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$698,000 Just Listed
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Property Description
Incredible opportunity to own a spacious bungalow in the heart of the highly desirable Portage Park neighborhood! This oversized home features 3 levels of living space and offers exceptional flexibility for extended families, related living, or investment potential. The property includes 8 total bedrooms, 3 full bathrooms, and 3 kitchens, with each level offering its own separate living area. The main floor kitchen features granite countertops, stainless steel appliances, and 42" tall cabinets, offering both style and functionality. A main floor office is currently being used as an additional bedroom, providing even more flexible living arrangements. The basement primary bedroom features two walk-in closets, and the home offers an abundance of storage space throughout. The second floor has separate electrical service, and the property is equipped with 2 separate high-efficiency HVAC systems for added comfort and efficiency. Major updates include a newer roof (approximately 4 years old), vinyl windows throughout, updated mechanicals, and a newer electrical panel. Enjoy two cozy decks perfect for relaxing or entertaining. The oversized garage with 10-foot garage doors can accommodate large vans, including the largest Sprinter models, making it ideal for contractors, business owners, RV storage, or additional workspace needs. The home also offers two separate laundry areas for added convenience. Fantastic location close to parks, schools, shopping, restaurants, and public transportation. A rare opportunity with endless possibilities. Schedule your showing today and bring your offer!
Full Property Details
Full Property Details for 5438 W Melrose St
General
- Price: $698,000
- Taxes: $4,194 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12653520
- Updated: 5/21/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Finished, F
- Interior Features: 1st-Floor Bedroom, In-Law Floorplan, Separate Dining Room
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Humidifier
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Basement Baths: Yes
Bedrooms
- Total Bedrooms: 8
- Bedrooms(Blw Grade): 3
Additional Information
- Equipment: Ceiling Fan(s), Water Heater-Gas
- Other Features: Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage Door Opener, Garage, Yes, Garage Owned, Detached
Location
- Area: CHI - Portage Park
- County: Cook
- Township: Jefferson
- Driving Directions: BELMONT TO LINDER NORTH, TO MELROSE
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Lake Michigan
Structural Information
- Architectural Info: Prairie
- Architectural Style: Prairie
- Model: BUNGALOW
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full
- Sub-Flooring: Hardwood
- Square Feet: 2,500
- Sq. Ft. Source: Estimated
- Year Built: 1924
- Built Before 1978: Yes
- Remodeled/Updated: 2010
Manufactured Home
- Model: BUNGALOW
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 4125
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1924
- Tax Amount: $4,194.42
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13213240250000
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Schools
Schools serving 5438 W Melrose St
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Camras Elementary School 3000 North Mango Avenue, Chicago, IL 60634 | K-8 | 0.5 mi |
Foreman High School 3235 North Leclaire Avenue, Chicago, IL 60641 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5438 W Melrose St
Date
Details
Price
Change
Source
5/20/2026
Listed
$698,000
148.4%
MLS
6/06/2002
Sold
$281,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5438 W Melrose St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,434
-23%
$33,999
—
2022
$5,730
35%
$33,999
—
2021
$4,245
-14%
$33,999
35%
2020
$4,934
-2%
$25,237
-11%
2019
$5,011
2%
$28,357
—
2018
$4,926
-2%
$28,357
6%
2017
$5,012
4%
$26,644
—
2016
$4,839
10%
$26,644
—
2015
$4,404
32%
$26,644
30%
2014
$3,330
2%
$20,502
—
2013
$3,253
1%
$20,502
—
2012
$3,234
—
$20,502
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5438 W Melrose St
5438 W Melrose Street, Chicago, IL 60641 (MLS# 12653520) is a Single Family property with 8 bedrooms and 3 full bathrooms. 5438 W Melrose Street is currently listed for $698,000 and was received on May 20, 2026. Want to learn more about 5438 W Melrose Street? Do you have questions about finding other Single 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.

