5522 W Melrose St, Chicago, IL 60641
5522 W Melrose St, Chicago, IL 60641
5522 W Melrose St, Chicago, IL 60641
PENDING

5522 W Melrose St
Chicago, IL 60641

Cragin

Local Information

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Description

Amazing LEGAL 3-FLAT investment opportunity in Portage Park! Unit #1 has 3 bedrooms and 1 full bathroom with beautiful hardwood flooring throughout, large kitchen and dining space combined with living room, enclosed rear deck. Unit #2 has 1 very large bedroom, 1 full bath, large formal living area with room for dining space and 1 flex room at the back perfect for a den or home office. Garden unit has 1 bedroom, 1 full bathroom, eat-in kitchen, and nice size living room. All units have access to the enclosed back porch with lots of extra storage! Newly replaced kitchen flooring on the 1st and 2nd units; newly rehabbed basement unit (Nov 2021) and recently waxed and polished hardwood floors on each unit. HVAC has been recently maintained and checked by HVAC contractors (Dec 2021). Roof (2015). Gorgeous brick paver patio space in the backyard great for entertaining and grilling out! Wonderful neighborhood. Close proximity to shopping centers, parks, restaurants, convenient to transportation. Great investment property in move-in condition! Great for live-in owner or investor. Tenant occupied (M2M). Nothing to do but collect rent or move-in and let the tenants help you pay your mortgage. Potential for much higher rents based on comps in the area.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
42 days ago

Home Details for 5522 W Melrose St

Active Status

MLS Status: Contingent

Interior Features

Interior Details
Basement: FullNumber of Rooms: 12
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 3
Appliances & Utilities
Appliances: Multiple Water Heaters
Heating & Cooling
Heating: Natural Gas,RadiantHas Heating
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Foundation: Brick/Mortar
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 42

Property Information

Year Built
Year Built: 1922
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Aluminum Siding, Vinyl Siding, Steel SidingNot a New ConstructionNo Additional Parcels
Property Information
Condition: Age (91-100 Years)Parcel Number: 13213230240000

Price & Status

Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Chicago
School Information
Elementary School District: 299Jr High / Middle School District: 299High School District: 299

Agent Information

Listing Agent
MLS/Source ID: 11372999

HOA

HOA Fee Frequency (second): Annually

Lot Information

Lot Area: 3750 Square Feet

Listing Info

Special Conditions: List Broker Must Accompany

Tax Information

Annual Tax Amount: $5,006

Compensation

Buyer Agent Commission: 2.5% - $395

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementZillow Contingency Status: Under Contract

Additional Information

Mlg Can View
Last check for updates: about 6 hours ago
Listing Provided by: Daniel Fowler
@properties Christie's International Real Estate
Source: MRED as distributed by MLS GRID, MLS#11372999

Price History for 5522 W Melrose St

Event DetailsPrice
04/29/2022
Pending
MRED as distributed by MLS GRID #11372999
$419K

04/12/2022
Listed For Sale
MRED as distributed by MLS GRID #11372999
$419K

02/21/2022
ListingRemoved
MRED as distributed by MLS GRID #11305359
$438K

01/22/2022
Listed For Sale
MRED as distributed by MLS GRID #11305359
$438K

07/31/2015
Sold
MRED as distributed by MLS GRID #08886583
$270K

06/12/2015
Pending
Agent Provided
$275K

06/02/2015
PriceChange
Agent Provided
$275K

05/18/2015
PriceChange
Agent Provided
$285K

05/01/2015
PriceChange
Agent Provided
$290K

04/24/2015
PriceChange
Agent Provided
$305K

04/09/2015
Listed For Sale
Agent Provided
$310K

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LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
Based on information submitted to the MLS GRID as of 2022-05-24 12:44:40 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
5522 W Melrose St, Chicago, IL 60641 is a 5 bedroom, 3 bathroom multi-family built in 1922. 5522 W Melrose St is located in Cragin, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Apr 12, 2022. The MLS # for this home is MLS# 11372999.