2205 N Melvina Avenue Chicago, IL $ 659,000
2205 N Melvina Avenue
$ 659,000
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2205 N Melvina Avenue

Chicago, IL, 60639
$ 659,000
Bedrooms10 Baths6.0

Monthly Estimate*

$ 4,058

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Multi-Family Home for sale in Chicago, IL

for $659,000 with 10 bedrooms and 6 full baths. This home was built in 1925.

Fantastic investment opportunity! Well-maintained multi-unit property featuring a 3-unit building plus a coach house with an additional apartment. The main building offers two 2-bedroom units, one with 1 bath and the other with 2 baths and a rear porch area, plus a spacious 3-bedroom, 1-bath unit. The coach house features 3 bedrooms and 1 bath. Each unit offers a living room and dining room, providing comfortable layouts for tenants. Property is fully leased with long-time tenants on month-to-month leases. Current rents are below market, offering excellent potential for increased cash flow. Finished basement adds additional usable space. A great opportunity for investors looking to expand their portfolio!

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Multi-Family Active

Price

$ 659,000

Bedrooms

10

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,818

Style

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12678824

Features
General
Sewer Public Sewer
Heating Forced Air
Possession Negotiable
Construction Materials Vinyl Siding Brick
Year Built 1925
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 22
Status New
Directions West on Fullerton South to Melvina
City Chicago
High School District 299
MLS Area CHI - Belmont Cragin
Tax Annual Amount 7818
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Partially Finished Full
Total Bedrooms 10
Total Baths 6
Bedrooms Possible 10
Full Baths Building 6
Half Baths Building 0
Total Number of Units 4
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Exterior
Water Source Lake Michigan Public
Total Parking 0
Lot Dimensions 30x125
Waterfront Y/N N
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* Excluded Features
List By
Better Homes & Gardens Real Estate

Broker

mariamillerhomes@yahoo.com;mariamillerproperties@gmail.com

Email

Affordability Calculator

$4,709
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,058
Monthly Property Taxes
$652
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$659,000 Listed Price

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2205 N Melvina Avenue, Chicago, IL, 60639 is a Multi-Family Home for sale at $659,000. 2205 N Melvina Avenue has 10 bedrooms, 6.0 baths, and was built in 1925. The property's zip code is 60639 which is in Chicago, IL