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5354 Melvina Ave

Chicago, IL 60638

2 bd 2 ba 924 sqft Built 1956 Lot 4,373 sqft single_family
Most recent sale
$281,000
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $281,000 MLS #11483499
Sep 28, 2022 Price changed $269,900 MLS #11483499
Aug 29, 2022 Price changed $270,900 MLS #11483499
Aug 19, 2022 Price changed $299,900 MLS #11483499
Aug 15, 2022 Price changed $319,900 MLS #11483499
Aug 11, 2022 Price changed $344,900 MLS #11483499
Aug 4, 2022 Listed $349,900 MLS #11483499
Jul 9, 1998 Sold $145,000 Public Record
Jun 7, 1994 Sold $126,500 Public Record
Mar 11, 1991 Sold $90,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $19,531 $5,468 $24,999 $4,599
2022 $19,531 $5,468 $24,999 $3,897
2021 $19,531 $5,468 $24,999 $724
2020 $16,890 $4,375 $21,265 $752
2019 $19,253 $4,375 $23,628 $751
2018 $19,253 $4,375 $23,628 $739
2017 $14,383 $3,937 $18,320 $2,633
2016 $14,383 $3,937 $18,320 $1,210
2015 $14,383 $3,937 $18,320 $1,164
2014 $13,495 $3,718 $17,213 $1,154
2013 $13,495 $3,718 $17,213 $1,159
2012 $13,495 $3,718 $17,213 $1,085
2011 $19,315 $4,812 $24,127 $1,034
2010 $19,315 $4,812 $24,127 $935
2009 $19,315 $4,812 $24,127 $878
2008 $20,772 $5,074 $25,846 $938
2007 $20,772 $5,074 $25,846 $1,023
2006 $20,772 $5,074 $25,846 $1,086

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
924 sqft
Lot size
4,373 sqft
ZIP code
60638
City
Chicago
Street
Melvina Ave
Coordinates
41.79455, -87.77735

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,663
Gross rental yield
7.10%
Implied cap rate
4.62%
Trend-extrapolated value

Frequently asked questions

When did 5354 Melvina Ave last sell?
5354 Melvina Ave most recently sold on Oct 20, 2022 for $281,000.
What is the current tax assessment for 5354 Melvina Ave?
The most recent total assessment for 5354 Melvina Ave (year 2023) is $24,999 with $4,599 in property tax.
How does 5354 Melvina Ave's assessment compare to its last sale price?
The current assessment is 91.1% below the last sale price of $281,000.
When was 5354 Melvina Ave built?
5354 Melvina Ave was built in 1956.
How does 5354 Melvina Ave compare to others on Melvina Ave?
We track 8 other properties on Melvina Ave. Browse the list under "Other properties on Melvina Ave" to compare beds, baths, and sale history.
What are the property facts for 5354 Melvina Ave?
5354 Melvina Ave is a 2 bed, 2 bath, 924 sqft, 4,373 sqft lot single_family.
Is 5354 Melvina Ave a flip candidate?
No — 5354 Melvina Ave does not appear in our flips dataset.
Is 5354 Melvina Ave a tax-appeal candidate?
No — 5354 Melvina Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$442.4K
2026 Q4
$458.6K
ZIP 60638 — Median Price History + Forecast

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