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$545,000
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Property Description
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.
Full Property Details
Full Property Details for 5445 W Melrose St
General
- Sold For: $545,000
- Taxes: $6,900 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12689814
- Added to Site: 53 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 3
- Parking Features: Yes, Owned
Location
- Area: CHI - Portage Park
- County: Cook
- Driving Directions: Belmont to Central North To Melrose
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Water: Lake Michigan
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Finished, Full
- Year Built: 1926
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 125 x 30
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1926
- Tax Amount: $6,900
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13213280050000
Listed by HomeSmart Connect
Sold by RE/MAX Premier
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Schools
Schools serving 5445 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.
5445 W Melrose Street, Chicago, IL 60641 (MLS# 12689814) is a Multi-Family property that was sold at $545,000 on August 26, 2026. Want to learn more about 5445 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.

