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Ro Malik

ro@chicagohomes360.com +1(312) 208-1184

$ 480,000

Est. payment -/mo

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Active

2029 19th AVE Melrose Park, IL 60160

6 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12626222

Bedrooms 6

Year Built 2005

Annual Tax Amount $13,696

Tax Year 2023

Lot Dimensions 5,704 sqft

Property Sub-Type Two to Four Units

Property Description

MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE 04/28 AT 5pm. Solid brick 2-flat in the heart of Melrose Park, ideal for investors! Both spacious units offer 3 bedrooms, 1.5 bathrooms, central air, in-unit laundry, and separate utilities, with modern layouts and private entrances. The second unit is currently rented for $1,800/month and features a new water heater, while the first unit is leased at $1,900/month - bringing total monthly rental income to $3,700. Rental comps in the area show potential up to $2,100/month, leaving room to increase cash flow. The property also includes a rare 7-car parking pad in the rear. Conveniently located near schools, shopping, parks, and expressways. A great opportunity for investors looking to add a fully occupied, income-producing property to their portfolio. Please note: photos of Unit 1 are from a previous tenant.

Location

State IL

County Cook

Area Melrose Park

Zoning OTHER

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace N

Exterior

Community Features Sidewalks, Street Lights

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Rhodes Elementary School

Middle Schools Rhodes Elementary School

High Schools Rhodes Elementary School

School District 84.5 , 84.5, 84.5

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Joseph Carrizales of Keller Williams Premiere Properties

Ro Malik

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+1(312) 208-1184

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Ro Malik

2029 19th AVE Melrose Park, IL 60160

Key Details

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Rooms

Interior

Exterior

Building

Schools

Others

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2029 19th AVE