Property profile

1225 Melrose St Chicago, IL 60657

OFF-MARKET
Residential income homes
Property ID
US28-1344337
5,093 SF 0.07 ac lot Built 1996
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,093 SF
Lot 0.07 ac (3,198 SF)
APN 14-20-331-037
UPID US28-1344337

Cap rate & NOI

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

Location

1225 Melrose St Chicago, IL 60657-8072
Chicago metro Census 62300 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.31M
Comparable Approach Comparable
$764k
Blend (final) Blend
$1.03M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2003
Price N/A
2001
Price N/A
1969
Price N/A
1969
Price N/A
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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