FANTASTIC INVESTMENT OPPORTUNITY, FULLY OCCUPIED BUILDING. IDEAL FOR OWNER OCCUPANT. THIS SOLID BRICK 2-FLAT HAS A TOTAL OF 4 BEDS AND 3 BATHS, PROVIDING SPACIOUS AND COMFORTABLE LIVING SPACES. EACH UNIT FEATURES 2 BEDS LR, DR & BATHROOMTHIS GREAT BUILDING ALSO HAS A PARTIALLY FINISHED BASEMENT WITH A COIN WASHER/DRYER. PARKING SPACES FOR TWO CARS. SITUATED IN THE HIGHLY SOUGHT-AFTER PORTAGE PARK LOCATION, RESIDENTS WILL ENJOY THE BENEFITS OF A VIBRANT COMMUNITY WITH ACCESS TO PARKS, SCHOOLS, SHOPPING, AND DINING. THE PROPERTY IS MOVE-IN READY, IN A WELL-MAINTAINED CONDITION. THE PROPERTY IS BEING SOLD "AS-IS," PROVIDING AN EXCELLENT CHANCE FOR THE NEW OWNER TO CUSTOMIZE AND MAKE IT THEIR OWN.
Closed
$499,900
5525 W Melrose St, Chicago, IL 60641
4beds
--sqft
Multi Family
Built in 1927
-- sqft lot
$532,000 Zestimate®
$--/sqft
$2,117 Estimated rent
Home value
$532,000
$473,000 - $596,000
$2,117/mo
Zestimate® history
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Partially finished basement
Zillow last checked:
Listing updated:
Listed by:
Clemente Lopez 708-280-5262,
Chicagoland Brokers, Inc.
Bought with:
Marina Collazo
Redfin Corporation
Source: MRED as distributed by MLS GRID,MLS#: 12262604
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Rooms
- Room types: Den
Heating
- Natural Gas, Radiant
Features
- Basement: Finished,Partially Finished,Full
Property
Parking
- Total spaces: 2
- Parking features: On Site, Owned
Lot
- Size: 3,750 Square Feet
- Dimensions: 30X125
Details
- Parcel number: 13213270080000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Brick/Mortar, Concrete Perimeter
- Roof: Rubber
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $450,000
- Annual tax amount: $7,615
- Date on market: 1/1/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2025 | Sold | $499,900 |
Source:  MRED as distributed by MLS GRID #12262604 Report a problem | ||
| 3/31/2025 | Contingent | $499,900 |
Source: MRED as distributed by MLS GRID #12262604 Report a problem | ||
| 3/18/2025 | Price change | $499,900-7.4% |
Source: MRED as distributed by MLS GRID #12262604 Report a problem | ||
| 1/1/2025 | Listed for sale | $539,900 |
Source: MRED as distributed by MLS GRID #12262604 Report a problem | ||
| 10/10/2024 | Listing removed | $539,900 |
Source: MRED as distributed by MLS GRID #12170355 Report a problem | ||
| 10/7/2024 | Listed for sale | $539,900 |
Source: MRED as distributed by MLS GRID #12170355 Report a problem | ||
| 9/29/2024 | Listing removed | $539,900 |
Source: MRED as distributed by MLS GRID #12170355 Report a problem | ||
| 9/23/2024 | Listed for sale | $539,900+107.7% |
Source: MRED as distributed by MLS GRID #12170355 Report a problem | ||
| 3/20/2009 | Sold | $260,000-42.2% |
Source: MRED as distributed by MLS GRID #07104519 Report a problem | ||
| 5/23/2008 | Listing removed | $450,000 |
Source: Century 21 #06862668 Report a problem | ||
| 4/21/2008 | Listed for sale | $450,000+33.9% |
Source: Century 21 #06862668 Report a problem | ||
| 1/16/2002 | Sold | $336,000+32.8% |
Source: Public Record Report a problem | ||
| 6/7/2000 | Sold | $253,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $45,000 +21.6% |
| 2023 | $7,811 +2.6% | $37,000 |
| 2022 | $7,615 +2.3% | $37,000 |
| 2021 | $7,445 +22.4% | $37,000 +35.6% |
| 2020 | $6,083 -3.5% | $27,291 -13% |
| 2019 | $6,306 +1.7% | $31,369 |
| 2018 | $6,200 -13.7% | $31,369 -6% |
| 2017 | $7,187 +7.5% | $33,366 |
| 2016 | $6,687 +9.3% | $33,366 |
| 2015 | $6,118 +2.5% | $33,366 +3.8% |
| 2014 | $5,970 +2% | $32,154 |
| 2013 | $5,852 +1.3% | $32,154 |
| 2012 | $5,774 -9.7% | $32,154 -18.4% |
| 2011 | $6,394 -0.4% | $39,428 |
| 2010 | $6,421 +4.3% | $39,428 |
| 2009 | $6,153 -8.1% | $39,428 -15.4% |
| 2008 | $6,693 +25.6% | $46,622 |
| 2007 | $5,327 +16.4% | $46,622 |
| 2006 | $4,576 -15.4% | $46,622 +41% |
| 2005 | $5,409 +1% | $33,074 |
| 2004 | $5,354 +2.2% | $33,074 |
| 2003 | $5,238 +23.3% | $33,074 +40% |
| 2002 | $4,249 +13.4% | $23,625 |
| 2001 | $3,748 -0.8% | $23,625 |
| 2000 | $3,779 | $23,625 +20.3% |
| 1999 | $3,779 | $19,631 |
Find assessor info on the county website
Neighborhood: Cragin
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Nearby schools
GreatSchools rating
- 4/10Camras Elementary SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Foreman High SchoolGrades: 9-12Distance: 0.6 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
$532,000
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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
$532,000
- Illinois
- Cook County
- Chicago
- 60641
- Cragin
- 5525 W Melrose St
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