Off market

Zestimate^®

$524,100

1316 N 23rd Ave, Melrose Park, IL 60160

8beds

3baths

2,612sqft

MultiFamily

Built in 1962

-- sqft lot

$524,100 Zestimate^®

$201/sqft

$1,866 Estimated rent

Home value

$524,100

$487,000 - $561,000

$1,866/mo

Zestimate^® history

Owner options

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$1,866/mo

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$3,759/mo

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$3,759/mo

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What's special

Long time owners ready to part with this solid brick 3-flat. Rents are very low for the area and can be increased. Top floor and middle floor have 3 bedrooms; basement is a 2 or 3 bedroom. 2 car detached garage has attached storage space. Top and middle floors have hardwood floors. Basement has heated floors. Coin Laundry. Each tenant has their own air conditioning unit. ROOF: less than 5 years old. WINDOWS: new in the last 2 years. Tenants pay electric and cooking gas. Owner pays heating gas and water. Due to COVID, only the middle unit can be shown.

This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 3

Heating

Baseboard, Gas

Cooling

None

Appliances

Included: Refrigerator

Features

Basement: Finished

Interior area

Total interior livable area: 2,612 sqft

Property

Parking

Total spaces: 2
Parking features: Garage - Detached

Features

Exterior features: Brick

Lot

Size: 4,356 Square Feet

Details

Parcel number: 1503309023

Construction

Type & style

Home type: MultiFamily

Materials

Roof: Asphalt

Condition

Year built: 1962

Utilities & green energy

Sewer: Sewer-Public

Community & HOA

Location

Region: Melrose Park

Financial & listing details

Price per square foot: $201/sqft
Tax assessed value: $330,840
Annual tax amount: $8,810

Price history

Date	Event	Price
12/2/2020	Sold	$321,000-10.8%$123/sqft
Source: MRED as distributed by MLS GRID #10870989 Report a problem
9/29/2020	Pending sale	$360,000$138/sqft
Source: RE/MAX Destiny #10870989 Report a problem
9/19/2020	Listed for sale	$360,000$138/sqft
Source: RE/MAX Destiny #10870989 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,810 +2.5%	$33,084
2023	$8,597 +9.8%	$33,084 +30.2%
2022	$7,832 -1.5%	$25,416
2021	$7,952 +2.9%	$25,416
2020	$7,731 -8.1%	$25,416 -2.1%
2019	$8,416 +0.4%	$25,963
2018	$8,386 +2.3%	$25,963
2017	$8,197 +25.8%	$25,963 +27.7%
2016	$6,516 -11.3%	$20,329 -12.7%
2015	$7,347 +3.2%	$23,283
2014	$7,118 -2.3%	$23,283 -10.3%
2013	$7,285 +3.5%	$25,954
2012	$7,039 +3.3%	$25,954
2011	$6,812 -12.3%	$25,954 -23.8%
2010	$7,764 +1.3%	$34,066
2009	$7,661 +7.1%	$34,066 -5%
2008	$7,150 +15.2%	$35,859 +16.4%
2007	$6,204 +0.8%	$30,805
2006	$6,154 +2.6%	$30,805
2005	$6,000 +15.7%	$30,805 +22.6%
2004	$5,186 +2.7%	$25,123
2003	$5,049 +2.6%	$25,123
2002	$4,922 +11.3%	$25,123 +19.5%
2001	$4,424 +3.5%	$21,023
2000	$4,273	$21,023
1999	$4,273	$21,023