Properties

Features
: Window Unit(s)
: None
Address Map
US
IL
Cook
Melrose Park
60160
1st
1670
Avenue
W88° 9' 54.3''
N41° 54' 11.5''
Cumberland to North Ave JUST SOUTH OF NORTH AVENUE Is N 1st Ave To Building
Melrose Park
Melrose Park
N
N
OTHER
Additional Information
3510
: Brick , Stone
: Multi-Family
Circuit Breakers
Circuit Breakers
45X152
6
6
3
Century 21 Circle
Kief Mkrdichian
Financial
11435
Listing Information
107620
10560
MRED
Listing Information
Contingent
2026-08-13T15:42:03Z
2026-08-13T15:41:56Z
Property Description

Prime Investment Opportunity – Well-Maintained 6-Unit Brick Building Outstanding location! This attractive, free-standing ALL brick and stone 6-unit building has an exceptional rental history and has never been vacant. Conveniently located just steps from the new Amazon Fulfillment Center, this property offers strong rental demand and excellent investment potential. The building features: Five spacious 2-bedroom units, One 1-bedroom unit, A total of 10 parking spaces Recent improvements include: New concrete driveway with parking for 4 vehicles in front and 2 New Concrette-car parking in the rear, plus asphalt parking for the remaining spaces Total (10 Car Parking), ALL New Roof, gutters, and aluminum soffits, Some newe windows, Several updated bathrooms, New owned coin-operated washer and dryer, providing additional income, Newer tuckpointing, Current rents offer significant upside potential, as all rents include heat and cooking gas. With market-rate adjustments, a new owner may have the opportunity to substantially increase rental income. Ideally located near shopping, transportation, restaurants, and other everyday conveniences, this is a rare opportunity to acquire a solid, income-producing property in a high-demand location.

Commercial Sale For Sale

1670 N 1st Avenue, Melrose Park, Illinois 60160

$869,000
Listing ID#12726844
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12726844
Price : $869,000
Year Built : 1960
Listing Status : Active Under Contract
Contact Agent