Closed

$475,000

101 23 Avenue, Melrose Park, IL 60160
5 Beds3 Baths66 days
101 23 Avenue·Melrose Park, IL 60160
5Bedrooms
3Bathrooms
1933Year Built
About This Home

***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.

MLS# 12443661Listed August 11, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms17

Size & Structure

Garage Spaces3
Year Built1933
Lot Size2644

Location

CountyCook
TownshipProviso
Zip Code60160

Financial

List Price$475,000
Annual Taxes (2023)$8,055
Monthly Tax Est.$671
Parcel #15101020330000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFullWalk-Out Access
Exterior & Lot

Construction

Brick

Roof

Asphalt

Lot Features

Corner Lot
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

YesGarage OwnedDetachedOwnedGarage
Tax & Financial
Annual Taxes
$8,055
Tax Year 2023
Monthly Tax Est.
$671
per month
Property Location

101 23 Avenue, Melrose Park, IL 60160 — Cook County

$475,000
101 23 Avenue
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
66 days on market
3-car garage
2644
$8,055/yr taxes
$3,168
estimated monthly payment
Principal & Interest
$2,496/mo
Property Tax
$671/mo
$475,000
20% — $95,000
3%50%
6.875%
3%12%
Loan Amount
$380,000
Down Payment
$95,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
PROSALES REALTY
Agent: Angel Rosales
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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