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Explore Similar Apartments Within 2 Miles of Merrionette Park, IL

  • /29

    $474,990

    12917 Page St, Blue Island, IL 60406

    Your next Turnkey 6-Unit Multifamily inestment in Blue Island! This solid, all-brick 6-unit building is an exceptional investment opportunity located in a highly sought-after area of Blue Island. The property features five spacious 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Five of the six units are currently occupied, offering immediate income, with one vacant unit ready to lease at

    Agent Photo

    Shanara Carter

    eXp Realty

    (708) 847-3932

    12917 Page St, Blue Island, IL 60406
  • /6

    $459,900

    • 4,963 Sq Ft

    2123 135th Place, Blue Island, IL 60406

    Rare opportunity to acquire a fully occupied 6-unit building in the heart of Blue Island! This solid, all-brick property offers a desirable unit mix of one 1 bed/1 bath and five 2 bed/1 bath apartments. Two units have been completely remodeled, featuring updated finishes that appeal to quality tenants. Each unit has its own furnace (no boiler) and is separately metered allowing tenants to cover

    Agent Photo

    Joseph Siwinski

    Lincoln-Way Realty, Inc

    (464) 768-1467

    2123 135th Place, Blue Island, IL 60406
  • /10

    $465,000

    1812 W 127th St, Calumet Park, IL 60827

    A 6-unit, all brick, fully leased, some renovations to the 5 spacious 2-bedroom units and 1 comfortable 1-bedroom unit. Just steps away from the Metra station, bus stops, Interstate 57 access, this building's prime location offers easy commuting options. This solid, income generating property won't last long. A MUST SEE! Calumet Park investment just west of I-57 at 127th/Burr Oak.

    Yolanda Davis Realty Boutique

    1812 W 127th St, Calumet Park, IL 60827
  • /5

    $178,000

    • 8 Beds
    • 4 Baths

    11462 S Church St, Chicago, IL 60643

    Calling All Investors! This is a 4 unit building ready for a rehab. Each unit has 2 bedrooms and 1 bath with potential for changes. The building does have fire damage but the structure is in good condition. This property is in need of an investor with vision ready to rehab and give the property a new update and finish.

    Mariene Kippers @properties Christie's International Real Estate

    11462 S Church St, Chicago, IL 60643
  • /13

    $250,000

    • 6 Beds
    • 2 Baths

    12823 Division St, Blue Island, IL 60406

    Seasoned Handyman/ Contractor special with plenty of potential is ready for the next owner to start building equity! This 2 unit building sits on a double lot and has hardwood flooring, spacious bedrooms, and a living space large enough for everyone to spread out comfortably. Currently fully occupied with great tenants. Seller will not make repairs or remove tenants prior to closing.

    Lino Rodriguez American International Realty

    12823 Division St, Blue Island, IL 60406
  • /8

    $585,500

    • 4 Beds
    • 4 Baths

    10640 S Walden Pkwy, Chicago, IL 60643

    Well maintained Beverly 4-unit building is just steps from the Metra train station and walking distance of restaurants and shops on Western Avenue. This fully occupied building features (4) 1Bed/1 Bath units, all of which have updates. The units are currently leased at below-market rates to long-term tenants, making this property a stable cash flow investment that will provide long-term financial

    Julie Norris McHugh Development & Construction INC

    10640 S Walden Pkwy, Chicago, IL 60643
  • /28

    $179,000

    • 3 Beds
    • 2 Baths

    1904 High St, Blue Island, IL 60406

    Inflation Deflator! Sink your teeth into this affordable, equity-building 2-unit property on a spacious corner lot in a terrific Blue Island location. Live in one unit while the other unit's tenant pays your mortgage, or simply invest and watch your money grow. Each unit has hardwood floors throughout a spacious living room flowing into a formal dining area, connected to a compact, easy-to-manage

    Thomas Domasik RE/MAX 10 in the Park

    1904 High St, Blue Island, IL 60406
  • /14

    $440,000

    • 6 Beds
    • 4 Baths

    12211 S Spencer St, Alsip, IL 60803

    Incredible Multi-Unit Opportunity in Alsip - Rented & Income-Generating! Here's your rare chance to own a beautiful, solid brick multi-unit building in Alsip! These buildings don't come up often-and for good reason. This property features two spacious units, each offering 3 bedrooms and 2 full bathrooms. Both units are occupied by long-term tenants, making this a great turnkey investment from

    Tericia Ruff UTR Investments LLC

    12211 S Spencer St, Alsip, IL 60803
  • /6

    $215,000

    • 4 Beds
    • 2 Baths

    13430 Ann St, Blue Island, IL 60406

    2 unit apartment building, apartments have been recently renovated. 2-2br 1 ba units with large kitchen and living room quiet neighborhood. New roof August 2025 new on demand water heater 2025

    Henry Torn ListWithFreedom.com

    13430 Ann St, Blue Island, IL 60406
  • /12

    $329,000

    • 6 Beds
    • 4 Baths

    1917 York St, Blue Island, IL 60406

    Tremendous opportunity to take over this beautiful, solid brick 3-flat in the Historic and BOOMING City of Blue Island. Perfect for owner-occupied buyers, landlords, or flippers. Fantastic asking price with a ton of upside! Roof is only 7 years old but does have a new leak that needs repair. Apartment 1 has been recently renovated. Apartment 2 (the vacant unit) is ready for a refresh and have a

    Kyle Altenburg Hanley Realty, Inc.

    1917 York St, Blue Island, IL 60406
  • /36

    $269,000 Open Sat 10:30AM - 11:30AM

    • 6 Beds
    • 2 Baths

    1721 W Steuben St, Chicago, IL 60643

    QUIET. EXTRAORDINARY. READY. Smart Buy in Morgan Park! Welcome to this well-maintained, fully-occupied 2-flat in the heart of the neighborhood, perfect for first-time multifamily buyers or experienced investors looking to build long-term wealth. Price reduced from $275k to $269k, a substantial cost savings for the right buyer! This property sits on 3 full city lots (that's the extraordinary part)

    Dona Crane EXIT Strategy Realty

    1721 W Steuben St, Chicago, IL 60643
  • /5

    $675,000

    12217 Longwood Dr, Blue Island, IL 60406

    This 8 unit building located in Blue Island has undergone significant renovations. 7 of the 8 units have been completley rehabbed as well as all major components of the building. Priced at a 10% cap rate, this should be a solid building for years to come.

    Joseph Esselman Penn Real Estate

    12217 Longwood Dr, Blue Island, IL 60406
  • /10

    $729,000

    11824 S Karlov Ave, Alsip, IL 60803

    Well Maintained 6 unit Building in Alsip. This building has five 2 bedroom units, and one 1 bedroom unit. Extra income from coin laundry monthly. Hallways have been painted in 2024.. Roof, gutters, and windows done within the last 12 years. Great investment opportunity!

    Maha Joudeh The Joudeh Group

    11824 S Karlov Ave, Alsip, IL 60803
  • /15

    $279,900

    • 4 Beds
    • 3 Baths

    2014 Vermont St, Blue Island, IL 60406

    Well maintained brick 2-unit in Blue Island. Sits on an amazing, oversized lot of 60X330 with a fenced back yard that's perfect for making your investing dreams come true. Each unit has 2 bedrooms and 1 bath. The building is conveniently located steps away from the train, bus and expressway for easy travel. Amenities include Coin Operated laundry on the lower level. Private parking in the

    Sachet White Century 21 IMPACT

    2014 Vermont St, Blue Island, IL 60406
  • /9

    $385,000

    • 8 Beds
    • 3 Baths

    12537 S Marshfield Ave, Calumet Park, IL 60827

    Great income property, family owned for over 40 years.

    Marcus Maxwell Green Breeze Realty LLC

    12537 S Marshfield Ave, Calumet Park, IL 60827
  • /5

    $545,000

    12452 Fairview Ave, Blue Island, IL 60406

    Six unit multifamily in a good rental area. The property is fully rented. Located close to I-57 & I-294. Six parking spaces. A good addition to an investors portfolio. * Please reference 12456 Fairview that is owned by the seller. Marketing package is available on request.

    James Tammaro RE/MAX 10

    12452 Fairview Ave, Blue Island, IL 60406
  • /11

    $545,000

    12456 Fairview Ave, Blue Island, IL 60406

    Six-Unit Blue island multifamily located in a good rental area. The property consists of five 2-Br, one bath units and, One 1-Bedroom, 1-Bath unit. Fully rented. The building is located close to I-57 & I-294. parking lot with six parking spaces. Please reference 12452 Fairview owned by the same seller. Rent roll / expenses due on request.

    James Tammaro RE/MAX 10

    12456 Fairview Ave, Blue Island, IL 60406
  • /8

    $450,000 Pre-Foreclosure

    12250 Greenwood Ave, Blue Island, IL 60406

    Presenting a 6-unit multifamily property located in the heart of Blue Island, a steadily growing suburb just minutes from Chicago. This fully occupied building features 6 solid units. 5 units are 2 beds and 1 bath. 1 unit is 1 bed and 1 bath with strong rental income and long-term tenants in place. Ideal for investors seeking immediate cash flow and future value-add potential. Blue Island is a

    Alejandro Garcia Urbanitas, Inc.

    12250 Greenwood Ave, Blue Island, IL 60406

Why Live in Merrionette Park

Merrionette Park, IL, is a small village in Cook County with a population of about 2,000 residents. This close-knit community, originally developed in the 1940s, features walkable streets lined with sidewalks, providing easy access to parks, grocery stores, and medical centers. The village offers a suburban atmosphere with the conveniences of urban living, including more affordable housing options compared to nearby south Chicago suburbs. Home styles in Merrionette Park include cozy brick bungalows, split-levels, and ranch-style homes, with prices ranging from around $160,000 for smaller two-bedroom homes to $250,000 and above for larger four-bedroom properties. Residents can shop at the centrally located Jewel-Osco or Dollar Tree and enjoy local dining options like Beggars Pizza, known for its deep-dish pies, or Lumes Pancake House on Western Avenue. The area features several parks, including Kennedy Park, which offers walking paths, an outdoor hockey rink, and a community pool. Merrionette Park's educational system includes a quad-school pipeline, with Eisenhower High School providing a variety of unique courses and programs.

Home Trends in Merrionette Park, IL

Housing Trends

Median Sale Price
$220,000
Median Single Family Sale Price
$224,900
Median 2 Bedroom Sale Price
$128,000
Median 1 Bedroom Sale Price
$90,000
Average Price Per Sq Ft
$193
Number of Homes for Sale
2
Last 12 months Home Sales
23
Months of Supply
1.00
Median List Price
$229,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
11%
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