Keller Williams ONEChicago - DeJohn Allen
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Listing Courtesy Of: Real Broker LLC, Rafay Qamar
Listing Sold By: Jameson Sotheby's International Realty
Local Realty Services Provided By: KW ONEChicago
Overview
What It'll Cost
Neighborhood
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$1,090,909
3417 W Melrose Street, Chicago, IL 60618
7 Beds
7 Baths
$1,090,909

3417 W Melrose Street, Chicago, IL 60618

Estimation provided by Keller Williams Realty Inc.
7 Beds
7 Baths
Closed
Sold

Property Description

Prime Investment Opportunity! Discover a lucrative investment opportunity with this beautifully renovated 4-unit property, featuring a main building with three modern units and a charming coach house. Located in a desirable neighborhood, this property offers both substantial rental income potential and appealing living spaces for tenants. The main building has 2 units with 2 bedrooms and 1.5 bathrooms each. The penthouse unit in the main building has 1 bedroom/1 bathroom. The Charming Coach House has 2 bedrooms/ 1.5 bathrooms and office/den area. All units have a fully equipped kitchen and in-unit laundry. Prime Location! Situated in a sought-after area, this property benefits from strong rental demand and proximity to local amenities, public transportation, and key attractions. Its location enhances both tenant appeal and investment potential. This renovated 4-unit property with a coach house is a rare investment opportunity, combining modern amenities with strong rental income potential. Don't miss out on adding this prime asset to your real estate portfolio!

Property Details

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Overview
Property Type
Residential Income
Days on Site
53 Days
HVAC
Natural Gas
Parking
3 Parking Spaces
DeJohn Allen at Keller Williams ONEChicago
Keller Williams ONEChicago

Activity History

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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $1,090,909
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Price & Tax History

Date
Event
Price
01/20/2025
Listed
$1,100,000
(+752.71%)
03/07/2013
Sold
$129,000
(-32.11%)
02/11/2000
Sold
$190,000
(+20.25%)
07/03/1997
Sold
$158,000
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2022
$13,306
(+2.15%)
$67,856
Land 11,025 + Additions 56,831
2021
$13,026
(+101.25%)
$67,856
Land 11,025 + Additions 56,831
2020
$6,473
(-9.89%)
$32,036
Land 5,040 + Additions 26,996
2019
$7,183
(+2.1%)
$39,032
Land 5,040 + Additions 33,992
2018
$7,036
(-4.78%)
$39,032
Land 5,040 + Additions 33,992
2017
$7,389
(+4.8%)
$37,680
Land 4,410 + Additions 33,270
2016
$7,051
$37,680
Land 4,410 + Additions 33,270
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
DeJohn Allen at Keller Williams ONEChicago
Keller Williams ONEChicago

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