5438 W Melrose Street Chicago, IL $ 698,000
5438 W Melrose Street
$ 698,000
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5438 W Melrose Street

Chicago, IL, 60641
$ 698,000
Bedrooms8 Baths3.0 Sq 2,500

Monthly Estimate*

$ 4,298

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Single Family Home for sale in Chicago, IL

for $698,000 with 8 bedrooms and 3 full baths. This 2,500 square foot home was built in 1924.

Incredible opportunity to own a spacious bungalow in the heart of the highly desirable Portage Park neighborhood! This oversized home features 3 levels of living space and offers exceptional flexibility for extended families, related living, or investment potential. The property includes 8 total bedrooms, 3 full bathrooms, and 3 kitchens, with each level offering its own separate living area. The main floor kitchen features granite countertops, stainless steel appliances, and 42" tall cabinets, offering both style and functionality. A main floor office is currently being used as an additional bedroom, providing even more flexible living arrangements. The basement primary bedroom features two walk-in closets, and the home offers an abundance of storage space throughout. The second floor has separate electrical service, and the property is equipped with 2 separate high-efficiency HVAC systems for added comfort and efficiency. Major updates include a newer roof (approximately 4 years old), vinyl windows throughout, updated mechanicals, and a newer electrical panel. Enjoy two cozy decks perfect for relaxing or entertaining. The oversized garage with 10-foot garage doors can accommodate large vans, including the largest Sprinter models, making it ideal for contractors, business owners, RV storage, or additional workspace needs. The home also offers two separate laundry areas for added convenience. Fantastic location close to parks, schools, shopping, restaurants, and public transportation. A rare opportunity with endless possibilities. Schedule your showing today and bring your offer!

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Single Family Active

Price

$ 698,000

Bedrooms

8

Full Bath

3

Property Type

Single Family

Taxes

$ 4,194

Style

Prairie

Year Built

1924

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12653520

Features
General
Living Area 2500
Sewer Public Sewer
Heating Natural Gas Forced Air
Cooling Central Air
Possession Closing
Appliances Range Microwave Dishwasher Refrigerator Washer Dryer Humidifier
Garage Spaces 2
Association Fee Includes None
Architectural Style Prairie
Construction Materials Brick
Year Built 1924
Electric Circuit Breakers 100 Amp Service
Township Jefferson
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Total Rooms 13
Full Baths 3
Status New
Directions BELMONT TO LINDER NORTH TO MELROSE
City Chicago
High School District 299
MLS Area CHI - Portage Park
Tax Annual Amount 4194.42
Additional Parcels Y/N N
Virtual Tour https://vimeo.com/1194045532?fl=pl&fe=sh
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Interior Amenities 1st Floor Bedroom In-Law Floorplan Separate Dining Room
Basement Finished Full
Flooring Hardwood
Total Fireplaces 1
Half Baths 0
Laundry Features Main Level Upper Level Multiple Locations
Total Bedrooms 5
Room Type Office Bedroom 5 Bedroom 6 Bedroom 7 Bedroom 8 Foyer Kitchen
Total Baths 3
Bedrooms Possible 8
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Exterior
Model BUNGALOW
Parking Features Garage Door Opener Garage Yes Garage Owned Detached
Water Source Lake Michigan
Total Parking 2
Lot Dimensions 4125
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Water Heater-Gas
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* Excluded Features
List By
Savvy Properties Inc

Broker

djaracz82@gmail.com;DAVID@SVCHICAGO.COM

Email

Affordability Calculator

$4,647
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,298
Monthly Property Taxes
$350
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
5/21/2026$698,000 Listed Price

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5438 W Melrose Street, Chicago, IL, 60641 is a Single Family Home for sale at $698,000 with 2,500 sqft. 5438 W Melrose Street has 8 bedrooms, 3.0 baths, and was built in 1924. The property's zip code is 60641 which is in Chicago, IL