4311 N Melvina Ave, Chicago, IL
7 bd · 3 ba · 0 sqft Multi-Family listed at $698,000, built in 1954 in the Portage Park neighborhood.
About this home
Welcome to 4311 N Melvina Ave, an exceptional investment opportunity in the heart of Portage Park/ Dunning neighborhood. This well appointed 2 flat offers updated interiors across the first floor and finished lower level. The first floor offers a beautifully updated kitchen (2021) with stainless steel appliances, hardwood floors throughout, 3 bedrooms, updated full bath. The second floor residence features 2 bedrooms and a full bath, filled with abundance of natural light that enhance the warm and welcoming living spaces. The finished garden-level in-law suite showcases newer flooring, a beautifully updated bath and freshly painted (2024) offering exceptional flexibility for extended living, guests accommodations, or additional private space. The building also features convenient coin laundry in the lower level. A one-car garage a fully fenced yard, and a cozy patio, this home is perfectly suited for summer gatherings or quiet mornings enjoying coffee outdoors. Home is located minutes from public transit, highways, restaurants, Six Corner shopping and dining. A distinguished property offering the perfect balance of lifestyle, flexibility, and investment potential.
Property details
- Price
- $698,000
- Bedrooms
- 7
- Bathrooms
- 3
- Year built
- 1954
- Type
- Multi-Family
- Days on market
- 16
- Est. property tax
- $14,518/yr · $1,210/mo · 2.08% IL avg
- Last sold
- $359,000 · Jan 2004
Estimated monthly payment
Can I afford this?
See what fits your income
Price history
- Apr 9, 2026$698,000Initial list price
- Jan 2, 2004$359,000Sold
- May 5, 1993$165,000Sold
- Apr 1, 1986$96,500Sold
Location
This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.
About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)
Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.
Home Intelligence
Neighborhood (zip 60634)
This neighborhood is predominantly owner-occupied (74%). Median age is 41.2; 18% hold a bachelor's degree; median household income is $82,771.
- Median income
- $82,771
- Median age
- 41.2
- Owner-occupied
- 73.9%
- Bachelor's degree
- 17.6%
- Census median home value
- $321,200
Source: US Census Bureau American Community Survey 5-year estimates.
Similar homes in Chicago
$298,000
100 E Walton St Apt 26H
1 bd · 1 ba
$505,000
1735 N Paulina St Apt 605
2 bd · 2 ba · 1,000 sqft
$410,000
215 N Aberdeen St Unit 301B
2 bd · 2 ba · 1,000 sqft
$195,000
1348 W Estes Ave Apt 3N
1 bd · 1 ba
$350,000
13401 S Avenue L
5 bd · 3 ba
$585,000
4508 S Avers Ave
7 bd · 3 ba
$729,900
155 N LA Crosse Ave
9 bd · 6 ba
$50,000
6049 S Saint Lawrence Ave
0 bd · 0 ba
Browse 8+ nearby homes on the map
See 8 more Chicago homes on the map
Open map →