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$340,000
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Property Description
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.
Full Property Details
Full Property Details for 4822 W Melrose St
General
- Sold For: $340,000
- Taxes: $7,022 (2022)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12206563
- Added to Site: 473 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: CHI - Portage Park
- County: Cook
- Driving Directions: BELMONT TO LAMON TO MELROSE TO EAST TO HOME
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1956
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 6250
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1956
- Tax Amount: $7,022
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: REO/Lender Owned
- Property ID: 13214200320000
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Schools
Schools serving 4822 W Melrose St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Falconer Elementary School 3020 North Lamon Avenue, Chicago, IL 60641 | PK-6 | 0.3 mi |
Kelvyn Park High School 4343 West Wrightwood Avenue, Chicago, IL 60639 | 7-8 | 1.1 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4822 W Melrose St
Date
Details
Price
Change
Source
5/28/2025
Sold
$340,000
-2.83%
MLS
1/29/2025
Price Reduced
$349,900
-5.41%
MLS
1/06/2025
Price Reduced
$369,900
-5.13%
MLS
12/06/2024
Price Reduced
$389,900
-2.5%
MLS
11/08/2024
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4822 W Melrose Street, Chicago, IL 60641 (MLS# 12206563) is a Multi-Family property that was sold at $340,000 on May 28, 2025. This property was listed by Patricia Furman from our Glenbrook Office.Want to learn more about 4822 W Melrose Street? Do you have questions about finding other Multi-Family real estate for sale in Portage Park? You can browse all Portage Park real estate or contact a Coldwell Banker agent to request more information.


