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$549,000

5418 Melrose Street, Chicago, IL 60641
4 Beds3 Baths9 days
5418 Melrose Street·Chicago, IL 60641
4Bedrooms
3Bathrooms
1928Year Built
About This Home

*** MULTIPLE OFFERS received. Offers due by 4:00pm on Monday, 02/19/2024***Well maintained legal two flat with a finished basement, 2 car garage and extra gated parking space in the back, conveniently located near public transportation, stores, schools, Chopin Park and Portage Park. Generously sized 2-Bedroom apartments with formal living and dining rooms, enclosed private porches and eat-in kitchens; both nicely remodeled about 7 years ago. Each apartment features hardwood floors throughout and original woodwork. First floor unit has enclosed back porch with sliding glass door to a wooden deck, an idyllic space for dining, relaxation or entertaining. Kitchen features tall maple cabinetry complemented by granite countertops and mosaic backsplash. Second floor is similar in size and layout. Kitchen has stained maple cabinetry, granite countertops and mosaic backsplash. Basement offers nicely finished additional living spaces with new vinyl floor and carpet. There are three remodeled ceramic tile bathrooms in the building; one on each level. Main entry upgraded with ceramic tile floor and refinished wooden staircase. Building has two separate heating and cooling systems about 10 years old. Second floor utilities are separate-paid by the tenant. First floor and basement utilities are under one gas and electric meter-paid by the owner. There are two HW tanks about 8 years old. Coin-operated washer/dryer are located in the back area of the basement. Building has vinyl windows on the first and second floor and glass block windows in the basement. Additional features include sewer backwater valve and security camera system. New sidewalks and gated concrete slab for extra parking besides 2-car garage. Fenced-in yard. This building can be a great option for both real estate investors and owner occupied buyers. Desirable location, steps from grocery stores, restaurants and CTA buses.

MLS# 11974771Listed February 12, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Total Rooms15

Size & Structure

Garage Spaces2
Year Built1928
Lot Size33 X 125

Location

CountyCook
TownshipJefferson
Zip Code60641

Financial

List Price$549,000
Annual Taxes (2022)$7,203
Monthly Tax Est.$600
Parcel #13213240310000
Interior Features

Heating

Natural GasForced AirSep Heating Systems - 2+

Basement

FinishedExterior EntryFull
Exterior & Lot

Construction

Brick

Roof

Flat

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedAlley AccessSecuredOwnedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$7,203
Tax Year 2022
Monthly Tax Est.
$600
per month
Property Location

5418 Melrose Street, Chicago, IL 60641Cook County

$549,000
5418 Melrose Street
4 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
9 days on market
2-car garage
33 X 125
$7,203/yr taxes
$3,485
estimated monthly payment
Principal & Interest
$2,885/mo
Property Tax
$600/mo
$549,000
20% — $109,800
3%50%
6.875%
3%12%
Loan Amount
$439,200
Down Payment
$109,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Teresa Spyrka
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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