Multifamily Property with Detached
For Sale
$460,000
2724 N Melvina Avenue, Chicago, IL 60639
Multi-unit building with varied bedroom layouts, a detached garage, and access to transit and neighborhood services.
Property SizeContact for details
Days on Market13
Property Features for 2724 N Melvina Avenue
General Information
Standard status
Active
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
4
Additional Details
Public Transit
Yes
Amenities
Natural Gas
Radiator(s)
Asphalt
Listing Agency:
Circle One Realty
Listed By:
Ryan Cherney · License #471019427
(630) 862-5181
Source:
Kw
Added: Sep 10
Changed: Sep 21
Last Checked: Sep 21 at 12:46PM
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 Circle One Realty
Investment Insights
Based on property information with market context.
This multifamily property includes four residential units with a varied configuration: two units offer 2 bedrooms and 1 full bath, one has 1 bedroom and 1 full bath, and the remaining units provide 3 bedrooms and 1 full bath and 2 bedrooms and 1 full bath. Living areas are described as spacious, with functional layouts and an open-plan arrangement on the third floor. Natural gas, radiator heating, asphalt exterior surfaces, and a detached 2.5-car garage are included.
The property occupies an extra-wide city lot at 2724 N Melvina Avenue in Chicago’s Belmont Cragin neighborhood. Public transportation, Metra and bus service, Target, Starbucks, parks, schools, grocery shopping, and other neighborhood amenities are nearby. Two tenants have remained in place for more than 28 years. The seller prefers an as-is sale.
The property occupies an extra-wide city lot at 2724 N Melvina Avenue in Chicago’s Belmont Cragin neighborhood. Public transportation, Metra and bus service, Target, Starbucks, parks, schools, grocery shopping, and other neighborhood amenities are nearby. Two tenants have remained in place for more than 28 years. The seller prefers an as-is sale.
Key Highlights
- Four residential units with 1-, 2-, and 3‑bedroom layouts
- Detached 2.5 car garage with additional parking space next to the garage
- Extra‑wide city lot at 2724 N Melvina Avenue, Chicago, IL 60639
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
899
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Multifamily property - Multi-unit building with varied bedroom layouts, a detached garage, and access to transit and neighborhood services.
Where is this multifamily property located?
The property is located at 2724 N Melvina Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: Four residential units with 1-, 2-, and 3‑bedroom layouts; Detached 2.5 car garage with additional parking space next to the garage; Extra‑wide city lot at 2724 N Melvina Avenue, Chicago, IL 60639
