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Off market
  • $488,200

    5318 W Melrose St, Chicago, IL 60641

    4beds
    2,000sqft
    SingleFamily
    Built in 1927
    3,746 Square Feet Lot
    $488,200 Zestimate®
    $244/sqft
    $3,598 Estimated rent

    Home value

    $488,200

    $459,000 - $522,000

    $3,598/mo

    Zestimate® history
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    $3,481/mo

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    What's special

    Extra Income Potential! Immaculately Maintained Solid Chicago Bungalow. The second level has been dormered and converted into a separate apartment with 2 Bedrooms, a Full Bath, and Full Kitchen. Beautiful classic wood detailing throughout the home. 2 Bedrooms and Full Bath on the main level. Finished, Dry Basement also has the home's 3rd Full Bath. Hardwood Floors on the main and second levels. Well manicured back yard with detailed brick paver patio. 2.5 car garage and parking pad for a 3rd car next to the garage as well. Recent updates include: New Windows-2017, New Roof-2014, New Boilers-2013&15, Kitchen Appliances-2014, Finished Basement-2012, New Laundry-2017, Patio-2018, Garage Roof-2014, New Water Heater-2015. Super clean home. Excellent location in Portage Park walking distance from shops, restaurants, and major public transportation lines. Won't last long! This home is an excellent opportunity for anyone, including Investors, House-Hackers, owner occupiers, and Multi-family situations!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Attic: Dormer, Full, Interior Stair, Finished
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Brick
    Lot
    • Size: 3,746 Square Feet
    Details
    • Parcel number: 1321325034

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1927

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Price per square foot: $244/sqft
    • Tax assessed value: $320,000
    • Annual tax amount: $6,042

    Price history

    DateEventPrice
    2/25/2021Sold$372,500-0.7%$186/sqft
    Source: MRED as distributed by MLS GRID #10949147 Report a problem
    1/7/2021Contingent$375,000$188/sqft
    Source: MRED as distributed by MLS GRID #10949147 Report a problem
    1/7/2021Pending sale$375,000$188/sqft
    Source: Compass #10949147 Report a problem
    12/8/2020Price change$375,000-0.8%$188/sqft
    Source: Compass #10949147 Report a problem
    9/23/2020Price change$378,000-5%$189/sqft
    Source: Negotiable Realty Services In #10835876 Report a problem
    9/4/2020Price change$398,000-6.4%$199/sqft
    Source: Negotiable Realty Services In #10835876 Report a problem
    8/26/2020Price change$425,000-0.9%$213/sqft
    Source: Negotiable Realty Services In #10835876 Report a problem
    7/24/2020Pending sale$429,000$215/sqft
    Source: Negotiable Realty Services In #10787551 Report a problem
    7/20/2020Listed for sale$429,000$215/sqft
    Source: Negotiable Realty Services In #10787551 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,042 +24.4%$32,000 +39.1%
    2023$4,856 +2.6%$23,000
    2022$4,733 +19.6%$23,000
    2021$3,958 +7.1%$23,000 +16.8%
    2020$3,696 -1.6%$19,685 -11%
    2019$3,757 +1.7%$22,119
    2018$3,693 -1.7%$22,119 +6.3%
    2017$3,756 +2.3%$20,815
    2016$3,671 +10.1%$20,815
    2015$3,336 +1.5%$20,815 +2.7%
    2014$3,287 +2.4%$20,270
    2013$3,211 +0.6%$20,270
    2012$3,192 -9.3%$20,270 -25%
    2011$3,518 +18.4%$27,029
    2010$2,972 +14%$27,029
    2009$2,607 +2.8%$27,029 -19.6%
    2008$2,536 +3.2%$33,622
    2007$2,457 -9.3%$33,622
    2006$2,708 +5.3%$33,622 +47.3%
    2005$2,571 +1.9%$22,827
    2004$2,522 +4.4%$22,827
    2003$2,415 -5.4%$22,827 +42.5%
    2002$2,553 +5.1%$16,021
    2001$2,429 +5.8%$16,021
    2000$2,294 -0.1%$16,021 +15.1%
    1999$2,297 $13,919
    Find assessor info on the county website

    Neighborhood: Cragin

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $488,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $488,200