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10 Properties Within 0.5 miles of: 5433 W Melrose, Chicago
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5433 W Melrose
Chicago, IL 60641

  • 8 Beds
  • Built In 1923
Price

$719,000

Est Payment
$4,294 / month (details)  
Taxes
$7,811  
Beds
8  
Rooms
12  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
33X126  
Built
1923  
Neighborhood
Belmont Cragin  
MLS
#12658755
Status
Active (0 days)

Property Description

BELMONT CRAGIN / PORTAGE PARK! Legal 2-flat with a nonconforming garden apartment and a 2-car detached garage. Excellent investment opportunity in the desirable Belmont Cragin/Portage Park neighborhood. This attractive 21/2-story brick building also offers the potential for one additional outdoor parking space. The property features approximately 2,800 square feet of above-grade living area, with each floor functioning as a separate unit, making it an ideal income-producing property for investors or owner-occupants. The building includes updated units, hardwood and ceramic tile flooring throughout, a separate building laundry room located in the basement, and a new roof installed in May 2026. The second-floor apartment offers five rooms, two bedrooms, a spacious living room, a separate dining room, a large kitchen with a double pantry and eat-in area, and a ceramic tile bathroom. The garden apartment features a finished living room, two bedrooms, a kitchen with oak cabinetry, a full bathroom, new ceramic tile flooring, and a laundry area. The first floor and garden apartment underwent a complete renovation in 2003. The basement and both apartments have been freshly painted, making the property move-in and rent-ready. The building is equipped with two separate heating systems and two central air conditioning systems. The first-floor apartment and the garden apartment share the laundry room and one central air conditioning system, while the second-floor apartment has its own separate heating and air conditioning system. MLS PHOTO DISCLOSURE: Some listing photos have been virtually enhanced and/or virtually staged for marketing purposes. The images may not depict the current appearance of the property or the tenant furnishings that are presently occupying the units. Buyers and buyer's agents are advised to rely on their own inspections and in-person showings to verify the property's current condition and layout.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air, Radiant
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, Garage Door Opener, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-13-2026 Listed at $719,000
Last Modified 6/13/26 9:07 PM

Nearby Transportation

  • Bus 77 0.1 mi
  • Bus 85 0.2 mi
  • Bus 152 0.5 mi
  • Bus 76 0.5 mi
  • Bus 91 0.6 mi
  • Bus 54 0.8 mi
  • Bus 80 1.0 mi
  • Bus 74 1.1 mi
  • Bus 86 1.2 mi
  • I 90 East 1.8 mi
  • I 94 East 1.8 mi
  • I 90 West 1.9 mi
  • I 94 West 1.9 mi
  • I 290 West 4.7 mi
  • I 290 East 4.7 mi
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