Active
4133 Melrose Street
Chicago, IL 60641
$569,000
6beds
4baths
—sqft
Anything from "is it priced right?" to "what's the catch?"
About this home
Beautifully maintained brick multi-unit property on a quiet, tree-lined street in Avondale/Irving Park. This spacious and versatile building offers three well-designed living spaces, ideal for investors, owner-occupants, or multi-generational living. The top floor features a bright and expansive 3-bedroom, 2-bath unit with generous living and dining areas, abundant natural sunlight, and a functional layout. The main floor offers a comfortable 2-bedroom, 1-bath unit with large windows and spacious living areas. The lower level provides additional finished living space with separate exterior access, offering flexibility for extended family, guests, or additional income potential. All units feature independent central heat and A/C and separately metered electric/gas. Property improvements include newer roof, newer windows, brick tuck-pointing, newer furnaces, and central air systems. Enjoy a large backyard deck perfect for grilling and entertaining, plus a 2-car garage. Rents are currently below market value and month to month or expiring soon, presenting an excellent value-add opportunity. Conveniently located near shopping, restaurants, parks, schools, and public transportation. A fantastic investment opportunity in one of Chicago's most sought-after neighborhoods.
MLS Description — as provided by the listing brokerage.
Location
The facts
Property typeResidential Income
Year built1924
Age band100+ Years
Garage spaces2
Total parking2
Lot dimensions50X100
AreaCHI - Irving Park
Bedrooms (total)6
Annual tax$7,801.63
First listedMay 14, 2026
Parcel #13224360090000
CountyCook
MLS #MRD12649048
Days on market1
Photos53
Features
Heating
Natural Gas
Parking
YesGarage OwnedDetachedGarage
Construction
Brick
Sewer
Public Sewer
Listed by
Instavalue Realty Inc
Kazimierz Leja · 773-395-2556
Listing courtesy of mred MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 5/15/2026, 2:49:04 AM. All data should be independently verified.
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