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  • $430,000

    1005 N 22nd Ave, Melrose Park, IL 60160

    4beds
    --sqft
    Multi Family
    Built in 1946
    -- sqft lot
    $461,200 Zestimate®
    $--/sqft
    $2,093 Estimated rent

    Home value

    $461,200

    Estimated sales range

    Not available

    $2,093/mo

    Zestimate® history
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    What's special

    Modern finishesSleek contemporary designUpdated kitchensQuartz countertopsDurable slab foundationStainless steel appliancesShared laundry area
    Turnkey 2-Unit in Melrose Park - Fully Renovated in 2025, Fully Vacant, and Ready to Go Welcome to 1005 N 22nd Ave, a rare opportunity to own a completely updated two-flat offering modern finishes, strong rental potential, and flexibility for a variety of buyers. Whether you're an investor looking for reliable cash flow, a multi-generational household, or a buyer planning to lower your mortgage with rental income, this property delivers. Fully renovated in 2025, each unit features 2 bedrooms and 1 bathroom, with updated kitchens showcasing quartz countertops, stainless steel appliances, and sleek, contemporary design. Major systems have been replaced, including brand-new high-efficiency central heat and air, updated plumbing, and separate utilities (shared water). Additional highlights include: * Siding replaced in 2017 * Shared laundry area * Durable slab foundation for low maintenance * Both units are vacant and move-in ready * Private driveway fits up to 4 cars Located near shopping, dining, schools, and public transportation, this property blends comfort, convenience, and strong income potential. Live in one unit and rent the other, or rent both for maximum return-opportunities like this are rare. Agent has interest.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carmen Salerno 773-482-1917,

    Compass

    Bought with:

    Maria C Almaraz

    Midwest SignatureProperties Co

    Source: MRED as distributed by MLS GRID,MLS#: 12326797MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas
    Features
    • Basement: None

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, On Site
    • Has uncovered spaces: Yes
    Details
    • Parcel number: 15033350080000
    • Special conditions: Short Sale

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1946
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Melrose Park

    Financial & listing details

    • Tax assessed value: $230,000
    • Annual tax amount: $5,977
    • Date on market: 4/3/2025
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/2/2025Sold$430,000+3.6%
    Source: MRED as distributed by MLS GRID #12326797 Report a problem
    4/30/2025Pending sale$415,000
    Source: MRED as distributed by MLS GRID #12326797 Report a problem
    4/6/2025Contingent$415,000
    Source: MRED as distributed by MLS GRID #12326797 Report a problem
    4/3/2025Listed for sale$415,000+109.6%
    Source: MRED as distributed by MLS GRID #12326797 Report a problem
    1/16/2025Sold$198,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,125 +2.5%$23,000
    2023$5,977 +17%$23,000 +38.7%
    2022$5,108 -1.5%$16,577
    2021$5,187 +2.9%$16,577
    2020$5,042 +14.5%$16,577 +22%
    2019$4,405 +0.4%$13,587
    2018$4,388 +2.3%$13,587
    2017$4,290 +22.8%$13,587 +24.7%
    2016$3,492 +1.6%$10,896
    2015$3,438 +3.2%$10,896
    2014$3,331 +0.1%$10,896 -8.1%
    2013$3,327 +3.5%$11,851
    2012$3,214 +3.3%$11,851
    2011$3,110 -44.1%$11,851 -51.5%
    2010$5,568 +1.3%$24,431
    2009$5,494 +7.1%$24,431 -5%
    2008$5,128 +33%$25,717 +34.3%
    2007$3,857 +0.8%$19,149
    2006$3,825 +2.6%$19,149
    2005$3,730 +13.2%$19,149 +20%
    2004$3,296 +2.7%$15,964
    2003$3,208 +2.6%$15,964
    2002$3,128 +15.3%$15,964 +23.9%
    2001$2,712 +3.5%$12,887
    2000$2,619 $12,887
    1999$2,619 $12,887
    Find assessor info on the county website

    Neighborhood: 60160

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 89

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $461,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $461,200