NOT LISTED FOR SALE

2303 N Melvina Ave Chicago, IL 60639

Belmont Central Neighborhood
6 Beds
3 Baths
-- Sq Ft
3,920 Sq Ft Lot

Last Sold March 21, 2024

Last sale price $600,000

11 Days on Market

Highlights

  • Balcony
  • Porch
  • Forced Air Heating System
  • 3 Car Detached Garage
  • Home Security System
  • 5-minute walk to Riis (Jacob) Park

About This Home

As of March 2024

***MULTIPLE OFFERS - HIGHEST & BEST DUE THURSDAY, 2/22 AT 7PM***Welcome to this upgraded LEGAL yellow brick 3-flat located in the best part of Belmont Cragin. Sitting on a jumbo 4,088 SQFT lot, this distinguished property, fully leased and bursting with character, seamlessly blends historic charm with modern amenities. Each of the three apartments offers self-contained heating/cooling, separate utilities, and individual laundry facilities, ensuring comfort and convenience for all residents. A standout feature of this property is the extensive & permitted 2020 basement renovations. It boasts a sleek kitchen with stainless-steel appliances, luxury vinyl floors, and quartz countertops. All new sewer line connecting to an existing check valve/backflow preventer, new support post; new electric, new plumbing, new drywall, new LVT flooring and new windows. The basement also features a drain tile system with two sump pumps, including a water sensor alarm and backup battery. The first and second floors offer hardwood flooring, with the second level further enhanced by an open-plan kitchen featuring granite surfaces, breakfast bar, stainless-steel appliances, and an inviting private balcony. Additionally, unit 2 benefits from an enclosed rear porch providing plenty of extra storage space. Enhancing the property's appeal is the two-car brick garage and an additional parking pad, all within a secure wood and rod iron fence. Outdoor wired cameras provide added security & peace of mind. The property boasts a tuckpointed exterior (2020), newer siding (2020) and updated vinyl windows. Additional highlights include three separate furnaces, AC units, water heaters, and utility meters, providing autonomy for each tenant. Each unit has separate washers and dryers tied into tenants' individual gas and electric accounts. Location highlights offer close proximity to Riis Park and Brickyard shopping, minutes to Oak Park and Elmwood Park shops and restaurants, and easy access to Metra and the 290 expressway. A variety of grocery options, including Aldi, Jewel, and Fresh Market, are just a few minutes away, adding to the convenience of this prime location. Don't miss out on this incredible investment opportunity!!

Last Agent to Sell the Property

Jennifer Rivera

xr realty License #475178620 Listed on: 02/15/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,360

Year Built

  • Built in 1924 | Remodeled in 2020

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 33x124
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $4,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,360

Year Built

Built in 1924 | Remodeled in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Other Equipment: Security System, Sump Pump, Backup Sump Pump;
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Balcony, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 530000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 33X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • GrossIncome: 4210
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4360
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $600,000 +13.2% --
02/27/2024 02/27/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $530,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Rivera

    Seller's Agent in 2024

    Jennifer Rivera

    xr realty

    (312) 919-6389

    2 in this area

    160 Total Sales

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11970638

Midwest Real Estate Data (MRED)

Illinois Cook County Chicago 60639 Belmont Central

2303 N Melvina Ave, Chicago, IL

This home is located at 2303 N Melvina Ave, Chicago, IL 60639 since 15 February 2024. This property was built in 1924. 2303 N Melvina Ave is a home located in Cook County with nearby schools including Burbank Elementary School, Steinmetz College Prep, and CICS West Belden.

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