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.
Listed By
Agency Name: Keller Williams Premiere Properties
Agency Phone: 630-545-9860
Shown By
Agent Name: Lilia Mendoza
Agent Phone: (815) 323-8904
Agency Title: Gambino Realtors
Estimated Payment
$ 3,461.64 per month $2,180.31 Principal & Interest $1,141.33 Property Tax $140.00 Homeowner's InsuranceYou are now registered to view virtual open houses for the listings.
2029 19th Avenue | MLS# 12626222
This multi-family property located at 2029 19th Avenue , Melrose Park, IL 60160 is currently listed for sale with an asking price of $480,000. 19th Avenue is located within the District 84.5 school district. Search Melrose Park real estate on lmendoza.gogambino.com today.