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Two-Flat Residential Income Property

5445 W Melrose Street Chicago, IL 60641

New
5445 W Melrose Street, Chicago, IL, 60641
$529,900
For Sale
$529,900

MULTI_FAMILY - Chicago, IL

Lot Size0.09 Acres
Days on Market3

Property Features for 5445 W Melrose Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Basement, Bedroom 2, Bathroom 3
Parking
3
Parking features
Owned
Basement
Full, Finished
Standard status
Active
APN
13213280050000
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
6900

Utilities

Sewer type
Public Sewer
Heating system
Other (Heating)

Building Details

Year built
1926
Building materials
Brick
Listing Agency HomeSmart Connect
3030 Salt Creek Lane #145, Arlington Heights, IL
Listed by David Jozefczyk
Added: Jul 16 Checked: Jul 18 at 9:06 am
MLS# 12689814 Listing URL

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.

Well-maintained brick two-flat offering two spacious 2-bedroom, 1-bath units with hardwood floors, crown molding, ceiling fans, updated kitchen cabinets, and stainless steel appliances. The basement is finished and includes two additional bedrooms, a full bathroom, a summer kitchen, and separate exterior entrances, adding flexibility for additional living space or related uses. Each unit features an enclosed back foyer for added living and/or storage space. A newer boiler installed in 2023 supports the building’s mechanicals.

The property is set on an oversized 30' x 125' lot and is conveniently located near shopping, restaurants, parks, schools, and CTA and Metra access, with proximity to I-90/94 and O’Hare and Downtown Chicago noted in the remarks.

The first-floor unit is owner-occupied, while the second-floor unit is rented to a month-to-month tenant who would like to stay. Interior photos were taken prior to the current tenant’s occupancy, as noted in the listing remarks.

Key Highlights

  • Well‑maintained brick two‑flat built in 1926 with two 2‑bedroom, 1‑bath units
  • Newer boiler (2023); heating type listed as “Other (Heating)”
  • Units feature hardwood floors, crown molding, and ceiling fans, plus updated kitchen cabinets and stainless steel appliances

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Garden Center Nursing Home Skin Care Clinic Catering Service Nursing Home Tech Support Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Cosmetic Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained brick two-flat with two 2-bedroom units, finished basement, and separate exterior entries.
Where is this duplex located?
The property is located at 5445 W Melrose Street Chicago, IL.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: Well‑maintained brick two‑flat built in 1926 with two 2‑bedroom, 1‑bath units; Newer boiler (2023); heating type listed as “Other (Heating)”; Units feature hardwood floors, crown molding, and ceiling fans, plus updated kitchen cabinets and stainless steel appliances
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