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  • $460,000

    101 N 23rd Ave, Melrose Park, IL 60160

    5beds
    --sqft
    Multi Family
    Built in 1933
    -- sqft lot
    $476,900 Zestimate®
    $--/sqft
    $2,084 Estimated rent

    Home value

    $476,900

    $429,000 - $529,000

    $2,084/mo

    Zestimate® history
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    $3,272/mo

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    What's special

    Four exterior parking spacesOversized- three car garageOversized lotAmple parking
    ***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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angel Rosales 773-573-2800,

    PROSALES REALTY

    Bought with:

    Ryan Reynolds-Garibay

    Real People Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12443661MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Utility Room-Lower Level
    Heating
    • Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Unfinished,Full,Walk-Out Access

    Property

    Parking
    • Total spaces: 7
    • Parking features: Yes, Garage Owned, Detached, Owned, Garage
    • Garage spaces: 3
    Lot
    • Size: 2,644 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 15101020330000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1933

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Melrose Park

    Financial & listing details

    • Tax assessed value: $310,000
    • Annual tax amount: $8,055
    • Date on market: 8/12/2025
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/12/2025Sold$460,000-3.2%
    Source: MRED as distributed by MLS GRID #12443661 Report a problem
    10/20/2025Contingent$475,000
    Source: MRED as distributed by MLS GRID #12443661 Report a problem
    8/12/2025Price change$475,000-13.6%
    Source: MRED as distributed by MLS GRID #12443661 Report a problem
    1/4/2025Listed for sale$550,000
    Source: MRED as distributed by MLS GRID #12264337 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,255 +2.5%$31,000 +0%
    2023$8,055 +2.3%$30,999 +21.3%
    2022$7,874 -1.5%$25,553
    2021$7,995 +2.9%$25,553
    2020$7,772 -20.7%$25,553 -15.5%
    2019$9,802 +0.4%$30,238
    2018$9,767 +2.3%$30,238
    2017$9,547 +18.2%$30,238 +20%
    2016$8,077 +1.6%$25,199
    2015$7,952 +3.2%$25,199
    2014$7,704 +1.6%$25,199 -6.8%
    2013$7,585 +3.5%$27,024
    2012$7,329 +3.3%$27,024
    2011$7,092 +2.2%$27,024 -11.2%
    2010$6,938 -3%$30,442 -4.3%
    2009$7,152 +7.1%$31,801 -5%
    2008$6,675 +5.2%$33,475 +6.2%
    2007$6,346 +0.8%$31,511
    2006$6,295 +2.6%$31,511
    2005$6,137 +62.9%$31,511 +72.7%
    2004$3,767 +2.7%$18,246
    2003$3,667 +2.6%$18,246
    2002$3,575 +7.3%$18,246 +15.2%
    2001$3,332 +3.5%$15,834
    2000$3,218 $15,834
    1999$3,218 $15,834
    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
    $476,900
    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
    $476,900