2724 N Melvina AvenueChicago, IL 60639




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.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Active Under Contract | |
| 4 weeks ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2026-04-07 02:01 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-04-07 02:01 AM UTC
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