# 5438 W Melrose Street, Chicago, IL 60641 > **TL;DR:** 5bd/3ba single family, $559,900 ($224/sqft), built 1924, 2,500 sqft. > Fireplace, Hardwood, A/C, 2-car garage. Est. $2,994/mo. Listed 20 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $559,900 | | Price/sqft | $224 | | Bedrooms | 5 | | Bathrooms | 3 full | | Square Feet | 2,500 | | Year Built | 1924 | | Stories | 2 | | Garage | 2-car | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 20 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,831 | | Estimated Insurance | $163 | | **Total** | **$2,994** | ## Key Amenities - Fireplace - Hardwood - A/C - 2-car garage ## Property Highlights - Built in 1924 - 2 stories - 2 parking spaces - Fireplace ## Description ### Agent 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! ## Location - **Address:** 5438 W Melrose Street, Chicago, IL 60641 - **County:** Cook - **Coordinates:** 41.939793, -87.763164 - **Google Maps:** https://www.google.com/maps?q=41.939793,-87.763164 ## Listing Agent - **Name:** David Jaracz - **Brokerage:** David Jaracz - **Broker Phone:** (773) 710-4376 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5438-W-Melrose-St_Chicago_IL_60641_M71989-66113?f=listhub&s=MREDIL&m=12784810&c=propsimple) ## Photos ![5438 W Melrose Street - Photo 1](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f1364429772r.jpg) ![5438 W Melrose Street - Photo 2](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2543520822r.jpg) ![5438 W Melrose Street - Photo 3](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f1409124289r.jpg) ![5438 W Melrose Street - Photo 4](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3551404272r.jpg) ![5438 W Melrose Street - Photo 5](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f729471320r.jpg) ![5438 W Melrose Street - Photo 6](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f145893419r.jpg) ![5438 W Melrose Street - Photo 7](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3890963369r.jpg) ![5438 W Melrose Street - Photo 8](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f591330982r.jpg) ![5438 W Melrose Street - Photo 9](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f1045324406r.jpg) ![5438 W Melrose Street - Photo 10](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2893423404r.jpg) ![5438 W Melrose Street - Photo 11](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f883218878r.jpg) ![5438 W Melrose Street - Photo 12](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2833096239r.jpg) ![5438 W Melrose Street - Photo 13](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3536074643r.jpg) ![5438 W Melrose Street - Photo 14](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f1118256379r.jpg) ![5438 W Melrose Street - Photo 15](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f696117433r.jpg) ![5438 W Melrose Street - Photo 16](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2455455643r.jpg) ![5438 W Melrose Street - Photo 17](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3542770842r.jpg) ![5438 W Melrose Street - Photo 18](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f4270893998r.jpg) ![5438 W Melrose Street - Photo 19](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f1362488911r.jpg) ![5438 W Melrose Street - Photo 20](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2320423082r.jpg) ![5438 W Melrose Street - Photo 21](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f1468733520r.jpg) ![5438 W Melrose Street - Photo 22](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2133998779r.jpg) ![5438 W Melrose Street - Photo 23](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2828298012r.jpg) ![5438 W Melrose Street - Photo 24](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3324995344r.jpg) ![5438 W Melrose Street - Photo 25](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3875672275r.jpg) ![5438 W Melrose Street - Photo 26](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2447359944r.jpg) ![5438 W Melrose Street - Photo 27](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3916157674r.jpg) ![5438 W Melrose Street - Photo 28](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3155289300r.jpg) ![5438 W Melrose Street - Photo 29](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2999363175r.jpg) ![5438 W Melrose Street - Photo 30](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2384672r.jpg) ![5438 W Melrose Street - Photo 31](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3962897455r.jpg) ![5438 W Melrose Street - Photo 32](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f1807339562r.jpg) ![5438 W Melrose Street - Photo 33](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2780401669r.jpg) ![5438 W Melrose Street - Photo 34](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f954290191r.jpg) ![5438 W Melrose Street - Photo 35](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3930761403r.jpg) ![5438 W Melrose Street - Photo 36](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f391324126r.jpg) ![5438 W Melrose Street - Photo 37](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f3607060887r.jpg) ![5438 W Melrose Street - Photo 38](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2068966840r.jpg) ![5438 W Melrose Street - Photo 39](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f2154378795r.jpg) ![5438 W Melrose Street - Photo 40](http://lh.rdcpix.com/623454d767891496396344a24282ea06l-f183357317r.jpg) --- **MLS#:** 12784810 | **Updated:** 2026-10-29 **Source:** listhub *Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/5438-w-melrose-street-chicago-il-60641-72a8f9e0e66d456eaa98c385f0eb7ddf) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5438-w-melrose-street-chicago-il-60641-72a8f9e0e66d456eaa98c385f0eb7ddf#listing", "url": "https://www.propertysimple.ai/listing/5438-w-melrose-street-chicago-il-60641-72a8f9e0e66d456eaa98c385f0eb7ddf", "name": "5438 W Melrose Street, Chicago, IL 60641", "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. 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