5433 W Melrose St

Chicago, IL 60641
  • $719,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 22076 - 923360,1013702

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.

Listing Highlights

Status Pending
Days on Site 32
Property Type Multi-Family
MLS ® 12658755
Year Built 1923
Total Square Footage 0
Lot/Acreage 0.09
County Cook
School District 299

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances: Ceiling Fan(s)
  • Air Cond:
  • Heating: Natural Gas,Forced Air,Radiant
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Exterior Entry,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 33X126
  • Zoning: MULTI
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $7,811
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13213280090000
  • Tax Year: 2023

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5433 W Melrose St Chicago, IL 60641

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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