4133 W Melrose Street
Chicago, IL, 60641
$569,000
6 Beds
4 Baths
0 SqFt
0 Acres
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$569,000
4133 W Melrose Street
Chicago, IL, 60641
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Multiple Offers received. H&B today 5/19 at 5PM! 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.

Property Details

Price:
$569,000
MLS #:
MRD12649048
Status:
Active Under Contract
Beds:
6
Baths:
4
Type:
Multi Family
Neighborhood:
chiirvingpark
Listed Date:
May 14, 2026
Year Built:
1924
Chi – Irving ParkChiirvingpark

Schools

School District:
299

Interior

Heating
Natural Gas

Exterior

Construction Materials
Brick
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2

Financial

Tax Year
2022
Taxes
$7,802
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of May 20, 2026
1,371
Multi Family Listed
80
Avg DOM
$519,005
Avg List Price

Community

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Property Summary

    4133 W Melrose Street Chicago IL is a Multi Family for sale in Chicago, IL, 60641. It is listed for $569,000 To schedule a showing of MLS#mrd12649048 at 4133 W Melrose Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4133 W Melrose Street
Chicago, IL