Investor Alert! Fully Rented 3-Flat in Melrose Park with Value-Add Potential. Don't miss this excellent opportunity at 1933 N 18th Ave - a well-maintained, fully occupied 3-unit building offering immediate income and future upside. All units are currently rented with long-term tenants that are all on Month-to-Month Terms. Current rents are below market, providing a strong opportunity to increase cash flow with rent adjustments. Each unit features a spacious layout and solid condition, making this a low-maintenance investment. Conveniently located near shopping, dining, public transportation, and major highways. Ideal for investors seeking a stable property with growth potential. Don't miss out on this amazing investment opportunity, reach out today! An IL licensed broker is a member of the LLC that owns the property.
Closed
$585,000
1933 N 18th Ave, Melrose Park, IL 60160
7beds
--sqft
Multi Family
Built in 1971
-- sqft lot
$594,300 Zestimate®
$--/sqft
$2,123 Estimated rent
Home value
$594,300
$541,000 - $654,000
$2,123/mo
Zestimate® history
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$4,159/mo
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List your homeWhat's special
Solid conditionSpacious layout
Zillow last checked:
Listing updated:
Listed by:
Richard Balauag 224-381-6226,
Citypoint Illinois LLC
Bought with:
Rene Aguirre
Northlake Realtors
Source: MRED as distributed by MLS GRID,MLS#: 12574758
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 6
- Parking features: Unassigned, Side Apron, Driveway, Yes
- Has uncovered spaces: Yes
Lot
- Size: 8,712 Square Feet
- Dimensions: 50 X 150
Details
- Parcel number: 12343070070000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
Location
- Region: Melrose Park
Financial & listing details
- Tax assessed value: $410,000
- Annual tax amount: $13,369
- Date on market: 2/23/2026
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Sold | $585,000-2.5% |
Source:  MRED as distributed by MLS GRID #12574758 Report a problem | ||
| 3/16/2026 | Contingent | $600,000 |
Source: MRED as distributed by MLS GRID #12574758 Report a problem | ||
| 2/23/2026 | Listed for sale | $600,000-2.4% |
Source: MRED as distributed by MLS GRID #12574758 Report a problem | ||
| 2/23/2026 | Listing removed | $614,900 |
Source: MRED as distributed by MLS GRID #12517872 Report a problem | ||
| 1/2/2026 | Listed for sale | $614,900-2.4% |
Source: MRED as distributed by MLS GRID #12517872 Report a problem | ||
| 11/14/2025 | Listing removed | $629,900 |
Source: MRED as distributed by MLS GRID #12502404 Report a problem | ||
| 10/23/2025 | Listed for sale | $629,900 |
Source: MRED as distributed by MLS GRID #12502404 Report a problem | ||
| 10/23/2025 | Listing removed | $629,900 |
Source: MRED as distributed by MLS GRID #12465745 Report a problem | ||
| 9/8/2025 | Listed for sale | $629,900-0.8% |
Source: MRED as distributed by MLS GRID #12465745 Report a problem | ||
| 9/8/2025 | Listing removed | $634,900 |
Source: MRED as distributed by MLS GRID #12438838 Report a problem | ||
| 6/30/2025 | Price change | $634,900-2.3% |
Source: MRED as distributed by MLS GRID #12407779 Report a problem | ||
| 6/17/2025 | Listed for sale | $649,900 |
Source: MRED as distributed by MLS GRID #12395840 Report a problem | ||
| 6/17/2025 | Listing removed | $649,900 |
Source: MRED as distributed by MLS GRID #12385685 Report a problem | ||
| 6/5/2025 | Listed for sale | $649,900 |
Source: MRED as distributed by MLS GRID #12385685 Report a problem | ||
| 6/5/2025 | Listing removed | $649,900 |
Source: MRED as distributed by MLS GRID #12354370 Report a problem | ||
| 5/2/2025 | Listed for sale | $649,900 |
Source: MRED as distributed by MLS GRID #12354370 Report a problem | ||
| 5/2/2025 | Listing removed | $649,900 |
Source: MRED as distributed by MLS GRID #12332579 Report a problem | ||
| 4/9/2025 | Price change | $649,900-2.3% |
Source: MRED as distributed by MLS GRID #12332579 Report a problem | ||
| 2/27/2025 | Listed for sale | $665,000+44.6% |
Source: MRED as distributed by MLS GRID #12299430 Report a problem | ||
| 1/10/2025 | Sold | $460,000+165.9% |
Source: Public Record Report a problem | ||
| 5/30/1995 | Sold | $173,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $41,000 |
| 2023 | $13,370 -0.9% | $41,000 |
| 2022 | $13,489 +48.9% | $41,000 +71.1% |
| 2021 | $9,059 +4.1% | $23,968 |
| 2020 | $8,700 -10% | $23,968 -15.4% |
| 2019 | $9,670 -10.6% | $28,332 -2.5% |
| 2018 | $10,816 +0.7% | $29,062 |
| 2017 | $10,739 +0.2% | $29,062 -6% |
| 2016 | $10,721 +29.8% | $30,902 +33.2% |
| 2015 | $8,260 +2.3% | $23,198 |
| 2014 | $8,078 +5.9% | $23,198 |
| 2013 | $7,628 -10.5% | $23,198 -14.8% |
| 2012 | $8,520 -7.2% | $27,213 -10.5% |
| 2011 | $9,186 +7.4% | $30,408 |
| 2010 | $8,550 +8.3% | $30,408 -0.3% |
| 2009 | $7,897 -16.1% | $30,497 -28.2% |
| 2008 | $9,410 +1.7% | $42,485 |
| 2007 | $9,251 +39.5% | $42,485 +48.3% |
| 2006 | $6,632 +5.4% | $28,645 |
| 2005 | $6,290 +1.4% | $28,645 |
| 2004 | $6,202 +23.7% | $28,645 +21.4% |
| 2003 | $5,015 +8.1% | $23,587 |
| 2002 | $4,640 +18.4% | $23,587 |
| 2001 | $3,920 +2.4% | $23,587 +14% |
| 2000 | $3,827 +1.4% | $20,687 |
| 1999 | $3,773 | $20,687 |
Find assessor info on the county website
Neighborhood: 60160
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Nearby schools
GreatSchools rating
- 4/10Rhodes Elementary SchoolGrades: PK-8Distance: 1 mi
- 6/10West Leyden High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- District: 84.5
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
$594,300
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
$594,300
- Illinois
- Cook County
- Melrose Park
- 60160
- 1933 N 18th Ave
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