2835 N Melvina Avenue, Chicago IL 60634
$595,000

Request Private Showing

Property Description

Welcome to this beautiful, legal 2-unit building with a full finished basement in the heart of Belmont Cragin. This is the rare find that works every way you run the numbers: a turnkey owner-occupant opportunity where you can live in one unit while the second helps carry the mortgage, or a hands-free addition to a rental portfolio with every big-ticket item already done for you. Across three finished levels you'll find 5 bedrooms and 3 full bathrooms and room to spare at every turn. The spacious first level opens with a generous living room and gleaming hardwood floors, flowing into a uniquely designed kitchen that is truly the centerpiece of the home - custom-made cabinetry, brand-new appliances, and the kind of finish level you simply don't see in multi-unit buildings. The cozy second floor offers its own comfortable, private living space, and the full finished basement adds 2 more bedrooms and a full bath - perfect for extended family, guests, or even more rental flexibility. Classic architectural character throughout, paired with every modern amenity today's tenants and buyers demand. Buy with total confidence: the heavy lifting is finished. New roof, new siding, new gutters, and new mechanicals - the expensive, unglamorous essentials are already handled, so you can focus on collecting rent or simply enjoying the home. The location does the rest of the selling. Belmont Cragin puts you minutes from expressway access for an easy downtown commute and close to the Blue Line for car-free trips into the city - a combination that keeps quality tenants in place and vacancies short. Opportunities like this - legal 2-unit, fully renovated systems-to-finishes, three levels of finished living space - do not sit. Schedule your showing today before someone else runs the numbers and beats you to it.

Features & Information

Key Details

  • List Price $595,000
  • Property Taxes $6,333
  • Year Built 1923
  • Status New
  • List Market Time 4

Units

  • Unit 1

  • Floor 1
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Washer, Dishwasher, Cathedral Ceilings, Hardwood Floors, Walk-In Closet, Cooktop
  • Rent $0/mo
  • Tenant Pays Other
  • Lease Expires 0
  • Unit 2

  • Floor 2
  • Rooms 5
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Walk-In Closet, Cooktop
  • Rent $0/mo
  • Tenant Pays Other
  • Lease Expires 0

Exterior Features

  • Parking

  • # of Cars:  3

Building Information

  • Number of Units 2
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Jefferson
  • Corporate Limits Chicago
  • Directions to Property From Diversey North To Melvina, Middle Of The Block.
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 6333
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 13291250090000

Listed by Danielle Dowell for Berkshire Hathaway HomeServices Chicago | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/10/2026 11:02 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.

Mortgage Calculator

  • List Price${ formatCurrency(listPrice) }
  • Taxes${ formatCurrency(propertyTaxes) }
  • Assessments${ formatCurrency(assessments) }
  • List Price
  • Taxes
  • Assessments
${ formatCurrency(price) }
${ selectedInterestRate }%
${ downPaymentPercent }%

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

  • Principal & Interest${ formatCurrency(monthlyPrincipal) }
  • Taxes${ formatCurrency(monthlyTaxes) }
  • Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.

Nearby Properties

Share this Listing

Share this Listing