4133 W Melrose Street Chicago, IL $ 569,000
4133 W Melrose Street
$ 569,000
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4133 W Melrose Street

Chicago, IL, 60641
$ 569,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 3,503

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Multi-Family Home for sale in Chicago, IL

for $569,000 with 6 bedrooms and 4 full baths. This home was built in 1924.

Beautifully maintained brick multi-unit property on a quiet, tree-lined street in Avondale/Irving Park. This spacious and versatile building offers three well-designed living spaces, ideal for investors, owner-occupants, or multi-generational living. The top floor features a bright and expansive 3-bedroom, 2-bath unit with generous living and dining areas, abundant natural sunlight, and a functional layout. The main floor offers a comfortable 2-bedroom, 1-bath unit with large windows and spacious living areas. The lower level provides additional finished living space with separate exterior access, offering flexibility for extended family, guests, or additional income potential. All units feature independent central heat and A/C and separately metered electric/gas. Property improvements include newer roof, newer windows, brick tuck-pointing, newer furnaces, and central air systems. Enjoy a large backyard deck perfect for grilling and entertaining, plus a 2-car garage. Rents are currently below market value and month to month or expiring soon, presenting an excellent value-add opportunity. Conveniently located near shopping, restaurants, parks, schools, and public transportation. A fantastic investment opportunity in one of Chicago's most sought-after neighborhoods.

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Multi-Family Active

Price

$ 569,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,801

Style

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12649048

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Brick
Year Built 1924
Township West Chicago
Tax Year 2022
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions Belmont West To Keeler Keeler South to Melrose Melrose West to Building
City Chicago
High School District 299
MLS Area CHI - Irving Park
Tax Annual Amount 7801.63
Virtual Tour https://smartfloorplan.com/adminka/public/api/shell/v511549/info-&-map
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 6
Total Baths 4
Bedrooms Possible 6
Full Baths Building 4
Half Baths Building 0
Total Number of Units 3
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Exterior
Parking Features Yes Garage Owned Detached Garage
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 50X100
Waterfront Y/N N
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* Excluded Features
List By
Instavalue Realty Inc

Broker

sales@instavaluerealty.com

Email

Affordability Calculator

$4,154
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,503
Monthly Property Taxes
$650
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$569,000 Listed Price

Map


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4133 W Melrose Street, Chicago, IL, 60641 is a Multi-Family Home for sale at $569,000. 4133 W Melrose Street has 6 bedrooms, 4.0 baths, and was built in 1924. The property's zip code is 60641 which is in Chicago, IL