$550,000

101 N 23 Avenue, Melrose Park, IL 60160

  • 5 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1933
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

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.

Listing Status:
Active
Listing Office:
PROSALES REALTY : 773-456-4646
Listing Agent:
Angel Rosales : 773-456-4646
MLS ID:
12264337
  • Rooms: Utility Room-Lower Level
  • Basement: UnfinishedFullWalk-Out Access
  • Heating: Natural Gas

This listing courtesy of Angel Rosales, PROSALES REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Proviso East High School

807 S 1st Ave, Maywood, IL, 60153

Grades 9-12

1.63 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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