5445 West Melrose Street

Off Market

5445 West Melrose Street

Chicago IL 60641

Multi-Family

Last sold for $545,000

David Jozefczyk, last sold this property on 26 August 2026 after 40 days on market.

Overview

Well-maintained brick two-flat featuring two spacious 2-bedroom, 1-bath units with hardwood floors, crown molding, ceiling fans, updated kitchen cabinets, stainless steel appliances, and a newer boiler (2023). The finished basement offers two additional bedrooms, a full bathroom, a summer kitchen, and separate exterior entrances, providing excellent flexibility for extended family or additional living space. Each unit includes an enclosed back foyer, providing additional living or storage space. Perfect for an investor seeking strong rental potential or an owner-occupant looking to live in one unit while generating income from the other. The owner occupies the first-floor unit, while the second-floor unit is rented to a month-to-month tenant who would like to stay. Situated on an oversized 30' x 125' lot and conveniently located near shopping, restaurants, parks, schools, CTA, Metra, I-90/94, O'Hare, and Downtown Chicago. A solid investment with flexibility and long-term value. Some interior photos were taken prior to the current tenant's occupancy.

Features

4 bedrooms

3 bathrooms

3 carspaces

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 5445 West Melrose Street is $570k.

Median value

$570k

Estimated value range

$315k - $680k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5445 West Melrose Street

2026

Sold

$545,000

26 Aug 2026 by David Jozefczyk, of Homesmart Connect LLC

2015

Sold

$300,000

29 Jul 2015 by Michelle Labra-Mejorado, of LABRA GROUP REALTORS

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.

Local market activity for 4 bedroom multi families in Chicago

In the last 12 months, 16 four-bedroom multi families similar to 5445 West Melrose Street, have been sold.

This represents a 39% increase in four-bedroom multi families sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Chicago for a market analysis.

Sebastian J Hernandez

at Baird & Warner

(113 reviews)

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Elialvita Marrero

at Nelly Corp Realty

(5 reviews)

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Stephanie Soto

at Luxury Living Chicago Realty

(1 review)

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Grigory Pekarsky

at Vesta Preferred LLC / RNP Real Estate Group

(2 reviews)

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Nearby agents

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Sebastian J Hernandez

Sellers who recommend Sebastian J Hernandez have praised them for being clear communication, responsive, local expert, patient, reliable, supportive, and attentive