1 month on rocket

5525 W Melrose St, Chicago, IL, 60641

$539,900

Home List Price

$6,411*

Closing Credit

5 Bedrooms
3 Baths
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5525 W Melrose St, Chicago$539,900

Buyer Closing Credits

$6,411*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1927
HeatingNatural Gas, Radiant
BasementYes
MLS #12170355
StatusActive

About 5525 W Melrose St

FANTASTIC INVESTMENT OPPORTUNITY, FULLY OCCUPIED BUILDING. IDEAL FOR OWNER OCCUPANT. THIS SOLID BRICK 2-FLAT HAS A TOTAL OF 4 BEDS AND 3 BATHS, PROVIDING SPACIOUS AND COMFORTABLE LIVING SPACES. EACH UNIT FEATURES 2 BEDS LR, DR & BATHROOMTHIS GREAT BUILDING ALSO HAS A PARTIALLY FINISHED BASEMENT WITH A COIN WASHER/DRYER. PARKING SPACES FOR TWO CARS. SITUATED IN THE HIGHLY SOUGHT-AFTER PORTAGE PARK LOCATION, RESIDENTS WILL ENJOY THE BENEFITS OF A VIBRANT COMMUNITY WITH ACCESS TO PARKS, SCHOOLS, SHOPPING, AND DINING. THE PROPERTY IS MOVE-IN READY, IN A WELL-MAINTAINED CONDITION. THE PROPERTY IS BEING SOLD "AS-IS," PROVIDING AN EXCELLENT CHANCE FOR THE NEW OWNER TO CUSTOMIZE AND MAKE IT THEIR OWN.

Property Details

Property Features

Property Information:

  • Year Built: 1927

Listing Office:

  • Office Name: Chicagoland Brokers, Inc.
  • Office Phone: (773) 745-1000
  • Listing Agent: Clemente Lopez

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant

Other

Directions Information:

  • Directions: CENTRAL AVE (N) OF BELMONT TO MELROSE (E) TO HOME

Price Information

Listing Price Info

Price Summary:

  • List Price: $539,900

Tax Information:

  • Annual Amount: $6,306
  • Tax Year: 2019
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Chicago, IL.

Med. Sold Price

$360.3K

Med. Price/SqFt

$259

Avg. Days On Market

32

# of Sold Homes

1796

5525 W Melrose St vs Chicago

42 DAYS ON ROCKET

+10 Days

$539,900

+$179.5K More

KEY TAKEAWAY

This property is $179.5K more than the Median Sold Price in Chicago, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12170355

Listing Office:

  • Office Name: Chicagoland Brokers, Inc.
  • Office Phone: (773) 745-1000
  • Listing Agent: Clemente Lopez

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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 Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is 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. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:15:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 07, 2009Home Sold
$260,000
Jan 16, 2002Home Sold
$336,000
Jun 07, 2000Home Sold
$253,000

Tax History

YEARPROP. TAXASSESSMENT
2019$6,306$31,369
2018$6,200$31,369
2017$7,186$33,366

History based on county public records data.

Payment Calculator

$2,762

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,685

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-365951
2
/10
  • Schubert Elementary School

  • 2727 N Long Ave

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-365952
6
/10
  • Falconer Elementary School

  • 3020 N Lamon Ave

  • 0.84 miles

  • Public District Grades PK-6

school-card-donut-365953
5
/10
  • Barry Elementary School

  • 2828 N Kilbourn Ave

  • 1.40 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,237. The majority of Chicago, IL residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5525 W Melrose St

What is the listing price of this property?

The listing price of 5525 W Melrose St property is $539,900.

What type of property is this?

The property 5525 W Melrose St is a house located in Chicago, Illinois, 60641.

Is this property for sale now?

Active Listing: 5525 W Melrose St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $6,306 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 7, 2009 for $260,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5525 W Melrose St has 5 bedrooms and 3 bathrooms.

Which year was this property built?

The year of construction for 5525 W Melrose St is 1927.

Rocket Homes›Illinois›Cook County›Chicago›60641›5525 W Melrose St

This home is located at 5525 W Melrose St in Chicago, IL and zip code 60641 in the Portage Park neighborhood. This home was built in 1927. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $539,900.

While more than 539 listings in Chicago, IL in October 2024 were sold above asking price, there were more than 337 listings sold at asking price, and more than 919 were sold below. The inventory of homes for sale in Chicago, IL between September 2024 and October 2024 increased by 14.5%. While the average time on the market in October 2024 was 32 days, the median list price was $360,336.

From Rocket Homes Real Estate and based on county public records data.

More Resources