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5723 S Melvina Ave
Single Family
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$369,900

$261/sqft

5723 S Melvina Ave, Chicago

69% below median
3 bd·1 ba·1,416 sqft
Built 1965Garfield Ridge

5723 S Melvina Ave, Chicago, IL

3 bd · 1 ba · 1,416 sqft Single Family listed at $369,900, built in 1965 in the Garfield Ridge neighborhood.

About this home

WOW !!! Must SEE THIS, Nicely maintained and updated raised ranch in the heart of Garfield Ridge - just a walk distance to Archer Avenue and all amenities. Main level features large living room, beautifully updated kitchen with stainless appliances, three good-sized bedrooms with ample closet space, and modernized bath. Hardwood floor thru -out and six panel all doors. Full finished basement offers a recreation room with adjacent refreshment center (possible second kitchen area), and 4 bedroom, laundry room plus a lot of storage and 2.5 car garage. Don't miss this comfortable and ideally located home - just move in and enjoy!!! Must see to appreciate !!!!!!!!!!!!!!!!!!!!!!!!!!

Property details

Price
$369,900
Bedrooms
3
Bathrooms
1
Interior
1,416 sqft
Price / sqft
$261
Year built
1965
Type
Single Family
Days on market
73
Est. property tax
$7,694/yr · $641/mo · 2.08% IL avg
Last sold
$104,000 · Feb 1992

Estimated monthly payment

Down payment20% ($73,980)
Interest rate6.75%
Principal & Interest$1,919
Property Tax$339
Insurance$150
Total$2,408/mo

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Price history

$396K$237K$77K$104K on Feb 92 (Sold)$370K on Feb 26 (Initial list)
$104K · Feb 92$370K · Feb 26
  1. Feb 12, 2026$369,900Initial list price
  2. Feb 27, 1992$104,000Sold

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 60638)

This neighborhood is predominantly owner-occupied (79%). Median age is 38.3; 16% hold a bachelor's degree; median household income is $85,374.

Median income
$85,374
Median age
38.3
Owner-occupied
78.9%
Bachelor's degree
16.2%
Census median home value
$274,100

Source: US Census Bureau American Community Survey 5-year estimates.

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