Active
101 N 23 Avenue
Melrose Park IL, 60160
$550,000
Active
5 Beds
3 Baths
Multi-family
Built in 1933
Courtesy of PROSALES REALTY
***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.
12264337
MLSⓇ ID
January 4, 2025
Listed
January 26, 2025
Updated
Map
101 N 23 Avenue
Melrose Park IL, 60160
Interior Features
Bedrooms
5
Total Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Features
Corner Lot
Roof
Asphalt
Sewer
Public Sewer
School Information
School District
89
Other Property Details
Area Name
Melrose Park
Taxes
$8,055
Tax Frequency
Annually
Days on Market
23
Garage
Yes
Garage Spaces
3
Parking Total
7
View
No
County
Cook
Municipality
Proviso
Water Source
Public
Pool
No
Courtesy of PROSALES REALTY, Angel Rosales,
Listing Contact: 773-573-2800
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than LW Reedy Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 1/26/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 12:37 AM UTC, 1/26/2025
