$1,595,995
5402 W MELROSE Street
Chicago, IL, 60641
PRIME INVESTMENT OPPORTUNITY LOCATED IN THE HEART OF THE BELMONT-CRAGIN NEIGHBORHOOD THIS PROMINENT YELLOW BRICK CORNER BUILDING FEATURES TWELVE (12) SPACIOUS UNITS CONSISTING OF FOUR (4) 2BD/1BA AND EIGHT (8) 1BD/1BA APARTMENTS. THIS PROPERTY OFFERS AN ARRAY OF AMENITIES, INCLUDING OVERSIZED RESIDENT STORAGE UNITS, AN ON-SITE LAUNDRY FACILITY, A BACK COURTYARD AND A 2-CAR DETACHED GARAGE. THE BUILDING IS EQUIPPED WITH OWNER PROVIDED GAS STEAM BOILER HEAT AND HOT WATER WHILE THE RESIDENTS ARE RESPONSIBLE FOR THEIR COOKING GAS AND ELECTRIC UTILITIES. THIS RARE OPPORTUNITY FOR INVESTORS SEEKING STABLE CASH FLOW AND LONG-TERM GROWTH IN ONE OF CHICAGO’S ESTABLISHED RESIDENTIAL AREAS. PROPERTY HIGHLIGHTS: -OVERSIZED RESIDENT STORAGE UNITS – BUILDING OWNED LAUNDRY FACILITY – (2) CAR DETACHED PARKING GARAGE
Property Details
Price:
$1,595,995
MLS #:
MRD12201366
Status:
Closed (Jun 16, 2025)
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – Portage Park
Listed Date:
Nov 1, 2024
Year Built:
1929
Schools
Interior
Exterior
Stories
2
Financial
Maintenance Fee
$1,200
Tax Year
2023
Taxes
$19,774
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 Commercial in Chicago as of Apr 26, 2026
933
Commercial Listed
188
Avg DOM
$1,030,138
Avg List Price
Community
- Address5402 W MELROSE Street Chicago IL
- CityChicago
- CountyCook
- Zip Code60641
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Property Summary
- 5402 W MELROSE Street Chicago IL is a Commercial for sale in Chicago, IL, 60641. It is listed for $1,595,995 To schedule a showing of MLS#mrd12201366 at 5402 W MELROSE Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
5402 W MELROSE Street
Chicago, IL
