago
- Directions to Property 5 Blocks East Of Narragansett And 4 Blocks West Of Austin Ave. 1/2 Block South Of Diversey Ave.
-
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
-
Property Taxes
- Tax 8579.87
- Tax Year 2024
- Tax Exemptions Homeowner
- Parcel Identification Number 13293030240000
Utilities
- Sewer Other
Listed by: Circle One Realty | Phone: 630.528.2300
Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/28/2026 2:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore Belmont Central
The ethnically diverse and well-kept Belmont Central is a sizeable yet understated neighborhood, speckled with affordable housing and an international array of restaurants to suit every taste and craving. With a passionate Chamber of Commerce always on the job to enhance Belmont Central homes and businesses, this northwest Chicago neighborhood is making a name for itself. Historic houses have been passed down from generation to generation while new model condos are emerging along the residential blocks in recent years. Convenient corner stores and groceries stock the daily essentials, but Belmont Central's shopping district is the place to go for fashion, furniture, footwear and giftables. The mix of family-run establishments and national chains is right on par with the strong community values that have shaped Belmont Central into a close-knit Chicago neighborhood.
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