4135 W Melrose Street Chicago, IL $ 560,000
4135 W Melrose Street
$ 560,000
Recently Listed
Open House 7/12 12pm - 2pm
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4135 W Melrose Street

Chicago, IL, 60641
$ 560,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 3,536

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Multi-Family Home for sale in Chicago, IL

for $560,000 with 4 bedrooms and 3 full baths. This home was built in 1920 on a lot size of 0.09.

Welcome to 4135 W Melrose St, a charming full red brick multi-family property on a wider lot that effortlessly blends timeless character with modern convenience. Perfect for homeowners or investors with great natural lighting, finished garden unit. Building was completely rehabbed in 2014 including NEW: windows, roof, kitchens, baths, some plumbing and electrical, complete basement rehab, Each 2-bed unit has separate formal dining room and spacious rooms designed to provide ample living and entertaining space. As you step inside, you'll immediately notice the warmth of the gleaming hardwood floors. The inviting living area features a decorative fireplace, perfect for creating a cozy atmosphere. The formal dining room offers a wonderful space for gatherings, while the kitchen is a chef's dream, complete with stainless steel appliances, a gas stove, gas oven, dishwasher, refrigerator, and beautiful granite countertops on the first floor. The property includes a full basement with a 3 bedroom and full bath additional space to suit your needs also qualifies for ADU certification to generate additional income. The building's laundry room equipped with a washer and dryer is conveniently located in the back of the first floor unit by back indoor stairs. Outdoor living is just as appealing, with access to a common garden and outdoor space - ideal for relaxing or hosting in warmer months. Practical features include forced air with gas heat to keep you comfortable year-round, and the property also offers the convenience of outdoor back parking or to build a new 2 car garage. Melrose is one way street and parking is permits only 24/7 .This home combines functionality with charm, making it an excellent opportunity for those seeking a versatile property. Don't miss your chance to own this beautifully maintained multi-family gem in the heart of Avondale . Walking distance to school, public transportation at Belmont, Pulaski and/or Milwaukee and many area amenities including shopping. Close to expressway and rail transportation. You won't be disappointed. MUST SEE!! Schedule your showing today and explore all the possibilities this exceptional property has to offer! Owner would like to convey the building AS IS

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Open House

7/12/2026 12:00 PM - 2:00 PM
4135 W Melrose Street Chicago, IL
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 560,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,893

Style

Lot Size

0.09

Year Built

1920

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12696662

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Rubber
Zoning MULTI
Construction Materials Brick
Year Built 1920
Township Lake View
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status New
Directions Belmont to Keeler N to Melrose E to YOUR NEW HOME (4135)
City Chicago
High School District 299
MLS Area CHI - Irving Park
Tax Annual Amount 8893
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Finished Full
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley Yes Owned
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 32X124
Lot Size Acres 0.09
Waterfront Y/N N
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* Excluded Features
List By
Compass

Broker

susanna.delisi@compass.com;Scherubindelisi@yahoo.com

Email

Affordability Calculator

$4,277
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,536
Monthly Property Taxes
$741
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/8/2026$560,000 Listed Price

Map


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4135 W Melrose Street, Chicago, IL, 60641 is a Multi-Family Home for sale at $560,000 with a lot size of 0.09. 4135 W Melrose Street has 4 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 60641 which is in Chicago, IL