Property profile

1211 Melrose St Chicago, IL 60657

OFF-MARKET
Residential income homes
Property ID
US28-0724384
2,548 SF 0.03 ac lot Built 1896
Trust Owned Absentee Owner
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1896
Construction FRAME
Total area 2,548 SF
Lot 0.03 ac (1,470 SF)
APN 14-20-331-042
UPID US28-0724384

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency

Location

1211 Melrose St Chicago, IL 60657-3217
Chicago metro Census 62300 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
$655k
Comparable Approach Comparable
$343k
Blend (final) Blend
$530k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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