Properties

Features
: Natural Gas
: Full , Walkout
: Public Sewer
Address Map
US
IL
Cook
Melrose Park
60160
23
101
Avenue
E3° 22' 21.1''
N50° 36' 20.5''
LAKE ST (East of 25th) TO 23RD AVE; SOUTH TO PROPERTY
Melrose Park
Melrose Park
N
N
Neighborhood
89
209
89
Additional Information
3
: Corner Lot
2644
https://my.matterport.com/show/?m=a T6Ymp6L8Hh
: Public
PROSALES REALTY
Angel Rosales
Financial
8055.2
Listing Information
899313
86432
MRED
: None
Listing Information
Active
2025-01-26T00:08:01Z
2025-01-09T06:05:25Z
Property Description

***PLEASE CLICK ON THE VIRTUAL TOUR LINKS…THERE IS ONE LINK PER UNIT*** This charming 3 Unit building is nestled in the heart of Melrose Park, offering a fantastic opportunity for investors or multi-family living. Here is your opportunity to own a part of Melrose Park History via this 3 Unit property on an OVERSIZED LOT, with ample parking. Forget the hassle of street parking! This property provides an oversized- three car garage, four exterior parking spaces, and plenty of convenient off-street parking, ensuring residents have a designated spot for their vehicles. All units are on month-to-month rental agreements with occupants, with NO LEASES in place which gives new ownership the opportunity for rental growth in an area with high rental demand. Occupants are longtime family friends that have grandfathered in rents. Amazing location near schools, parks, restaurants, shops, public transportation and so much more. With three units, this property offers an excellent opportunity for generating multiple income streams. Whether you decide to rent out all units or live in one and rent out the others, the potential for substantial returns is within reach. This may be the one you’ll want to call home or add to your portfolio.

Residential Income For Sale

101 N 23 Avenue, Melrose Park, Illinois 60160

  • Bedrooms : 5
  • Bathrooms : 3
$550,000
Listing ID#12264337
QR Code
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 12264337
Price : $550,000
Bedrooms : 5
Rooms : 17
Bathrooms : 3
Year Built : 1933
Listing Status : Active
Roof
Roof : Asphalt
Contact Agent