Listing provided courtesy of Berkshire Hathaway HomeServices ChicagoMREDas Distributed by MLSGrid- MLS# 12644646MLS Provider

5449 W Melrose StreetChicago, IL 60641

Multi-Family · 4 Beds
$619,900 Contingent

5449 W Melrose Street Overview

Time on Site:
48 days
Visits:
19

Completely renovated 2 unit brick building in prime location! New windows, roof, kitchens, baths, water heaters, each unit has it's own furnace and A/C and In-unit laundry. Harwood floors throughout. 2 car garage rented separately for 275 and nice shared back yard. Tenants are month to month for owner occupant or keep tenants with current market rate rents for your investment property!

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5449 W Melrose Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 299

Income/Expenses

  • Gross Income: 4975

Listing Information

  • Contingency: Attorney/Inspection

Building Information

  • New Construction: No
  • Year Built: 1926

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Portage Park
  • Township: Jefferson

Tax Information

  • Tax Annual Amount: $6,916.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 13213280040000
  • Property Type: Residential Income
  • Special Listing Conditions: List Broker Must Accompany
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Total: 2
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 2

General Information

  • Basement: Unfinished, Full
  • Foundation Details: Brick/Mortar
  • Heating: Radiator(s), Sep Heating Systems - 2+
  • Other Equipment: CO Detectors, Multiple Water Heaters
  • Rooms Total: 10

Exterior

Parking Information

  • Parking Features: Yes, Garage Owned, Detached, Garage
  • Parking Total: 2

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 25X125
  • Water Source: Lake Michigan, Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 2300
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 2300
  • Beds Total: 2
  • Baths Total: 1

5449 W Melrose Street Neighborhood

Community

60641 (Chicago) Demographics

37
Median Age
17,360
Population Density (per sq. mile)
39%
College Educated
$67,599
Estimated Median Income
12,764
Estimated Total Home Owners
11,758
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5449 W Melrose Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5449 W Melrose Street Market Data

Based on the last 30 days in this zip code

$523,031
Average List Price
$310
Average Price per Square Foot
45
Properties Sold
50
Average Days on Market
75
Properties for Sale
Calculations provided by Reliance Network

5449 W Melrose Street History

Date Event Value Agent
5/22/2026Source: MRED Status Change
Contingent
Jeanie Bratschie
Listing Agent
5/18/2026Source: MRED Status Change
Active
Jeanie Bratschie
Listing Agent
5/13/2026Source: MRED Added to Database
May 13, 2026
Jeanie Bratschie
Listing Agent