5445 W Melrose Street Chicago, IL $ 529,900
5445 W Melrose Street
$ 529,900
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5445 W Melrose Street

Chicago, IL, 60641
$ 529,900
Bedrooms4 Baths3.0

Monthly Estimate*

$ 3,346

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Multi-Family Home for sale in Chicago, IL

for $529,900 with 4 bedrooms and 3 full baths. This home was built in 1926.

Well-maintained brick two-flat featuring two spacious 2-bedroom, 1-bath units with hardwood floors, crown molding, ceiling fans, updated kitchen cabinets, stainless steel appliances, and a newer boiler (2023). The finished basement offers two additional bedrooms, a full bathroom, a summer kitchen, and separate exterior entrances, providing excellent flexibility for extended family or additional living space. Each unit includes an enclosed back foyer, providing additional living or storage space. Perfect for an investor seeking strong rental potential or an owner-occupant looking to live in one unit while generating income from the other. The owner occupies the first-floor unit, while the second-floor unit is rented to a month-to-month tenant who would like to stay. Situated on an oversized 30' x 125' lot and conveniently located near shopping, restaurants, parks, schools, CTA, Metra, I-90/94, O'Hare, and Downtown Chicago. A solid investment with flexibility and long-term value. Some interior photos were taken prior to the current tenant's occupancy.

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Multi-Family Contingent

Price

$ 529,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,900

Style

Year Built

1926

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12689814

Features
General
Sewer Public Sewer
Heating Radiator(s)
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1926
Township Jefferson
Tax Year 2023
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 10
Status Contingent
Directions Belmont to Central North To Melrose
City Chicago
High School District 299
MLS Area CHI - Portage Park
Tax Annual Amount 6900
Standard Status Active Under Contract
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 Yes Owned
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 125X30
Waterfront Y/N N
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* Excluded Features
List By
Homesmart Connect

Broker

david4homesmart@gmail.com

Email

Affordability Calculator

$3,921
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,346
Monthly Property Taxes
$575
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
7/17/2026$529,900 Listed Price

Map


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5445 W Melrose Street, Chicago, IL, 60641 is a Multi-Family Home for sale at $529,900. 5445 W Melrose Street has 4 bedrooms, 3.0 baths, and was built in 1926. The property's zip code is 60641 which is in Chicago, IL