Accepting Backups
2724 Melvina Avenue
Chicago, IL 60639
$449,900
8beds
4baths
—sqft
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About this home
Spacious and versatile multi-unit property located on extra wide city lot in the desirable Belmont Cragin neighborhood, offering an excellent opportunity for owner-occupants or investors. The first units feature 2 bedrooms / 1 full bath and 1 bedroom / 1 full bath, with ample living areas and functional layouts. The second floor unit offers 3 bedrooms and 1 full bath, providing generous living space and flexibility. The third floor offers 2 bedrooms and 1 full bath with bright and spacious open floor plan. Detached 2.5 car garage with space for potential parking next to garage. This property presents a unique opportunity to live in one unit while generating rental income from the others, or to operate as a long-term investment in a strong rental area (current rents are under market and need adjustment). Conveniently located near public transportation / walk to Metra and buses, Target store, Starbucks, parks, schools, grocery store, shopping, and neighborhood amenities. Shows well and offers excellent long-term potential in a central Chicago location. Two tenants have occupied long term (28+ years). Seller prefers to sell in "as is" condition.
MLS Description — as provided by the listing brokerage.
The facts
Property typeResidential Income
Garage spaces2.5
Lot size—
Architectural styleAmerican 4-Sq.
Annual tax$8,579.87
CountyCook
MLS #MRD12591453
Days on market8
Features
Heating
Natural GasRadiator(s)
Parking
Garage Door OpenerYesGarage OwnedDetachedGarage
Construction
Aluminum SidingBrickFrame
Lot features
Dimensions to Center of Road
Sewer
Other
Listed by
Circle One Realty
Ryan Cherney · 630-862-5181
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 3/21/2026, 12:47:01 AM. All data should be independently verified.
This home is under contract but the seller is accepting backup offers. Contact a dwello agent to submit.
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