Corcoran Urban Real Estate
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47 Properties Within 0.5 miles of: 741 W Melrose, Chicago

741 W Melrose
Chicago, IL 60657

  • 5 Beds
  • Built In 1883
Price

$1,250,000

Est Payment
$8,262 / month (details)  
Taxes
$19,629  
Beds
5  
Rooms
15  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
25X147  
Built
1883  
Neighborhoods
Lakeview, Lakeview East  
MLS
#12281374
Status
Sold (4/30/2025)

Property Description

Attention investors, rehabbers, builders! Extra-deep RM4.5 zoned lot located in the heart of east Lakeview, 741 West Melrose Street is a unique opportunity to own a piece of neighborhood history. This two-unit wood-frame home sits on an extra-deep 25x145 lot, on a quiet tree-lined street, offering plenty of backyard space and endless possibilities. Owner currently has a wonderful garden set up in the yard. Whether you're looking to build a spacious new single-family home, erect a new multi-unit property, or thoughtfully restore the charming existing home, this property gives you the flexibility to bring your vision to life. Wonderful location close to shopping, dining, and all the lakefront offerings including parks, trails, golf course and more. First floor 2 bed unit is leased, owner occupied duplex up, partially finished basement.

Property Map

Property Details

Utilities

  • Heating Steam, Radiant
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Garage Door Opener, On Site, Garage Owned, Attached, Garage, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-05-2025 Listed at $1,250,000
04-30-2025 Sold at $1,250,000
Last Modified 5/5/25 9:15 PM

Nearby Transportation

  • Bus 77 < 0.1 mi
  • Bus 151 < 0.1 mi
  • Bus 156 < 0.1 mi
  • Bus 8 0.1 mi
  • Bus 22 0.1 mi
  • Bus 36 0.2 mi
  • Bus 135 0.4 mi
  • Bus 146 0.4 mi
  • Bus 152 0.4 mi
  • Bus 143 0.5 mi
  • Bus 134 0.5 mi
  • Bus 76 0.6 mi
  • Bus 80 0.8 mi
  • Bus 148 0.9 mi
  • Bus X9 1.0 mi
  • Brown Line 0.3 mi
  • Purple Line 0.3 mi
  • Red Line 0.3 mi
  • ZipCar < 0.1 mi
  • I 90 West 1.9 mi
  • I 94 West 1.9 mi
  • I 90 East 2.0 mi
  • I 94 East 2.0 mi
  • I 290 East 4.5 mi
  • I 290 West 4.5 mi
grid
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