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$539,900

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
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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.

Full Property Details for 5525 W Melrose St

General

  • Price: $539,900
  • Taxes: $7,615 (2022)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12262604
  • Updated: 1/7/2025
  • Added to Site: 35 day(s) ago

Interior

  • Basement: Full

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Total Spaces: 2
  • Parking Ownership: Owned
  • Parking Type: Space(s)
  • Parking On-Site: Yes

Location

  • Area: CHI - Portage Park
  • County: Cook
  • Township: Jefferson
  • Driving Directions: CENTRAL AVE (N) OF BELMONT TO MELROSE (E) TO HOME

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Heating & Cooling

  • Heating Type: Natural Gas, Radiant

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Brick/Mortar, Concrete Perimeter
  • Roof: Rubber
  • Year Built: 1927
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Standard Chicago Lot
  • Lot Dimensions: 30 x 125
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1927
  • Tax Amount: $7,615
  • Tax Year: 2022
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 13213270080000

Listed by Chicagoland Brokers, Inc.

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— 5525 W Melrose St —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 5525 W Melrose St

School District:Chicago Public Schools
RatingNameGradesDistance
4
Camras Elementary School
3000 N Mango Ave, Chicago, IL 60634
PK-80.4 mi
1
Foreman High School
3235 N Leclaire Ave, Chicago, IL 60641
9-120.6 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5525 W Melrose St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/01/2025
Listed
$539,900
107.65%
MLS
2/09/2009
Sold
$260,000
—
Public Record
Get Price Alerts and Save Property
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 for 5525 W Melrose St

Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,615
2%
$37,000
—
2021
$7,445
22%
$37,000
36%
2020
$6,083
-4%
$27,291
-13%
2019
$6,306
2%
$31,369
—
2018
$6,200
-14%
$31,369
-6%
2017
$7,187
7%
$33,366
—
2016
$6,687
9%
$33,366
—
2015
$6,118
2%
$33,366
4%
2014
$5,970
2%
$32,154
—
2013
$5,852
1%
$32,154
—
2012
$5,774
—
$32,154
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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5525 W Melrose Street, Chicago, IL 60641 (MLS# 12262604) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 5525 W Melrose Street is currently listed for $539,900 and was received on January 01, 2025. Want to learn more about 5525 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.

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