5433 W Melrose Street,Chicago, IL 60641
Chicago, IL 60641
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.
Details
| MLS # | 12658755 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1923 |
| Days On Site | 87 |
| Listing Provided By | Coldwell Banker Realty | Victor Lopez |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Garage | 2 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.09 |
Interior
| Rooms Total | 12 |
|---|---|
| Heating | Natural Gas, Forced Air, Radiant |
| Window Features | Screens |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick |
| Patio And Porch Features | Porch |
| Fencing | Fenced |
Parking
| Parking Features | Garage Door Opener, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 2 |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Gated, Sidewalks, Street Lights, Street Paved |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 7811 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60641 |
| Area | CHI Portage Park |
| Listing VS Median (in 60641) | |
Price: $719,000 low | high Med: $425,000 On site: 87 low | high Med: 170.5 | |
Market Activity 60641
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60641 |
| Area | CHI Portage Park |
| Listing VS Median (in 60641) | |
Price: $719,000 low | high Med: $425,000 On site: 87 low | high Med: 170.5 | |
