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sales rep | Brivity IDX

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5438 W Melrose St , Chicago, IL 60641
$559,900
Est. Payment: $3,055.60/mo
5 Bed
3 Bath
2500 Sqft
Status: price change | Days on site: 14
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26656 - 28541
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House Description

Incredible opportunity for Home owners or investors to own a spacious bungalow in the heart of the highly desirable Portage Park neighborhood! This property will paid off on it's own with collected rent. This oversized home features 3 levels of living space and offers exceptional flexibility for extended families, related living, or investment potential. The property includes 8 total bedrooms, 3 full bathrooms, and 3 kitchens, with each level offering its own separate living area. The main floor kitchen features granite countertops, stainless steel appliances, and 42" tall cabinets, offering both style and functionality. A main floor office is currently being used as an additional bedroom, providing even more flexible living arrangements. The basement primary bedroom features two walk-in closets, and the home offers an abundance of storage space throughout. The second floor has separate electrical service, and the property is equipped with 2 separate high-efficiency HVAC systems for added comfort and efficiency. Major updates include a newer roof (approximately 4 years old), vinyl windows throughout, updated mechanicals, and a newer electrical panel. Enjoy two cozy decks perfect for relaxing or entertaining. The oversized garage with 10-foot garage doors can accommodate large vans, including the largest Sprinter models, making it ideal for contractors, business owners, RV storage, or additional workspace needs. The home also offers two separate laundry areas for added convenience. Fantastic location close to parks, schools, shopping, restaurants, and public transportation. A rare opportunity with endless possibilities. Schedule your showing today and bring your offer!

Highlights

Listed by David Jaracz , 773-710-4376 Savvy Properties Inc , 773-710-4376. Midwest Real Estate Data mls logo

Property Type

Residential

Year Built

1924

County

Cook

Area

CHI - Portage Park

School District

299

Listing ID

12784810

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Humidifier, Ceiling Fan(s),Water Heater-Gas
Air Cond:Central Air
Fireplaces:
Floor:Hardwood
Basement:Finished,Full
Other:
  • ▪ Additional:1st Floor Bedroom, In-Law Floorplan, Separate Dining Room
Water:Lake Michigan

Exterior Features

Lot Dimensions:4125
Garage Capacity:2
Sewer:Public Sewer
Parking Features:Garage Door Opener,Garage,Yes,Garage Owned,Detached
Principal Interest
$3,056
Taxes
$350

Home Price

$559,900

Loan Details

30 yrs
7.25%

Down Payment

20%
$111,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,055.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,055.60 $349.54 $0.00 $3,405.14
Yearly $36,667.25 $4,194.42 $0.00 $40,861.67
Total $1,100,017.44 $125,832.60 $0.00 $1,225,850.04
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T14:56:06.000Z

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