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  • $545,000

    5445 W Melrose St, Chicago, IL 60641

    4beds
    --sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $547,000 Zestimate®
    $--/sqft
    $2,155 Estimated rent

    Home value

    $547,000

    $498,000 - $602,000

    $2,155/mo

    Zestimate® history
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    What's special

    Finished basementWell-maintained brick two-flatCrown moldingEnclosed back foyerUpdated kitchen cabinetsSeparate exterior entrancesHardwood floors
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Jozefczyk 847-495-5000,

    HomeSmart Connect

    Bought with:

    Brenda Martinez

    RE/MAX Premier

    Source: MRED as distributed by MLS GRID,MLS#: 12689814MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Radiator(s)
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 3
    • Parking features: Yes, Owned
    Lot
    • Size: 3,750 Square Feet
    • Dimensions: 125X30
    Details
    • Parcel number: 13213280050000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1926

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $400,010
    • Annual tax amount: $6,900
    • Date on market: 7/17/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/26/2026Sold$545,000+2.8%
    Source: MRED as distributed by MLS GRID #12689814 Report a problem
    7/22/2026Contingent$529,900
    Source: MRED as distributed by MLS GRID #12689814 Report a problem
    7/17/2026Listed for sale$529,900+76.6%
    Source: MRED as distributed by MLS GRID #12689814 Report a problem
    7/29/2015Sold$300,000+1.7%
    Source: MRED as distributed by MLS GRID #08928633 Report a problem
    6/16/2015Pending sale$294,900
    Source: Homepath #08928633 Report a problem
    5/20/2015Listed for sale$294,900+56%
    Source: Homepath #08928633 Report a problem
    3/2/2013Listing removed$189,000
    Source: Royal Service Realty Chicago Metro Properties, inc. #07920334 Report a problem
    11/22/2012Listed for sale$189,000-54.3%
    Source: Royal Service Realty Chicago Metro Properties, inc. #07920334 Report a problem
    9/14/2006Sold$414,000+27.4%
    Source: Public Record Report a problem
    9/6/2002Sold$325,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,377 +6.9%$40,001 +11.1%
    2023$6,900 +2.9%$35,999
    2022$6,705 +2%$35,999
    2021$6,573 +27.1%$35,999 +36.9%
    2020$5,172 -4%$26,305 -13%
    2019$5,389 +1.7%$30,236
    2018$5,297 -20.1%$30,236 -11.5%
    2017$6,628 +4.5%$34,149
    2016$6,343 +9.7%$34,149
    2015$5,780 +3.5%$34,149 +4.6%
    2014$5,582 +2.2%$32,633
    2013$5,461 +0.9%$32,633
    2012$5,412 -9.5%$32,633 -16.1%
    2011$5,980 +1.2%$38,898
    2010$5,911 +14%$38,898
    2009$5,184 -6.4%$38,898 -14.1%
    2008$5,539 +7.8%$45,292
    2007$5,138 +17.2%$45,292
    2006$4,385 +4%$45,292 +36.9%
    2005$4,214 +2.8%$33,091
    2004$4,100 +3.7%$33,091
    2003$3,953 +4.4%$33,091 +44.6%
    2002$3,787 +4.7%$22,879
    2001$3,618 +0%$22,879
    2000$3,618 +11.6%$22,879 +21.7%
    1999$3,242 $18,796
    Find assessor info on the county website

    Neighborhood: Cragin

    Nearby schools

    GreatSchools rating
    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
    $547,000
    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
    $547,000