721 West Melrose Street, Chicago, Illinois 60657

List Price
Two to Four Units
Lake View East
Days On Market

Property Description

Amazing opportunity in this 4-flat with 3 parking spaces on one of the most desirable Lake View Streets. Develop as land or maintain the current structure for a true investment. This building features four separate units, three with private decks overlooking the landscaped yard. Unit 1 features hardwood floors, 3 bedrooms, 1 full bath with Kohler steeping tub, separate walk-in shower, and dual vanities. An office, separate living and dining room, decorative fireplace, and private deck complete this unit. Unit 2 features hardwood floors, 3 bedrooms, 2 full bathrooms, one with soaking tub, two walk-in-closets, separate living and dining room and a private deck. Unit 3 features hardwood floors, 4 bedrooms and two full bathrooms, one with soaking tub, combined living/dining room, and private deck. The lower level, which seller has used for consistent Airbnb income, features 2 bedrooms, separate living and dining room, steam shower, ventless gas fireplace, and sunroom. 2018 rents: $104,768.00. Amazing Lakeview location with close proximity to CTA Red/Purple/Brown lines, multiple bus routes, Lake Shore Drive, and all of the amazing restaurants, bars, and stores Lake View East has to offer.

Additional Information

School District
Elementary School
Nettelhorst Elementary School
Middle School
Nettelhorst Elementary School
High School
Lake View High School
Corporate Limits
Tax Year
Tax Amount
Additional Sales Information
Year Built
Exterior Building Type
Vinyl Siding, Brick, Stone
Exterior Property Features
Lot Dimensions
25 X 147 X 25 X 147
Lot Size Range
Less Than .25 Acre
Number Of Cars
Parking Spaces
Parking Ownership
Parking On Site
Parking Details
Assigned Spaces, Off Alley, Off Street
Gas, Forced Air, Baseboard, 2+ Sep Heating Systems, Indv Controls, Zoned
Basement Description

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

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