2245 W Melrose Street, Chicago, IL 60618
Legal two-flat home with a leased upper unit and finished third-floor in-law/flex rooms plus a two-car garage.
Property Features for 2245 W Melrose Street
General Information
Building Details
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Investment Insights
Based on property information with market context.
In addition to the two-flat configuration, the property includes a finished third-floor non-conforming in-law/flex space with three rooms and separate front and rear access. This space includes a refrigerator only (no other kitchen appliances). The home also offers a rear deck, a large private backyard, and a two-car detached garage.
From an occupancy and flexibility standpoint, the setup supports an owner-occupant scenario where the second-floor unit remains leased, while the finished third-floor rooms can function as extended living or workspace. It may also appeal to buyers evaluating options for future reconfiguration, with buyers encouraged to conduct their own due diligence regarding permitted uses.
Key Highlights
- Legal two‑flat in Roscoe Village built in 1895, plus finished third‑floor non‑conforming in‑law/flex space
- Owner duplex‑down features 4 bedrooms and 3 bathrooms with open‑concept kitchen and family room, plus formal dining and fireplace
- Second‑floor unit has 2 bedrooms and 1 bathroom, includes a bonus room, and is currently leased for immediate rental income
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 60618, IL
Market
Vacancy Rate% for Multifamily in Midwest region