Turnkey 3-Unit Residential
1442 West Melrose Street Chicago, IL 60657
For Sale
$1,750,000
Pending
Well-maintained three-unit building with in-unit laundry, central air/heat, and exterior parking for six cars.
Days on Market59
Property Features for 1442 West Melrose Street
General Information
- Standard status
- Pending
- Property subtype
- Two to Four Units / 3 Flat
Building Details
- Year Built
- 1994
Listing Agency:
Metru Real Estate LLC
(773) 243-9730
Listed By:
Barbara Allen · License #471003777
(773) 243-9730
Source:
Compass
Added: May 27
Changed: Jul 21
Last Checked: Jul 24 at 1:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metru Real Estate LLC
Investment Insights
Based on property information with market context.
Well-maintained three-unit residential income property with a non-conforming garden unit. The building offers recently updated units, including central air/heat, newer kitchens and baths, dishwashers, and hardwood floors, along with outdoor decks. Cathedral ceilings are present on the third floor. Each unit has its own laundry.
Tenants are responsible for their own utilities, and the property includes exterior parking for up to six cars. The seller notes the first-floor unit may be duplexed down to the garden level to create an owner’s unit; however, neither the owner nor broker makes any representation regarding the legality of the garden unit.
This is presented as a turnkey investment, with the units configured as three separate residences and on-site outdoor space and parking to support day-to-day tenant use.
Tenants are responsible for their own utilities, and the property includes exterior parking for up to six cars. The seller notes the first-floor unit may be duplexed down to the garden level to create an owner’s unit; however, neither the owner nor broker makes any representation regarding the legality of the garden unit.
This is presented as a turnkey investment, with the units configured as three separate residences and on-site outdoor space and parking to support day-to-day tenant use.
Key Highlights
- Well‑maintained 3‑unit building built in 1994 with a non‑conforming garden unit
- Each unit has its own laundry and tenants pay their own utilities
- Units feature central air/heat, newer kitchens and baths, dishwashers, and hardwood floors
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Well-maintained three-unit building with in-unit laundry, central air/heat, and exterior parking for six cars.
Where is this triplex located?
The property is located at 1442 West Melrose Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Well‑maintained 3‑unit building built in 1994 with a non‑conforming garden unit; Each unit has its own laundry and tenants pay their own utilities; Units feature central air/heat, newer kitchens and baths, dishwashers, and hardwood floors