ClosedPrice Reduced

$499,900

$539,900
5525 MELROSE Street, Chicago, IL 60641
5 Beds3 Baths88 days
5525 MELROSE Street·Chicago, IL 60641
5Bedrooms
3Bathrooms
1927Year Built
About This Home

FANTASTIC INVESTMENT OPPORTUNITY, FULLY OCCUPIED BUILDING. IDEAL FOR OWNER OCCUPANT. THIS SOLID BRICK 2-FLAT HAS A TOTAL OF 4 BEDS AND 3 BATHS, PROVIDING SPACIOUS AND COMFORTABLE LIVING SPACES. EACH UNIT FEATURES 2 BEDS LR, DR & BATHROOMTHIS GREAT BUILDING ALSO HAS A PARTIALLY FINISHED BASEMENT WITH A COIN WASHER/DRYER. PARKING SPACES FOR TWO CARS. SITUATED IN THE HIGHLY SOUGHT-AFTER PORTAGE PARK LOCATION, RESIDENTS WILL ENJOY THE BENEFITS OF A VIBRANT COMMUNITY WITH ACCESS TO PARKS, SCHOOLS, SHOPPING, AND DINING. THE PROPERTY IS MOVE-IN READY, IN A WELL-MAINTAINED CONDITION. THE PROPERTY IS BEING SOLD "AS-IS," PROVIDING AN EXCELLENT CHANCE FOR THE NEW OWNER TO CUSTOMIZE AND MAKE IT THEIR OWN.

MLS# 12262604Listed January 1, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms15

Size & Structure

Year Built1927
Lot Size30X125

Location

CountyCook
TownshipJefferson
Zip Code60641

Financial

List Price$499,900
Original Price$539,900
Annual Taxes (2022)$7,615
Monthly Tax Est.$635
Parcel #13213270080000
Interior Features

Heating

Natural GasRadiant

Basement

FinishedPartially FinishedFull
Exterior & Lot

Construction

Brick

Roof

Rubber

Foundation

Brick/MortarConcrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteOwned
Tax & Financial
Annual Taxes
$7,615
Tax Year 2022
Monthly Tax Est.
$635
per month
Price Reduced by $40,000
Original list price: $539,900
Property Location

5525 MELROSE Street, Chicago, IL 60641 — Cook County

$499,900
5525 MELROSE Street
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
88 days on market
30X125
$7,615/yr taxes
Price reduced $40,000
$3,262
estimated monthly payment
Principal & Interest
$2,627/mo
Property Tax
$635/mo
$499,900
20% — $99,980
3%50%
6.875%
3%12%
Loan Amount
$399,920
Down Payment
$99,980

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

Listed by
Chicagoland Brokers, Inc.
Agent: Clemente Lopez
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