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Melrose Park, IL Multifamily Homes & Duplexes for Sale

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  • /42

    $489,900

    • 3 Beds
    • 3 Baths

    1710 N 23rd Ave, Melrose Park, IL 60160

    WOW!!! WOW!!! OMG!! Amazing, Stunning, Melrose Park legal 2 Flat! The Perfect location! ALL Updated!! Great Opportunity to live in one unit and rent the others or rent the whole building! Great Investment Opportunity! Updated Units! One 2-Bedroom Unit, One 1-Bedroom Units and a partially finished Basement that can be finished into an In-Law Unit or keep for extra storage and common area!

    Gregorio Cirone xr realty

    1710 N 23rd Ave, Melrose Park, IL 60160
  • /30

    $550,000

    • 5 Beds
    • 3 Baths

    101 N 23rd Ave, Melrose Park, IL 60160

    ***PLEASE CLICK ON THE VIRTUAL TOUR LINKS...THERE IS ONE LINK PER UNIT*** This charming 3 Unit building is nestled in the heart of Melrose Park, offering a fantastic opportunity for investors or multi-family living. Here is your opportunity to own a part of Melrose Park History via this 3 Unit property on an OVERSIZED LOT, with ample parking. Forget the hassle of street parking! This property

    Angel Rosales PROSALES REALTY

    101 N 23rd Ave, Melrose Park, IL 60160
  • /22

    $465,000

    • 7 Beds
    • 2 Baths

    1744 Broadway St, Melrose Park, IL 60160

    STUNNING BRICK 2 FLAT IN THE HEART OF MELROSE PARK AND REHABBED IN 2022 MANY UPDATES INCLUDE INDIVIDUALLY METERED UNITS WITH SEPARATE EFFICIENT HVAC IN BOTH UNITS. 1ST FLOOR OPEN DESIGN LIVING/DINING/KITCHEN FEATURING GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES, GORGEOUS OAK AND PINE HARDWOOD FLOORING THROUGHOUT, NEWER WINDOWS. NEW PLUMBING AND ELECTRICAL WITH PLANS AND PERMITS. THE 2ND

    Carlos Rocha Chicagoland Brokers, Inc.

    1744 Broadway St, Melrose Park, IL 60160
  • /11

    $1,950,000

    2241 N Mannheim Rd, Melrose Park, IL 60164

    2241 Mannheim Rd is a 22-unit California-style property in the Northwest Chicago suburb of Melrose Park. The building features a rare unit mix of 21 studios and one (1) one-bedroom apartment, just minutes from O'Hare International Airport with easy access to major highways and retail centers. The building has been consistently well maintained, with recent improvements including tuckpointing and

    Charlie Vasbinder Juniper Real Estate LLC

    2241 N Mannheim Rd, Melrose Park, IL 60164
  • /20

    $634,900

    • 7 Beds
    • 3 Baths

    1933 N 18th Ave, Melrose Park, IL 60160

    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. Current rents are below market, providing a strong opportunity to increase cash flow with rent adjustments. Each

    Richard Balauag Citypoint Illinois LLC

    1933 N 18th Ave, Melrose Park, IL 60160
  • /30

    $625,000

    • 8 Beds
    • 5 Baths

    1619 N 35th Ave, Melrose Park, IL 60160

    Welcome to 1619 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated

    Kathleen Long Citypoint Illinois LLC

    1619 N 35th Ave, Melrose Park, IL 60160
  • /32

    $625,000

    • 8 Beds
    • 5 Baths

    1617 N 35th Ave, Melrose Park, IL 60160

    Welcome to 1617 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated

    Kathleen Long Citypoint Illinois LLC

    1617 N 35th Ave, Melrose Park, IL 60160
  • /20

    $464,900 Open Sat 12PM - 3PM

    • 11 Beds
    • 5 Baths

    1115 N 19th Ave, Melrose Park, IL 60160

    Excellent Melrose Park Investment: Spacious Legal Two-Unit Building with finish basement. This well-located property in Melrose Park offers a fantastic opportunity for investors. Featuring a spacious two-unit layout and the added benefit of a basement for extra storage or potential, it's ideal for generating rental income. The convenience of a garage further enhances its appeal for tenants. Don't

    Airel Hermosillo Smart Home Realty

    1115 N 19th Ave, Melrose Park, IL 60160
  • /36

    $899,700

    • 5,655 Sq Ft

    805 N 22nd Ave, Melrose Park, IL 60160

    Absolutely fabulous turn key 6 unit with tenants in ALL units! All are 2 bedrooms except for one of the garden level units. Photos and 3-D tour are current as of 11/18. 4 of the units are recently rehabbed. All units are rented and bringing in exceptional rents. Financials below are based off of the 2023 full year. Rents have gone up 2600 per month since units were rehabbed.

    Neil Gates Chase Real Estate LLC

    805 N 22nd Ave, Melrose Park, IL 60160
  • /28

    $499,000

    • 4 Beds
    • 2 Baths

    Unlisted Address

    Absolutely spectacular two unit with finished basement in a wonderful neighborhood. This stunning property has been transformed and remodeled from head to toe. Each unit has 2 bedrooms, one bath, dining room, living room and kitchen. One bedroom has a huge walk in closet. Gorgeous chef's kitchen with 42" cabinets, granite counter tops & contemporary back splash with stainless steel appliances.

    Doris Napier Napier Real Estate Consultants Inc.

    Unlisted Address
  • /19

    $549,000

    • 7 Beds
    • 2 Baths

    1509 Saint Charles Rd, Maywood, IL 60153

    Calling all investors!! Two brand new, HUGE move in ready units featuring open concept floor plans, central ac, and in-unit laundry. Both units offer oversized bay windows, bringing in an abundance of natural sunlight throughout. Unit 1 boasts a 3-bedroom, 1-bathroom lower unit, while unit 2 is a 4-bedroom, 1-bathroom upper unit; each with their own private entrances. Units are nearly identical

    Anna Lupo Berkshire Hathaway HomeServices Chicago

    1509 Saint Charles Rd, Maywood, IL 60153
  • /10

    $385,000

    • 5 Beds
    • 2 Baths

    1601 N 44th Ave, Stone Park, IL 60165

    2 Flat with 3 Beds and 1Bath on 2nd floor, 2 beds and 1 bath on 1st unit.

    Antonio Romero Hometown Real Estate Group LLC

    1601 N 44th Ave, Stone Park, IL 60165
  • /33

    $319,900

    • 5 Beds
    • 2 Baths

    1818 N 39th Ave, Stone Park, IL 60165

    Welcome to 1818 N 39th Ave, a solid brick 2-unit building nestled in the heart of Stone Park. Featuring one spacious 3-bedroom unit and one 2-bedroom unit, this property offers flexibility for rental income, extended family living, or house hacking! Each unit is generously sized and filled with natural light, offering a fantastic canvas for your design ideas. The property does need a bit of TLC,

    Roger Valdez Realty of America, LLC

    1818 N 39th Ave, Stone Park, IL 60165

Why Live in Melrose Park

Melrose Park, Illinois, located 14 miles west of downtown Chicago, offers a blend of suburban charm and historical significance. The community is known for its midcentury aesthetics and architectural styles influenced by Frank Lloyd Wright, featuring ranch homes, midcentury bungalows, split-levels, and Craftsman-inspired designs. Residents enjoy a suburban atmosphere with mature shade trees, driveways, and garages, alongside urban residential elements like ornamental lawns and closely stacked homes. Melrose Park boasts several green spaces, including Bataan Park, which was renovated in 2022 with new playground equipment, tennis courts, ball fields, and a picnic pavilion. Thatcher Woods and Oak Park Country Club provide additional outdoor activities, with walking trails and an 18-hole golf course. The Trailside Museum of Natural History offers educational opportunities. Shopping and dining options are plentiful, with local eateries and big box stores like Jewel-Osco, Target, and Best Buy at Winston Plaza. The community hosts annual events such as the Taste of Melrose Park food festival and Hispano Fest. Public transportation is accessible, with buses running along major routes and a Metra station near Lake Street. Melrose Park is safer than the national average, making it a practical choice for homebuyers seeking a well-rounded suburban lifestyle with various things to do.

Home Trends in Melrose Park, IL

Housing Trends

Median Sale Price
$465,000
Median Single Family Sale Price
$470,000
Median Townhouse Sale Price
$600,000
Median 2 Bedroom Sale Price
$290,000
Median 1 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
1
Last 12 months Home Sales
11
Months of Supply
1.10
Median List Price
$495,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
100%
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