$1,950,000
2241 N Mannheim Rd, Melrose Park, IL 60164
Charlie Vasbinder Juniper Real Estate LLC
$1,950,000
2241 N Mannheim Rd, Melrose Park, IL 60164
Charlie Vasbinder Juniper Real Estate LLC
$385,000
1601 N 44th Ave, Stone Park, IL 60165
Antonio Romero Hometown Real Estate Group LLC
Northlake, IL, known as the City of Friendly People, is a small community located about 15 miles west of downtown Chicago. The area features a mix of residential avenues and green spaces, with industry and warehouse buildings situated on the western outskirts. Housing options include bungalows, split-level homes, Chicago cottages, and Cape Cods, all nestled among mature oak and elm trees. The varied housing stock ranges from older properties with around 1,000 square feet to newer or renovated homes offering up to 1,500 square feet. Northlake is well-connected, with access to Interstate 290 and Interstate 294, Metra stations at Berkeley and Franklin Park, and several Pace bus stops. The proximity to O’Hare Airport, just 15 minutes away, is a significant convenience without the noise disturbance. Shopping is concentrated along North Avenue and Mannheim Road, featuring big box stores like Sam’s Club and Walmart, as well as family-owned Tony’s Fresh Market. Dining options are diverse, with popular Mexican restaurants such as Cilantro, Mi Palenque, and Alejandra’s, along with Shwings for wings and fried shrimp. For outdoor activities, Centerpoint Preserve offers a paved walking trail, athletic fields, and a dog park, while the Grant Park Recreation Center provides a gymnasium and multi-purpose rooms. The Northlake Public Library is a community hub with unique services like the Library of Things and hosts events such as Bluey Fest and Hispanic Heritage Celebration. Education in Northlake includes West Leyden High School, which has a high rating and ranks in the top 28% of best public high schools in Illinois.
On average, homes in Northlake, IL sell after 19 days on the market compared to the national average of 70 days. The median sale price for homes in Northlake, IL over the last 12 months is $125,000, up 12% from the median home sale price over the previous 12 months.
In Northlake, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $385,000 to $1,950,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Northlake is $125,000, while the average sale price is $157,842, offering insights into the local housing market. On average, multi-family homes spend 19 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Northlake, IL.