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  • $305,000

    137 N 16th Ave, Melrose Park, IL 60160

    6beds
    --sqft
    Multi Family
    Built in 1883
    -- sqft lot
    $376,900 Zestimate®
    $--/sqft
    $1,951 Estimated rent

    Home value

    $376,900

    $351,000 - $407,000

    $1,951/mo

    Zestimate® history
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    What's special

    Finished basement
    Ready for your new investment!!! This home is the ideal cash cow opportunity, live in one unit and rent the other, or bring in the extended family. Welcome to Melrose Park, this two flat property has three bedrooms and one bath plus laundry hook up in each unit. Finished basement with a bathroom, great for entertaining during the cold weather. Near Melrose Park community center, blocks from transportation, shopping, and dinning. Home Sold AS-IS. Schedule your showing today and make it yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jesmely Gonzalez 630-697-0934,

    Main Event Real Estate Group LTD

    Bought with:

    Francisco Diaz

    Diaz Homes Realty

    Source: MRED as distributed by MLS GRID,MLS#: 11798156MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 3
    Heating
    • Natural Gas, Electric
    Features
    • Basement: Finished,Full

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: On Site, Garage Owned, Detached, Garage
    • Garage spaces: 2.5
    Features
    • Fencing: Fenced
    Lot
    • Size: 3,300 Square Feet
    Details
    • Parcel number: 15102150040000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1883

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights
    Location
    • Region: Melrose Park

    Financial & listing details

    • Tax assessed value: $230,000
    • Annual tax amount: $5,248
    • Date on market: 6/2/2023
    • Listing terms: FHA
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/22/2023Sold$305,000+3.4%
    Source: MRED as distributed by MLS GRID #11798156 Report a problem
    6/17/2023Contingent$295,000
    Source: MRED as distributed by MLS GRID #11798156 Report a problem
    6/2/2023Listed for sale$295,000
    Source: MRED as distributed by MLS GRID #11798156 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,248 +6.2%$23,000
    2023$4,943 -3.8%$23,000 +10.7%
    2022$5,136 -2.1%$20,771
    2021$5,248 +1.2%$20,771
    2020$5,185 +17.5%$20,771 +17.2%
    2019$4,412 -4.4%$17,726
    2018$4,616 -3.1%$17,726 -4%
    2017$4,764 +6.1%$18,464 +11.9%
    2016$4,489 +2.5%$16,502
    2015$4,380 +2.8%$16,502
    2014$4,260 -4%$16,502 -10.5%
    2013$4,435 +2.6%$18,430
    2012$4,322 +0.3%$18,430
    2011$4,307 -1.4%$18,430 -26.9%
    2010$4,366 +2.3%$25,219 -5.6%
    2009$4,270 +51.2%$26,702 -5%
    2008$2,824 -15.4%$28,109 +19.1%
    2007$3,338 +3%$23,608
    2006$3,240 -29.5%$23,608
    2005$4,598 +54.3%$23,608 +63.5%
    2004$2,980 +2.7%$14,437
    2003$2,901 +2.6%$14,437
    2002$2,828 +31.4%$14,437 +17.8%
    2001$2,153 -13.6%$12,254
    2000$2,491 +8.3%$12,254
    1999$2,299 $12,254
    Find assessor info on the county website

    Neighborhood: 60160

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 209

    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
    $376,900
    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
    $376,900