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1511 N 16th Avenue

Melrose Park, IL 60160
  • $549,900
  • STATUS: Active Under Contract
  • ON SITE: 141 Days
  • MLS #: 11903294
Under Contract
UPDATED: 168 min ago
$549,900
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1972
County:
Area:

School Ratings & Info

School District:
89

Description

Nestled in the heart of Melrose community, this meticulously maintained 3-flat property offers an exceptional investment opportunity.Whether you're a seasoned investor or a first-time buyer, this property offers a promising return on investment. The well-maintained units and excellent location ensure consistent rental demand. This 3-flat property in Melrose park, is a rare find in today's market. With its well-maintained units, ample parking, and desirable location, it presents an outstanding opportunity for investors seeking both immediate returns and long-term value appreciation. Don't miss out on this gem - schedule a viewing today!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-24T23:58:02.89 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1511 N 16th Avenue Melrose Park, IL 60160

  • Price: $549,900
  • Status: Active Under Contract
  • On Site: 141 Days
  • Updated: 168 min ago
  • MLS #: 11903294
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1972
Built
Neighborhood:
Melrose Park
County:
Cook
Area:
Melrose Park
School District:
89
Property Description
Nestled in the heart of Melrose community, this meticulously maintained 3-flat property offers an exceptional investment opportunity.Whether you're a seasoned investor or a first-time buyer, this property offers a promising return on investment. The well-maintained units and excellent location ensure consistent rental demand. This 3-flat property in Melrose park, is a rare find in today's market. With its well-maintained units, ample parking, and desirable location, it presents an outstanding opportunity for investors seeking both immediate returns and long-term value appreciation. Don't miss out on this gem - schedule a viewing today!
Exterior Features

Exterior Building Type Brick Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 2 Flat Parking Details Space/s Parking Features Assigned Parking Onsite Yes Parking Ownership Owned Parking Total 6 Roof Flat Waterfront YN No

Interior Features

Basement Finished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 3 Half Baths In Building 2 Heating Natural GasRadiator(s) Rooms Total 14

Property Features

Age 51-60 Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Melrose Park General Information None Gross Income 4900 Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 11442.31 Tax Year 2021 Total Numberof Unitsin Building 3 Total Rental Income 4900 Township Proviso Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Homesmart Connect LLC: 847-495-5000.


© 2024 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-02-24T23:58:02.89 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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