The median home value in Melrose Park, IL is $334,500.
This is
higher than
the county median home value of $214,400.
The national median home value is $219,700.
The average price of homes sold in Melrose Park, IL is $334,500.
Approximately 45.06% of Melrose Park homes are owned,
compared to 48.37% rented, while
6.57% 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!
Spacious two bedroom, two bath condo with balcony views of the woods. Large eat in kitchen with stainless steel appliances and granite counters. Laundry in unit, two parking spaces, one indoor one out. Upgrades made throughout, active adult community with great amenities. Storage, roof top hot tub and exercise room.
Nicely maintained 3-bedroom brick ranch with finished lower level. Good size living room with Hardwood floors. Nice kitchen with wood cabinets & ceramic tile floors and bay window. 3-good size bedrooms with closets & hardwood floors. Updated full bath with ceramic tile. Full partially finished basement with 1/2 Bath in laundry room. Full fenced yard with concreate patio adjacent to 2.5 car garage. Updated windows thru-out, 6-penal oak doors on main floor. New tear-off roof on home 2024. Home is in good condition but been Sold AS/IS.
Three bedroom bath and a half Ashley in a great neighborhood. Close to school, shopping and transportation. Private park like yard. New tear off roof, siding and gutters 2019. Bring your decorating ideas. Sold "as is".
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.
Winston Park Beverly Model. Nice 3 bedrooms, 3.5 baths, Finished basement with full bath. Hardwood floors under carpet and tile, Corian counters in kitchen, Plenty of storage throughout. All windows have been changed, Bedroom windows also have storms and screens, Central air 1 year. Boiler 1 year, Alarm, Flood control with battery backup. Home is very clean and in move in condition!
Brick 2 flat in excellent location. 2 car brick garage. Building has been well maintained by owner. Both kitchens are eat in. All windows have been changed. New hot water tank. Roof 8-10 years. Sewer backup flood control installed with battery backup. 200 Amp electric service, Roof 8-10 years. Tenants M/M. See broker remarks for appointments.
Welcome to your stylish new home! This move-in ready townhouse offers the perfect blend of comfort and convenience. Located within easy reach of schools, parks, and top retailers like Jewel, Cermak Fresh Produce, Aldi, Walmart, and Target, you'll have everything you need right at your doorstep. Inside, you'll find three spacious bedrooms, a cozy living room, and a bright, eat-in kitchen. The kitchen, fully remodeled in 2024, boasts sleek new cabinets, countertops, flooring, and a modern microwave-perfect for today's lifestyle. Downstairs, the large recreation room offers versatile space for entertainment or relaxation. Stay comfortable year-round with central air and heating. This home is ideal for first-time buyers or families looking for quality and value. Additional improvements include, new kitchen, updated baths, original hardwood flooring, newer HVAC, newer windows, 100 amp service and much more.
Incredible investment opportunity! This beautifully maintained property in Melrose Park consists of two units along with a full, unfinished, walk-out basement equipped with coin operated washer and dryer. Main level unit is 3 bedrooms, 1 bathroom and second level unit is 2 bedrooms, 1 bathroom. Large corner lot with backyard area, detached garage and two additional parking spaces in rear. Great location in Melrose Park with great investment potential.
Sharp Duplex with first floor 3rd bedroom with half bath. Newer roof on house and garage (2012). Newer kitchen with Granite countertops and appliance ( 2012), Newer HVAC (2012 ). 2 car garage with attached 17'2 x 9.6" enclosed 3 season room and 24' X 17'6" concrete patio, with garden area and fenced. Finished Lower level family room with ceramic tile floor, Utility room, with Washer, Dryer, and storage area. Half block from Grammer School, and blocks to Winston Plaza shopping. Village certification obtained! Ready to close!
Welcome to this beautiful updated 2-bedroom, 2-bathroom home! The main living areas feature crown molding and wood floors and plenty of light. The kitchen features lots of cabinet space, granite countertops, stone backsplash, and a separate dining area. The full bathroom upstairs includes a bathtub; the full bathroom in the basement features a beautiful walk-in shower. The finished basement serves as an additional living area with a laundry room. The large, fully fenced backyard is great for entertaining, featuring a walkout composite wood deck and maintenance-free stamped concrete patio and walkway, plus a detached 2-car garage with alley access. Ready to move in!
Attention Investors A Fantastic Opportunity in the hard of Melrose Park 1 1/2 story home with 3 bedrooms, 2 bathrooms and a 2 car detached garage! double overhead doors LONG TIME tenant occupied willing to stay current RENT $1500 MTM Property is being sold in as-is condition. The seller does not make any representations or warranties as to its condition& dimensions. Taxes pro-rated at 100% Buyer responsible for any and all inspections, village escrows and repairs. Seller does not provide survey purchase these property and start collecting money at time of closing
BEAUTIFULLY MAINTAINED EXPANDED CAPE COD WITH 4 BEDROOMS,2 1/2 BATHS, LARGE KITCHEN AND A BATH ON EVERY LEVEL. HARDWOOD FLOORS. FIREPLACE IN LIVING ROOM. THE BASEMENT IS FINISHED WITH ARECREATION ROOM AND HALF BATH, NEWER 2 1/2 CAR GARAGE. CLOSE TO A MILE OF SHOPPING, BUS-TRAIN TRANSPORTATION AND MORE. CLEAN BLOCK. A MUST SEE AND A MUST OWN.
This charming brick single-family home in Melrose Park presents a fantastic opportunity for buyers seeking a move-in ready property. Boasting three bedrooms and a recently updated bathroom, this home offers comfortable living spaces and modern conveniences. The convenient location provides easy access to the expressway, a variety of shops, restaurants, schools, and recreational activities. Don't miss out on the chance to make this lovely home yours in the vibrant community of Melrose Park! Features include: Hardwood flooring, can lighting, generous closet/storage space, central air, large windows that capture lots of natural sunlight, 2 car garage & fenced in backyard. Beautiful new kitchen (2022) showcasing granite counter, 42" cabinets, new stainless steel appliances (2022). Separate utility room with space for washer/dryer. Updates also include brand new bathroom (2022), new electrical (2022), new roof on house & garage (2022), new plumbing (2022), tuckpointing (2022).
RARE! 2024 New Construction by experienced local builder. 2 Story - 4 Bedrooms (Including 2 Master Bedrooms with en-suite on each level). Approximately 2400 sq. ft. 10' ceilings throughout 1st floor. It won't last. ***All Interior Pictures are of a similar completed home by the same Builder***
Great opportunity to own this rare legal 3-flat with huge 3 bed/2 full bath apartments in Melrose Park, suitable for an investor or an owner-occupant. All units are rented month-to-month; rents are under market price, leaving room for the new owner to increase them. New driveway and parking with 6 spots. Close to shops, stores, and restaurants. Schedule your tour today.
Handsome free standing office building consisting of 6 units. Can be reconfigured and/or build out to suit. High visibility, located on BUSY NORTH AVE. Each unit with separate electric and gas. Common/waiting areas on both upper and lower floors. 3 units currently occupied with a Law Office, a Temp Service, and a Construction Co. The other 3 units are available for new owner or can be leased. Located close to major highways and close proximity to O'Hare airport and downtown Chicago.
Three unit property on double lot. Primary building has 2 legal units and an in-law arrangement in the basement. Coach house is grandfathered in with three bedrooms and recently updated. Current rents are due to longer term tenants; however, large margin to increase rents to market rate. Property has 4 gas meters and 4 electric meters. Electric has recently been updated with new service and panels. Each tenant pays their own electric and gas bill. Concrete work completed in 2022 along with roof for coach house. Roof of main building was done in 2017. 10 parking spaces available.
You will enjoy this beautiful building that is well cared for. 2 Bed, 2 Bath condo with redwood floors. Plenty of windows and the view of the woods is a pleasure. All stainless appliances in the large kitchen, with tile flooring. Remote control blinds. A nice laundry and utility room. A party room and a mail room on the first floor. Workout room and a hot tub on the top floor. 2 elevators. Indoor heated parking, space 15, first floor. A delightful community inside. Owner is a Licensed Illinois Real Estate Broker. Active Adult over 55+. 20% can be under 55, no children under 18. Building has very healthy reserves. No Senior or Homeowner exempt for 2023. Homeowner exemption for 2024 not available for present owner, Senior taxes for 2024 will be discounted $689.20.
Welcome to a lucrative opportunity nestled in the heart of Melrose Park, where prime real estate meets exceptional potential. This property offers a blend of comfortable living space and exceptional rental income potential, making it ideal for investors looking to maximize returns in the real estate market, as well as a unique option to have a unit to reside in. This investment gem sits within close proximity to constantly developing shopping centers, major highways, schools, parks, and public transportation. Its strategic location not only enhances its desirability for tenants and investors alike, but also presents long-term appreciation in property value. A well-maintained 4-unit brick building comprises of three spacious 2-bedroom apartments and one large single-bedroom unit. A Large laundry room with coin operated washer and dryer and additional storage for each apartment. A Shed located in the back of the property, along with a common picnic area. The building also has 5 parking spots, a highly-desirable feature in the area. The building is equipped with a newer roof and gutters (2017) as well as new fire-resistant doors. All units are currently occupied by long-term tenants. With the current lower rents, the capitalization rate is 6.15 precent . With brought up to market value rent, the capitalization rate rises above 8.4 precent ! This property offers investors a rare opportunity for substantial returns on their investment in today's flourishing market. Whether you're looking to diversify your portfolio, generate passive income, or secure a residence with income potential, this investment promises to deliver both financial rewards and lifestyle benefits. One of the owners is a licensed real estate agent.
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!
Convenient to major transportation routes industrial building on 1.06 acre parcel. 19,500sf shop space with additional 2,700sf office space. Enclosed decked 20x34 shop storage provides additional work/storage, 30 vehicle parking. 2 fenced lots. 480v 3 phase power. Shop ceiling 13'-20' clear. 3 large drive-in doors. Energy efficient LED shop lighting. 8" thick shop floor to support heavy equipment. Office features 6 private office, conference & drafting rooms & large general office space w/reception area. Great location near I-294, I-290 & O'Hare Airport. Current owner use this space as the storage.
ATTENTION: INVESTORS & RESTAURANT OWNERS. TAKE A LOOK AT THIS MIXED USE BUILDING LOCATED STEPS AWAY FROM THE MELROSE PARK METRA STOP AND ACROSS THE STREET FROM POLICE STATION. FIRST FLOOR IS A WELL ESTABLISHED BUSINESS FOR MORE THAN 13 YEARS "EL JIRABITO". BUSINESS INCLUDED IN THE PRICE WITHOUT INVENTORY. SECOND FLOOR HAS AN APARTMENT WITH 2 BEDROOMS, LIVING ROOM, KITCHEN , DINING ROOM. APARTMENT AND RESTAURANT HAS BEEN REMODELED IN 2020: KITCHEN REMODELED WITH NEW KITCHEN HOOD, KITCHEN SUPPRESSION SYSTEM, ELECTRIC, PLUMBING, HEATING, DUCK WORK, WALLS, A/C, HOT WATER TANK, FURNACE, KITCHEN CABINETS ON SECOND FLOOR, BATHROOMS WERE ALSO REMODELED. ROOF WAS DONE IN 2018. THE LOT ADJACENT IS NOT PART OF THE DEAL BUT OWNER IS RENTING FOR $1000 A MONTH EXTRA. NOW IT'S LIKE A MINI BAR AND ENTERTAINMENT AREA. IT'S A GREAT OPPORTUNITY. UNFORTUNATELY OWNER HAS TO MOVE OUT OF STATE. MAKE YOUR APPOINTMENT TODAY!!!!
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.
GREAT INVESTMENT PROPERTY. PLEASE PROVIDE PROOF OF FUNDS OR PRE-APPROVAL. INFORMATION NOT GUARANTEED. SOLD AS-IS.
Come and see this beautiful house ready for you to move in! Solid brick 3 beds 2 baths house with newer windows, roof, baths, kitchen, hardwood floors, A/C and a bedroom in the lower level. House has a side driveway and a big back yard for your enjoyment. Make it yours!