5445 W Melrose Street
Chicago, IL, 60641
$529,900
4 Beds
3 Baths
0 SqFt
0 Acres
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$529,900
5445 W Melrose Street
Chicago, IL, 60641
MLS #MRD12689814 image #0MLS #MRD12689814 image #1MLS #MRD12689814 image #2
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.

Property Details

Price:
$529,900
MLS #:
MRD12689814
Status:
Active
Beds:
4
Baths:
3
Type:
Multi Family
Neighborhood:
chiportagepark
Listed Date:
Jul 16, 2026
Year Built:
1926
Chi – Portage ParkChiportagepark

Schools

School District:
299

Interior

Heating
Radiator(s)

Exterior

Construction Materials
Brick
Parking Features
Yes, Owned
Parking Spots
3
Parking Total
3

Financial

Tax Year
2023
Taxes
$6,900
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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 Jul 21, 2026
1,430
Multi Family Listed
82
Avg DOM
$522,942
Avg List Price

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Property Summary

    5445 W Melrose Street Chicago IL is a Multi Family for sale in Chicago, IL, 60641. It is listed for $529,900 To schedule a showing of MLS#mrd12689814 at 5445 W Melrose Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
5445 W Melrose Street
Chicago, IL