$1,987,425*
●
Land -
Off Market
1240 W Melrose Street
Chicago, IL 60657
Studio
0 Bath
$1,800,000 - $2,198,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
About This Property
Extremely rare opportunity for an end user or developer looking for
an amazing 50x127 lot to build in the perfect Southport Corridor
location. Design & build your dream home just steps to Margaret
Donahue park as well as Lakeview's best shops and restaurants. An
additional adjacent parcel of 5,050 square feet is available to
purchase as well, totalling 11,400 square feet with R4 zoning to
build your city estate. Restricted to single family home builds
only. Located in Burley school district. Parcels this large in
prime locations are hard to come by. Burley elementary.
Unit Size
-
Days on Market
-
Land Size
0.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$50
HOA Dues
-
Year Built
2000
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
| Jan 24, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed | $950,000 | |
| Listed | |||
|
|||
|
Amazing opportunity in the heart of the Southport Corridor and
Burley School District. Situated on secluded one-way Melrose Street
and just steps from Southport, Margaret Donahue Park,
transportation and everything in Lakeview, this 25 X 127 lot zoned
R4 is perfect for a custom or spec single family home. Three lots
are available and this parcel can be combined with neighboring
lots. Property is restricted to a single family build.
|
|||
| Dec 23, 2023 | No longer available | - | |
| No longer available | |||
| Sep 28, 2023 | Price Decreased |
$950,000
↓ $49K
(4.9%)
|
|
| Price Decreased | |||
Show More
Property Highlights
1240 W Melrose Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
6
Beds
6
Baths
4,208 ft²
$475/ft²
$1,999,000
Nov 15, 2023
-
-
Active
House
5
Beds
3.5
Baths
4,500 ft²
$378/ft²
$1,700,000
Sep 18, 2023
-
$2,621/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/14/2023
|
|
Loft
|
-
|
-
|
$999,000
Loft
-
|
-
-
|
-
|
R. Matt Leutheuser
Jameson Sotheby's Intl Realty
|
|
01/03/2023
|
|
Loft
|
-
|
-
|
$1,999,900
Loft
-
|
-
-
|
-
|
R. Matt Leutheuser
Jameson Sotheby's Intl Realty
|
Building Info
1240 West Melrose Street
1240 West Melrose Street, Chicago, IL 60657
- 1 Unit for Sale
