2029 19th Avenue
Melrose Park, IL, 60160
$480,000
6 Beds
4 Baths
0 SqFt
0 Acres
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MLS #MRD12626222 image #0
MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE 04/28 AT 5pm. Solid brick 2-flat in the heart of Melrose Park, ideal for investors! Both spacious units offer 3 bedrooms, 1.5 bathrooms, central air, in-unit laundry, and separate utilities, with modern layouts and private entrances. The second unit is currently rented for $1,800/month and features a new water heater, while the first unit is leased at $1,900/month – bringing total monthly rental income to $3,700. Rental comps in the area show potential up to $2,100/month, leaving room to increase cash flow. The property also includes a rare 7-car parking pad in the rear. Conveniently located near schools, shopping, parks, and expressways. A great opportunity for investors looking to add a fully occupied, income-producing property to their portfolio. Please note: photos of Unit 1 are from a previous tenant.

Property Details

Price:
$480,000
MLS #:
MRD12626222
Status:
Active Under Contract
Beds:
6
Baths:
4
Type:
Multi Family
Neighborhood:
melrosepark
Listed Date:
Apr 22, 2026
Year Built:
2005
Melrose ParkMelroseparkRhodes Elementary SchoolRhodes Elementary SchoolRhodes Elementary School

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Schools

School District:
84.5
Elementary School:
Rhodes Elementary School
Middle School:
Rhodes Elementary School
High School:
Rhodes Elementary School

Interior

Heating
Natural Gas

Exterior

Community Features
Sidewalks, Street Lights
Construction Materials
Brick
Parking Features
Assigned, Yes, Owned
Parking Spots
7
Parking Total
7
Roof
Asphalt

Financial

Tax Year
2023
Taxes
$13,696

Map

Community

Market Summary

Current real estate data for Multi Family in Melrose Park as of Jun 17, 2026
6
Multi Family Listed
28
Avg DOM
$488,150
Avg List Price

Property Summary

    2029 19th Avenue Melrose Park IL is a Multi Family for sale in Melrose Park, IL, 60160. It is listed for $480,000

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