Step into this fantastic two-flat in the heart of Melrose Park, IL, offering a great investment opportunity or multi-generational living! This well-maintained building features two spacious units with bright, airy living spaces, generously sized bedrooms, and large eat-in kitchens. The property includes a full basement for additional storage or potential living space, a detached garage, and a fully fenced yard. Enjoy the convenience of nearby parks, shopping, and public transportation. Whether you're looking to rent both units or live in one while earning income from the other, this is an opportunity you won't want to miss!
Closed
$430,000
1408 N 20th Ave, Melrose Park, IL 60160
4beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$457,600 Zestimate®
$--/sqft
$1,685 Estimated rent
Home value
$457,600
$412,000 - $513,000
$1,685/mo
Zestimate® history
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$3,063/mo
Est. payment
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$3,063/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Scott Schoon 708-798-1111,
Keller Williams Preferred Rlty
Bought with:
Kevin Rodriguez
RE/MAX Partners
Source: MRED as distributed by MLS GRID,MLS#: 12368443
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,Exterior Entry,Full,Walk-Out Access
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
- Garage spaces: 3
- Has uncovered spaces: Yes
Features
- Fencing: Fenced
Lot
- Size: 6,572 Square Feet
- Dimensions: 124 X 53
Details
- Parcel number: 15033040190000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Concrete Perimeter
Condition
- New construction: No
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Location
- Region: Melrose Park
Financial & listing details
- Tax assessed value: $278,640
- Annual tax amount: $5,690
- Date on market: 5/17/2025
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $430,000+3.6% |
Source:  MRED as distributed by MLS GRID #12368443 Report a problem | ||
| 5/21/2025 | Contingent | $415,000 |
Source: MRED as distributed by MLS GRID #12368443 Report a problem | ||
| 5/17/2025 | Listed for sale | $415,000 |
Source: MRED as distributed by MLS GRID #12368443 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,841 +2.7% | $27,864 |
| 2023 | $5,690 -4.9% | $27,864 +9% |
| 2022 | $5,981 +101.3% | $25,567 |
| 2021 | $2,972 -51.1% | $25,567 |
| 2020 | $6,078 +46% | $25,567 +15.6% |
| 2019 | $4,162 +0.2% | $22,117 |
| 2018 | $4,154 +4.1% | $22,117 |
| 2017 | $3,990 -5.3% | $22,117 +26.9% |
| 2016 | $4,215 +3.3% | $17,433 |
| 2015 | $4,082 +2.5% | $17,433 |
| 2014 | $3,984 -22% | $17,433 -16.3% |
| 2013 | $5,108 +2.7% | $20,826 |
| 2012 | $4,972 +0.7% | $20,826 |
| 2011 | $4,936 -10.5% | $20,826 -31.2% |
| 2010 | $5,513 +8.8% | $30,251 |
| 2009 | $5,068 +22.4% | $30,251 -5% |
| 2008 | $4,140 +6.9% | $31,844 +22.3% |
| 2007 | $3,874 +2.7% | $26,036 |
| 2006 | $3,772 +3.5% | $26,036 |
| 2005 | $3,645 +143.5% | $26,036 +35.1% |
| 2004 | $1,497 -6.9% | $19,278 |
| 2003 | $1,608 +3% | $19,278 |
| 2002 | $1,562 -16.2% | $19,278 +16.8% |
| 2001 | $1,862 +4.8% | $16,506 |
| 2000 | $1,777 +0% | $16,506 |
| 1999 | $1,777 | $16,506 |
Find assessor info on the county website
Neighborhood: 60160
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Nearby schools
GreatSchools rating
- 5/10Melrose Park Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Stevenson Middle SchoolGrades: 6-8Distance: 0.3 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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Estimated market value
$457,600
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
$457,600
- Illinois
- Cook County
- Melrose Park
- 60160
- 1408 N 20th Ave
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