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2835 North Melvina AvenueChicago, IL 60634Price: $595,000

  • Price: $595,000
  • Est. Mortgage of $/month
  • 0 Day on Market
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Federal 30-year interest rate: 7.18% last updated on Nov 5, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $595,000List Price
  • 5Bedrooms
  • 3Bathrooms
  • 1923Year Built

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Welcome to this beautiful, legal 2-unit building with a full finished basement in the heart of Belmont Cragin. This is the rare find that works every way you run the numbers: a turnkey owner-occupant opportunity where you can live in one unit while the second helps carry the mortgage, or a hands-free addition to a rental portfolio with every big-ticket item already done for you. Across three finished levels you'll find 5 bedrooms and 3 full bathrooms and room to spare at every turn. The spacious first level opens with a generous living room and gleaming hardwood floors, flowing into a uniquely designed kitchen that is truly the centerpiece of the home - custom-made cabinetry, brand-new appliances, and the kind of finish level you simply don't see in multi-unit buildings. The cozy second floor offers its own comfortable, private living space, and the full finished basement adds 2 more bedrooms and a full bath - perfect for extended family, guests, or even more rental flexibility. Classic architectural character throughout, paired with every modern amenity today's tenants and buyers demand. Buy with total confidence: the heavy lifting is finished. New roof, new siding, new gutters, and new mechanicals - the expensive, unglamorous essentials are already handled, so you can focus on collecting rent or simply enjoying the home. The location does the rest of the selling. Belmont Cragin puts you minutes from expressway access for an easy downtown commute and close to the Blue Line for car-free trips into the city - a combination that keeps quality tenants in place and vacancies short. Opportunities like this - legal 2-unit, fully renovated systems-to-finishes, three levels of finished living space - do not sit. Schedule your showing today before someone else runs the numbers and beats you to it.

Property Details of 2835 North Melvina Avenue

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Listed by Danielle Dowell of Berkshire Hathaway HomeServices Chicago

Based on information submitted to MRED  as of November 9, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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