2724 Melvina Avenue, Belmont Cragin, Chicago, Illinois 60639
$460,000
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Sold
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $8,580 |
| Days On Market: | 49 |
| Lot Size: | 0,00 |
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.
Property Specifics
| Multi-unit | |
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| No | |
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| Cook | |
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| 12591453 | |
| 13293030240000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 22 Apr, 2026 | Sold | $460,000 | MRED MLS |
| 19 Mar, 2026 | Under contract | $449,900 | MRED MLS |
| 13 Mar, 2026 | Listed for sale | $449,900 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2.5 | |
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| 40x125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $8,580 |
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Listing Provided By
Circle One Realty
