Incredible opportunity to own this one of a kind, multi-family property in the heart of Melrose Park! The property consists of four units; One 4-bedroom unit, Two 3-bedroom units, and one 1-bedroom unit. The property features three separate structures and parking spaces in front. Spacious units with below-market rents and month-to-month leases give new ownership the opportunity for rental growth in an area with high demand rental interest. Great location in Melrose Park with great investment potential.
Closed
$705,000
1114 N 23rd Ave, Melrose Park, IL 60160
11beds
--sqft
Multi Family
Built in 1933
-- sqft lot
$-- Zestimate®
$--/sqft
$2,093 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,093/mo
Zestimate® history
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$5,012/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Erick Coley 847-749-6626,
Berkshire Hathaway HomeServices American Heritage
Bought with:
Ivette Anderson
Keller Williams Success Realty
Source: MRED as distributed by MLS GRID,MLS#: 12096733
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Natural Gas
Features
- Basement: Partially Finished,Unfinished,Exterior Entry,Full,Walk-Out Access
Property
Parking
- Total spaces: 6
Lot
- Size: 6,625 Square Feet
- Dimensions: 125X53X125X53
Details
- Additional structures: Second Residence
- Parcel number: 15033250100000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Combination
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: $677,870
- Annual tax amount: $11,703
- Date on market: 6/28/2024
- Listing terms: Other
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2024 | Sold | $705,000-1.4% |
Source:  MRED as distributed by MLS GRID #12096733 Report a problem | ||
| 7/18/2024 | Contingent | $715,000 |
Source: MRED as distributed by MLS GRID #12096733 Report a problem | ||
| 6/28/2024 | Listed for sale | $715,000 |
Source: MRED as distributed by MLS GRID #12096733 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $16,472 +2.5% | $67,787 +0% |
| 2023 | $16,064 +37.3% | $67,785 +53.6% |
| 2022 | $11,703 -30% | $44,133 -26.6% |
| 2021 | $16,721 -8.5% | $60,103 |
| 2020 | $18,281 +48.6% | $60,103 +36.2% |
| 2019 | $12,304 +0.4% | $44,129 |
| 2018 | $12,256 -4.8% | $44,129 |
| 2017 | $12,867 +23.1% | $44,129 +25.7% |
| 2016 | $10,449 -14.8% | $35,097 -15.4% |
| 2015 | $12,269 +3.1% | $41,503 |
| 2014 | $11,903 -2.1% | $41,503 -9.7% |
| 2013 | $12,161 -0.9% | $45,955 -3.7% |
| 2012 | $12,271 +24.3% | $47,740 -3.3% |
| 2010 | $9,872 -0.9% | $49,378 -5% |
| 2009 | $9,959 +14.4% | $52,000 -5% |
| 2008 | $8,705 +10.9% | $54,737 +18.9% |
| 2007 | $7,852 +1.7% | $46,018 |
| 2006 | $7,717 +2.4% | $46,018 |
| 2005 | $7,537 +13.6% | $46,018 +35% |
| 2004 | $6,636 +2.4% | $34,088 |
| 2003 | $6,483 +2.6% | $34,088 |
| 2002 | $6,321 +14.5% | $34,088 +20.6% |
| 2001 | $5,520 +3.4% | $28,255 |
| 2000 | $5,337 | $28,255 |
Find assessor info on the county website
Neighborhood: 60160
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Nearby schools
GreatSchools rating
- 5/10Melrose Park Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Stevenson Middle SchoolGrades: 6-8Distance: 0.5 mi
- NAProviso East High SchoolGrades: 9-12Distance: 1.9 mi
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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- Illinois
- Cook County
- Melrose Park
- 60160
- 1114 N 23rd Ave
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