LKV Realty
Logo
$529,900
$2,900Reward *
5445 W Melrose Street, Chicago, IL 60641Listing ID 12689814

5445 W Melrose Street, Chicago, IL 60641

Contingent
CHI - Portage Park
Time on site: 31 daysLast updated: 2 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Days on Site
Days on Site
10
Heating
Heating
Radiator(s)
Year Built
Year Built
1926
Parking
Parking
Yes, Owned

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 Information

Property Details

Location

Address
5445 W Melrose Street
County
Cook
City
Chicago
Zip Code
60641
Subdivision
CHI - Portage Park
School District
299
MLS Area
CHI - Portage Park

Interior Features

Beds and Baths

Bedrooms
4

Building

Building Information

Year Built
1926
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$6,900
Tax Year
2023
HomeSmart Connect, (847) 495-5000

Market Report for 60641

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 05:36 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD44767