Fantastic Opportunity in a Prime Chicago Location! This charming brick 2 unit property is the home you've been waiting for! Featuring hardwood floors, generously sized bedrooms, and double lot-this property truly has it all. Each unit offers two spacious sun drenched bedrooms, a full bathroom, a large living room, and a chef's kitchen perfect for all your culinary creations. The property also holds incredible potential with a vast yard, a lovely patio for outdoor entertaining, and a fully fenced perimeter for privacy and security. With its prime location and spacious layout, this two unit property offers great potential, providing an excellent opportunity for the owner to generate rental income. Don't miss out on this rare find! Basement is finished and set up as an additional unit and has private exterior access. Cook County Assessor notes property as a 2 unit property. No representations on legality/use of space are being made. Buyer responsible for any violations.
Closed
$340,000
4822 W Melrose St, Chicago, IL 60641
4beds
--sqft
Multi Family
Built in 1956
-- sqft lot
$359,900 Zestimate®
$--/sqft
$2,030 Estimated rent
Home value
$359,900
$324,000 - $403,000
$2,030/mo
Zestimate® history
Owner options
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$2,397/mo
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Est. payment
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List your homeWhat's special
Fully fenced perimeterGenerously sized bedroomsSpacious sun drenched bedroomsDouble lotHardwood floorsVast yard
Zillow last checked:
Listing updated:
Listing courtesy of:
Patti Furman 847-724-5800,
Coldwell Banker Realty
Bought with:
George Villegas
Realty of America, LLC
Source: MRED as distributed by MLS GRID,MLS#: 12206563
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 2
Features
- Patio & porch: Patio
Lot
- Size: 6,250 sqft
Details
- Additional parcels included: 13214200330000
- Parcel number: 13214200320000
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2025 | Sold | $340,000-20.4% |
Source:  MRED as distributed by MLS GRID #12206563 Report a problem | ||
| 8/17/2024 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #12123163 Report a problem | ||
| 7/28/2024 | Listed for sale | -- |
Source: MRED as distributed by MLS GRID #12123163 Report a problem | ||
| 9/24/2018 | Listing removed | $427,000 |
Source: Alpha 7 Realty #09920796 Report a problem | ||
| 9/1/2018 | Price change | $427,000-2.4% |
Source: Alpha 7 Realty #09920796 Report a problem | ||
| 4/18/2018 | Listed for sale | $437,300-0.6% |
Source: Alpha 7 Realty #09920796 Report a problem | ||
| 2/10/2005 | Sold | $440,000+171.6% |
Source: Public Record Report a problem | ||
| 3/6/1998 | Sold | $162,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $22,344 +31% |
| 2023 | $3,602 +2.6% | $17,062 |
| 2022 | $3,511 +2.3% | $17,062 |
| 2021 | $3,433 +37.6% | $17,062 +52.4% |
| 2020 | $2,495 +11.3% | $11,193 -13% |
| 2019 | $2,242 -8.9% | $12,866 -9.2% |
| 2018 | $2,462 -19.8% | $14,173 -11.1% |
| 2017 | $3,071 +4.3% | $15,947 |
| 2016 | $2,946 +9.8% | $15,947 |
| 2015 | $2,683 +22.2% | $15,947 +21.6% |
| 2014 | $2,196 +2.3% | $13,113 |
| 2013 | $2,147 +0.8% | $13,113 |
| 2012 | $2,131 -11.5% | $13,113 -22.2% |
| 2011 | $2,407 +2.4% | $16,861 |
| 2010 | $2,351 +8.4% | $16,861 |
| 2009 | $2,168 -15.9% | $16,861 -20.9% |
| 2008 | $2,579 +8.3% | $21,321 |
| 2007 | $2,381 +18.9% | $21,321 |
| 2006 | $2,002 -9.3% | $21,321 +57.9% |
| 2005 | $2,208 +41.8% | $13,502 |
| 2004 | $1,557 -9% | $13,502 |
| 2003 | $1,711 +12.5% | $13,502 +44% |
| 2002 | $1,522 +4.9% | $9,374 |
| 2001 | $1,451 +7.2% | $9,374 |
| 2000 | $1,354 -13% | $9,374 +16.7% |
| 1999 | $1,557 | $8,033 |
Find assessor info on the county website
Neighborhood: Cragin
Nearby schools
GreatSchools rating
- 5/10Falconer Elementary SchoolGrades: PK-6Distance: 0.3 mi
- 4/10INTRINSIC CHARTER HIGH SCHOOLGrades: 7-12Distance: 0.4 mi
- 1/10Foreman High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$359,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$359,900
- Illinois
- Cook County
- Chicago
- 60641
- Cragin
- 4822 W Melrose St
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