Melrose Park IL Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 5
- Year built:
- 1933
- Baths:
- 3.00
- MLS#:
- 12264337
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Courtesy: PROSALES REALTY
773-573-2800
ADDITIONAL INFORMATION
***PLEASE CLICK ON THE VIRTUAL TOUR LINKS...THERE IS ONE LINK PER UNIT***THIS ONE WILL NOT LAST!!! 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. Sold AS-IS.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1909
- Baths:
- 3.00
- MLS#:
- 12257702
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Courtesy: Realty of America, LLC
708-788-1900
ADDITIONAL INFORMATION
GREAT INVESTMENT. TWO UNIT PROPERTY WITH A FULL UNFINISHED BASEMENT AND AN IN-LAW ARRANGEMENT. PROPERTY ALSO INCLUDES A 2 CAR GARAGE. PLEASE PROVIDE PROOF OF FUNDS OR PRE-APPROVAL. INFORMATION NOT GUARANTEED. TAX PRORATION 100. SOLD AS-IS.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Year built:
- 1963
- Baths:
- 5.00
- MLS#:
- 12256743
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Courtesy: Main Street Real Estate Group
773-799-8042
ADDITIONAL INFORMATION
Incredible opportunity to own this one of a kind, multi-family property in the heart of Melrose Park! The property consists of three units; Two 3-bedroom units on the first and second floor, and one garden level 1-bedroom unit. The property is located on an oversized corner lot with a heated 2 car garage and driveway parking. All units are owner occupied unit with no leases in place which gives new ownership the opportunity for rental growth in an area with high rental demand. Great location in Melrose Park near shopping, transportation, schools, and restaurants with great investment potential.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 2005
- Baths:
- 4.00
- MLS#:
- 12209796
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Courtesy: RE/MAX Enterprises
630-964-3000
ADDITIONAL INFORMATION
MULTIPLE OFFERS HIGHEST & BEST: Buyer's highest and best offer has been requested. Offer must be submitted by 11/29/2024 11:59:00 PM. Agents please go to your same offer and respond to Highest and Best. All buyers need to respond. A GREAT OPPORTUNITY TO OWN THIS AMAZING BRICK 2 FLAT ON A TREE LINED STREET IN A PERFECT MELROSE PARK LOCATION! One of the larger 2 flat buildings. Live in one unit and rent out the other. Each spacious unit has a living room, kitchen with dinette area, plus 3 bedrooms and 2 baths. Both units with same floor plan and room sizes also have same oak cabinets, solid surface countertops, good closet space, plus stainless steel appliances. The primary bedroom has a walk-in closet plus a private master bath. Within the kitchen area, each unit has a separate furnace, hot water heater, washer and dryer. Each unit also has it's own central air conditioner as well as all utilities are separate. The yard is fenced, plus there is a detached 2 car garage as well as an additional parking space next to the garage. This 2 flat building is priced right and ready for your personal creative decorating ideas. See Broker Remarks-Agents present their Own Offers. No additional utilities turned on for either inspection, appraisal, or closing plus no additional repairs will be completed by the seller. Check that your financing matches the condition of this renovation property. No standard FHA loans. Please be sure you've viewed the property prior to entering your offer. For YOUR OFFERS: Current dated verification of all funds in name of buyer(s) needed for all loans, cash, or renovation loan purchase plus all closing costs for ALL offers. IMPORTANT_ if your offer is "cash," you will need to include verification of ALL OF YOUR BUYER'S OWN FUNDS FOR THIS PURCHASE WITHIN YOUR BUYER'S ACCOUNTS at TIME of your offer. See Seller addendum within documents for buyer/attorney to review prior to offers-no changes can be made. Listing agents can help answer your questions; however, listing agents cannot enter or change any of your offers. Agents please confirm MLS information for your buyer(s). Lot size per REMINE. Square foot per assessor. The sale of this property is made on an "As Is", "Where Is," "No Warranty," and "with All Faults" basis. For appliances, "AS IS, No bill of sale, If Any." Seller, listing agent and/or real estate company make no warranty or representation, express or implied. Taxes are 100% of last known tax bill. No survey is provided or paid for. Buyers to exercise due diligence for purchase. Property was acquired by Seller through Foreclosure. Seller and agents have no knowledge of prior matters. Melrose Park Inspection to be ordered for buyers to complete items on list after closing. SEE SAMPLE IN DOCUMENTS.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1941
- Baths:
- 2.00
- MLS#:
- 12192191
View additional info
Courtesy: Baird & Warner
708-697-5900
ADDITIONAL INFORMATION
Welcome to this charming, rent ready, 2-flat in a highly sought-after neighborhood. Each unit features 2 bedrooms, 1 bath with hardwood floors, plenty of closet space, loads of cabinet storage, rear deck off each unit, picturesque pergola, pavered patio and tons of possibilities! Live in one unit and rent the other or take advantage of the rental income from both! This property located at 1940 N 19th Avenue is being sold as a package with the adjacent parcel located at 1938 N 19th Avenue! Conveniently close to shopping, restaurants and transportation. Property is being Sold As Is.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Year built:
- 1890
- Baths:
- 2.00
- MLS#:
- 12107814
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Courtesy: Illinois Real Estate Partners Inc
630-560-1001
ADDITIONAL INFORMATION
Ideal investment!! 2-unit building on a double lot updated throughout the last few years. Convenient location steps from restaurants, groceries, and entertainment and close proximity to highways and main roads. 1st floor has been freshly painted and has 3 bedrooms, living and eat-in kitchen. 2nd floor has 2 bedrooms and a large eat-in kitchen. Full unfinished basement with exterior access for additional space! Both units have gas forced heat and central for optimal comfort. Detached 700 sq. ft. garage in rear has been enclosed, making it ideal for a workshop and/or storage! Plenty of parking on driveway and rear of building right off alley! Great investment opportunity awaits savvy buyer!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1893
- Baths:
- 2.00
- MLS#:
- 12085900
View additional info
Courtesy: Triple A Real Estate, LLC.
630-271-1006
ADDITIONAL INFORMATION
LARGE PRICE REDUCTION!! BOTH UNITS ALMOST LIKE NEW Each Unit has its OWN CENTRAL AIR CONDITIONING UNIT. Live in one and rent the other to help with mortgage.Super Highly Motivated Seller, will consider all offers! This professionally renovated property boasts modern upgrades including new AC units (2) and furnaces (2), new insulation was installed on the two units, for energy savings, updated electrical and plumbing systems, and brand new custom kitchen cabinets with stunning quartz countertops and new appliances. Enjoy new flooring throughout both units, beautifully updated bathrooms with new fixtures, newer and some brand new windows, new interior doors, stylish new light fixtures, and new front and back stairs. Situated on an oversized lot, this home offers ample space for gatherings and entertainment, along with plenty of parking. Conveniently located near highways and public transportation, this property is a must-see! Don't miss out on this incredible opportunity-schedule your showing today!
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Melrose Park Real Estate
The median home value in Melrose Park, IL is $320,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Melrose Park, IL is $320,000. Approximately 49.65% of Melrose Park homes are owned, compared to 43.02% rented, while 7.33% are vacant. Melrose Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melrose Park real estate agent to arrange a tour today!
Melrose Park, Illinois has a population of 25,417. Melrose Park is more family-centric than the surrounding county with 34.36% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Melrose Park, Illinois is $58,871. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Melrose Park is 33.9 years.
Melrose Park Weather
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 38.1 inches per year, with 37.2 inches of snow per year.