Schedule Tour
$550,000

1630 Melrose St

Chicago, IL
Contingent
4
Bedrooms
1908
Year Built
146
Days On Market

Rare redevelopment or investment opportunity in the heart of Lakeview. Solid brick 2-flat featuring two 2-bedroom, 1-bath apartments with long-term tenants currently on month-to-month leases. Rents are below market, offering immediate upside potential for investors or future redevelopment. Property is zoned B1-3 and is being offered exclusively as part of a package sale with the adjacent property at 3248 N. Lincoln Ave. Prime location near transportation, shopping, dining, and neighborhood amenities. Excellent opportunity to assemble a larger development site in a highly desirable Lakeview location. Sold as-is. Unfinished basement.

Take the 3D virtual tour →

Listing Information

Listing Updated
5 hours ago
Listed By
Robert Munds · Jameson Sotheby's Intl Realty, 3127510300
MLS#
12667107
Source
Midwest Real Estate Data (MRED)
Status
Contingent

Facts & Features

Location

Community Information

Address
1630 W Melrose St, Chicago, IL 60657
City
Chicago
County
Cook
Zip Code
60657

Architecture

Bedrooms
4
Year Built
1908
Construction Materials
Brick
Garage Spaces
0

Features & Amenities

Heating
Forced Air

Property Features

Lot Features
Irregular Lot
Sewer
Public Sewer

Tax & Financial Information

List Price
$550,000
Annual Taxes
$11,731

Schools

71/100
Burley Elementary School
Elementary · Grades KG–08 · 0.2 mi
Assigned school for this home
City
Chicago
Students
499
Parent reviews
4.3★ avg · 8 reviews
Student body
65% White · 16% Hispanic / Latino · 12% Asian
Free/reduced lunch
11%
Phone
(773) 534-5475
66/100
Lake View High School
High · Grades 09–12 · 1 mi
Assigned school for this home
City
Chicago
Students
1,417
Parent reviews
4.0★ avg · 2 reviews
Student body
71% Hispanic / Latino · 14% Black · 10% White
Free/reduced lunch
77%
Phone
(773) 534-5440
78/100
Blaine Elementary School
Elementary · Grades PK–08 · 0.7 mi
City
Chicago
Students
639
Parent reviews
5.0★ avg · 8 reviews
Student body
66% White · 17% Hispanic / Latino · 10% Two or More Races
Free/reduced lunch
10%
Phone
(773) 534-5750
78/100
Harriet Tubman Elementary School
Elementary · Grades PK–08 · 0.9 mi
City
Chicago
Students
503
Parent reviews
5.0★ avg · 4 reviews
Student body
37% White · 29% Hispanic / Latino · 25% Black
Free/reduced lunch
41%
Phone
(773) 534-5725
77/100
Hawthorne Elementary Scholastic Academy
Elementary · Grades KG–08 · 0.6 mi
City
Chicago
Students
566
Parent reviews
5.0★ avg · 6 reviews
Student body
52% White · 22% Hispanic / Latino · 11% Asian
Phone
(773) 534-5550
77/100
Prescott Elementary School
Elementary · Grades KG–08 · 0.8 mi
City
Chicago
Students
424
Parent reviews
5.0★ avg · 2 reviews
Student body
43% White · 33% Hispanic / Latino · 11% Black
Free/reduced lunch
28%
Phone
(773) 534-5505
76/100
Audubon Elementary School
Elementary · Grades PK–08 · 0.7 mi
City
Chicago
Students
610
Parent reviews
5.0★ avg · 2 reviews
Student body
67% White · 17% Hispanic / Latino · 9% Two or More Races
Free/reduced lunch
12%
Phone
(773) 534-5470
75/100
Bell Elementary School
Elementary · Grades KG–08 · 1 mi
City
Chicago
Students
886
Parent reviews
5.0★ avg · 2 reviews
Student body
55% White · 18% Hispanic / Latino · 13% Asian
Free/reduced lunch
14%
Phone
(773) 534-5150

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
06/10/2026Listed for sale$550,000

Listed by Robert Munds · Jameson Sotheby's Intl Realty · 3127510300

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 2, 2026 at 8:05 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12667107

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Shawn Strach is here to help. Reach out and expect a response within one business day.

How can I help?

Shawn Strach is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Matt Brua is here to help. Reach out and expect a response within one business day.

Mortgage pre-approval

Your Next Chapter Starts With Just A Few Steps

Before you fall in love with a home, know what you can afford. Fill out a quick pre-approval so you're ready to make your move — on your timeline.

Matt Brua
Fairway Independent Mortgage Corporation
Matt Brua
LO NMLS: #326044

Pre-approval made easy

We're here to help you find the best option, not to help the best option find you. Trust that your information will not be shared with many different lenders like so many platforms do.