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$469,000
5
beds
3
baths

4937 W Melrose Street
Chicago, Illinois 60641

New / MLS #12735543 / Multiple Unit (2-4) / Portage Park
Listing information updated 9/21/2026 at 6:03pm
Investor/Handyman Special - 5 Bed, 3 Bath in Chicago! Spacious 5-bedroom, 3-bathroom home in Chicago, offering plenty of room and strong potential for the right buyer. This home needs work and is being sold strictly as-is - a great opportunity for an investor or hands-on buyer looking to add value. With 5 bedrooms and 3 full baths, this is a rare find for large families, multi-generational living, or an investor targeting a strong rental or resale after updates. Located in Chicago's Portage Park area, close to shops, dining, schools, and transportation. Cash or Conventional-financing buyers preferred. Schedule your showing today! Selling AS-IS!

See it in person

Open House

10:00am - 12:00pm 9/26/26

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Exterior Type:
Aluminum Siding,Vinyl Siding,Steel Siding
Basement:
Finished,Full
Beds Above Grade:
5
Heating System:
Natural Gas
Pool:
No
Age:
100+ Years
Roof Type:
Asphalt
Parking Type:
Garage - Yes,Garage Owned,Detached,Garage
Parking Spaces:
2
Garage:
Detached
Room Count:
15
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$7,176
Tax Year:
2024
Zip Code:
60641
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
Falconer Elementary School
Middle School:
Foreman High School
High School:
Kelvyn Park High School

Listing Office: RE/MAX Partners

Listing Office Phone: 708.484.2300

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 9/21/2026 at 6:03pm. 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 listings have been excluded from this website.

Portage Park

Portage Park, IL

As the city’s streetcar line was extended in the early 20th century, residents discovered Portage Park, a small enclave on the city’s Northwest Side. The neighborhood was a breath of fresh air for residents escaping crowded city tenements. Today’s residents still enjoy the respite that the nei...

Metra

Metra
Milwaukee District North line at Grayland Metra
$505,499
Average Sale Price
41
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 4937 W Melrose Street, Chicago, IL 60641
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4937 W Melrose Street, Chicago, IL 60641 is a multiple unit (2-4) currently listed at $469,000. 4937 W Melrose Street features 5 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since September 21st, 2026 and was built in 1923. Nearby schools include Falconer Elementary School, Foreman High School, and Kelvyn Park High School. The nearest transit stops include Grayland Metra Metra Milwaukee District North line.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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