Renovated Two-Flat
For Sale
Contact for pricing
Pending
1651 N Melvina Avenue, Chicago, IL 60639
Brick two-flat with fully updated interiors, full basement, and an in-law setup for flexible income potential.
Property SizeContact for details
Days on Market66
Property Features for 1651 N Melvina Avenue
General Information
Standard status
Pending
Total Parking Spaces
2
Property subtype
Multifamily
Additional Details
Business Included
Yes
Fenced Yard
Yes
Multifamily Units
2
Building Details
Year Built
1930
Tenancy
Multi
Listing Agency:
Caporale Realty Group
Listed By:
Lisa Graziani Divito · License #IL
Source:
Crexi
Added: Jun 18
Changed: Aug 8
Last Checked: Jul 25 at 6:10AM
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 Caporale Realty Group
Investment Insights
Based on property information with market context.
This solid brick two-flat has been newly renovated throughout, with both units receiving full remodels. Updates include kitchens, baths, electrical, plumbing, hardwood floors, paint, windows, and concrete work. Each unit has an identical layout with a formal living room featuring built-in surrounds and a cozy fireplace, a dining room, two bedrooms plus a tandem third bedroom. The bright white kitchens include new cabinets, a tile backsplash, and new appliances. The property also offers a full basement plus an in-law area with both a front and rear entrance, along with separate laundry and utility space. Mechanical and electrical systems have been upgraded, including three boilers, two water heaters, three updated electric panels, and flood control features.
Located at 1651 N Melvina Avenue in Chicago, the building sits on a secure fenced yard. Exterior improvements include a new roof, concrete slab, and a two-car garage.
The configuration supports a turn-key owner-operator or investor purchase, with tenants paying electric and gas. The property is being sold as-is, and offers practical space options through the full basement and in-law component, in addition to the two self-contained units.
Located at 1651 N Melvina Avenue in Chicago, the building sits on a secure fenced yard. Exterior improvements include a new roof, concrete slab, and a two-car garage.
The configuration supports a turn-key owner-operator or investor purchase, with tenants paying electric and gas. The property is being sold as-is, and offers practical space options through the full basement and in-law component, in addition to the two self-contained units.
Key Highlights
- Solid brick 2‑flat built in 1930 with two fully remodeled units and identical floor plans
- Units feature updated kitchens and baths, new electrical and plumbing, hardwood floors, paint, windows, and concrete work
- Each unit layout includes a formal living room with built‑in surrounds and fireplace, dining room, 2 bedrooms plus tandem 3rd bedroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,129
Businesses Nearby
Explore this area
Business Placement
Demographics for 60639, IL
89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick two-flat with fully updated interiors, full basement, and an in-law setup for flexible income potential.
Where is this duplex located?
The property is located at 1651 N Melvina Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Solid brick 2‑flat built in 1930 with two fully remodeled units and identical floor plans; Units feature updated kitchens and baths, new electrical and plumbing, hardwood floors, paint, windows, and concrete work; Each unit layout includes a formal living room with built‑in surrounds and fireplace, dining room, 2 bedrooms plus tandem 3rd bedroom
