4937 W Melrose Street
Chicago, IL, 60641
$468,900
5 Beds
3 Baths
0 SqFt
0 Acres
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$468,900
4937 W Melrose Street
Chicago, IL, 60641
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Investor/Handyman Special – 5 Bed, 3 Bath in Chicago! Spacious 5-bedroom, 3-bathroom home in Chicago, offering plenty of room and strong potential for the right buyer. This home needs work and is being sold strictly as-is – a great opportunity for an investor or hands-on buyer looking to add value. With 5 bedrooms and 3 full baths, this is a rare find for large families, multi-generational living, or an investor targeting a strong rental or resale after updates. Located in Chicago’s Portage Park area, close to shops, dining, schools, and transportation. Cash or Conventional-financing buyers preferred. Schedule your showing today! Selling AS-IS!

Property Details

Price:
$468,900
MLS #:
MRD12782527
Status:
Active
Beds:
5
Baths:
3
Type:
Multi Family
Neighborhood:
chiportagepark
Listed Date:
Oct 17, 2026
Year Built:
1923
Chi – Portage ParkChiportageparkFalconer Elementary SchoolForeman High SchoolKelvyn Park High School

Schools

School District:
299
Elementary School:
Falconer Elementary School
Middle School:
Foreman High School
High School:
Kelvyn Park High School

Interior

Heating
Gas

Exterior

Construction Materials
Aluminum Siding, Vinyl Siding, Steel Siding
Garage Spaces
2
Parking Features
Yes, Garage Owned, Detached, Garage
Parking Spots
2
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$7,176
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Debra Dobbs is one of Chicago’s top realtors with more than 42 years in the real estate business.

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Current real estate data for Multi Family in Chicago as of Oct 24, 2026
1,384
Multi Family Listed
77
Avg DOM
$530,706
Avg List Price

Community

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Property Summary

    4937 W Melrose Street Chicago IL is a Multi Family for sale in Chicago, IL, 60641. It is listed for $468,900 To schedule a showing of MLS#mrd12782527 at 4937 W Melrose Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
4937 W Melrose Street
Chicago, IL