Back 5718 West Melrose Street
Off Market

5718 West Melrose Street

Chicago IL 60634

6
3
2
Multi-Family
Last sold for $450,000
Rebecca SexsonRebecca Sexson, last sold this property on 02 June 2025 after 75 days on market.

Overview

Welcome to 5718 Melrose! Turn-key, fully rented building looking for a new owner. This building contains a spacious & updated 3 bedroom/1 bathroom unit on the main level complete with a large living room, formal dining room, three spacious bedrooms, 1 full bathroom (updated in 2024) plus an updated (2024) large kitchen. The lower level was completely updated in 2024 to include three bedrooms, 2 full bathrooms (one of which is an en-suite), eat-in kitchen and living room (currently being used as a dining room). Additional features include common laundry room, 2-car garage and backyard. Awesome location! Fabulous tenants! Flexibility for any buyer to live in one unit and rent out the other, continue to rent both units, or convert to a beautiful single family home. Close to shopping and transportation. Neither seller nor broker represent the legality of any units. All leases expire end of May.

Features

6 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Chicago over the last 12 months, the estimated median property value of 5718 West Melrose Street is $637.5k.

Median value
$637.5k
Estimated value range
$500k - $865k
Median days on market
9
Estimated value trend
10%
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 5718 West Melrose Street

2025
Sold
$450,000
02 Jun 2025 by Rebecca Sexson, of Baird & Warner
2024
Sold
$260,000
03 Jan 2024 by David Piche', of Fulton Grace Realty

Happy sellers in Chicago

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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 6 bedroom multi families in Chicago

In the last 12 months, 10 six-bedroom multi families similar to 5718 West Melrose Street, have been sold.

This represents a 10% increase in six-bedroom multi families sales when compared to the previous 12 months.

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