Fixer Upper
Address
4937 W Melrose Street, Chicago, IL
Price
$ 469,000
Property Attributes
  • MLS#12735543
  • TypeMulti-Family
  • Listing Status Active
  • CountyCOOK
  • CityChicago
  • AreaCHI - Portage Park
  • NeighborhoodPortage Park
  • Zip60641
  • Style
  • Year Built1923
  • Taxes$ 7176
  • Price$ 469,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Investor/Handyman Special - 5 Bed, 3 Bath in Chicago! Spacious 5-bedroom, 3-bathroom home in Chicago, offering plenty of room and strong potential for the right buyer. This home needs work and is being sold strictly as-is - a great opportunity for an investor or hands-on buyer looking to add value. With 5 bedrooms and 3 full baths, this is a rare find for large families, multi-generational living, or an investor targeting a strong rental or resale after updates. Located in Chicago's Portage Park area, close to shops, dining, schools, and transportation. Cash or Conventional-financing buyers preferred. Schedule your showing today! Selling AS-IS!

Elementary School Middle School High School
Falconer Elementary School Foreman High School Kelvyn Park High School
Price History
9/21/2026 Listed $469,000

General Features

Sewer Public Sewer
Heating Natural Gas
Possession Negotiable
Roof Asphalt
Garage Spaces 2
Construction Materials Aluminum Siding,Vinyl Siding,Steel Siding
Year Built 1923
Township Jefferson
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction No
Property Type Residential Income
Total Rooms 15
Status Active
Directions North on Laramie,East on W School St,South on N Lavergne,East on Melrose St
High School Kelvyn Park High School
City Chicago
High School District 299
MLS Area CHI - Portage Park
Elementary School Falconer Elementary School
Tax Annual Amount 7176.25
Middle/Junior High School Foreman High School
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Finished,Full
Total Bedrooms 5
Total Baths 3
Bedrooms Possible 5
Full Baths Building 3
Total Number of Units 2

Exterior Features

Parking Features Yes,Garage Owned,Detached,Garage
Water Source Public
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 125x25
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60641

Price
AVG $700K
$470K
Taxes
AVG $8,787
$7,176
Year Built
AVG 1919
1923
Visits
AVG 78
7
Data Provided by Inside Real Estate®

Areas We Cover