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Brick Duplex with Finished Garden Unit
For Sale
Under Contract
$560,000

4135 W Melrose Street, Chicago, IL 60641

MULTI_FAMILY - Chicago, IL

Lot Size0.09 Acres
Days on Market27

Property Features for 4135 W Melrose Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 1
Parking 2
Parking features Owned, Off Alley
Basement Full, Finished
Elementary school district 299
Middle school district 299
High school district 299
Directions Belmont to Keeler N to Melrose E to YOUR NEW HOME (4135)
Subdivision CHI - Irving Park
Standard status Active Under Contract
APN 13224360080000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 8893

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air

Amenities

hardwood floors
decorative fireplace
formal dining room
stainless steel appliances
granite countertops
laundry room
common garden

Building Details

Year built 1920
Building materials Brick
Roof type Rubber
Listing Agency: Compass
Listed By: Susanna Cherubin-Delisi · License #471012580
Added: Jul 6 Changed: Jul 30 Last Checked: Aug 1 at 3:06PM
MLS# 12696662

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

4135 W Melrose Street is a full red brick duplex on a wider lot, with natural light and a finished garden unit. The building was completely rehabbed in 2014, including new windows, roof, kitchens, baths, some plumbing and electrical, and a complete basement rehab.

Each two-bedroom unit features separate formal dining and spacious rooms, with hardwood floors and an inviting living area that includes a decorative fireplace. The first-floor kitchen is equipped with stainless steel appliances, including a gas stove, gas oven, dishwasher, and refrigerator, with granite countertops. There is also a basement with additional space that includes a 3-bedroom and full bath. The property includes laundry on the first floor with a washer and dryer, located toward the back of the unit with back indoor stairs, plus access to a common garden and outdoor space.

Additional features include forced air with gas heat, and outdoor back parking or the ability to build a new 2-car garage. Melrose is a one-way street with parking permits only 24/7. The owner would like to convey the building as-is.

Key Highlights

  • 2014 complete rehabilitation including new windows, roof, kitchens, baths, and select plumbing/electrical
  • Full red brick duplex on a 0.09‑acre lot with wider‑lot configuration
  • Each two‑bedroom unit includes a separate formal dining room

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nursing Home (Bike/Boat/Book/etc) Store Law Firm Catering Service Bed & Breakfast Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,596
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Full red brick duplex with a finished garden unit, forced-air gas heat, and off-alley parking on a wider lot.
Where is this duplex located?
The property is located at 4135 W Melrose Street Chicago, IL.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 2014 complete rehabilitation including new windows, roof, kitchens, baths, and select plumbing/electrical; Full red brick duplex on a 0.09‑acre lot with wider‑lot configuration; Each two‑bedroom unit includes a separate formal dining room
More about this property
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