101 N 23rd Ave Melrose Park, IL 60160
West Village NeighborhoodEstimated payment $3,201/month
About This Home
***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 provides an oversized- three car garage, four exterior parking spaces, and plenty of convenient off-street parking, ensuring residents have a designated spot for their vehicles. All units are on month-to-month rental agreements with occupants, with NO LEASES in place which gives new ownership the opportunity for rental growth in an area with high rental demand. Occupants are longtime family friends that have grandfathered in rents. Amazing location near schools, parks, restaurants, shops, public transportation and so much more. With three units, this property offers an excellent opportunity for generating multiple income streams. Whether you decide to rent out all units or live in one and rent out the others, the potential for substantial returns is within reach. This may be the one you'll want to call home or add to your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,055
Year Built
- Built in 1933
Lot Details
- Corner Lot
Parking
- 3 Car Garage
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- Lower Floor Utility Room
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 3 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- 3 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,055 | $31,000 | $4,657 | $26,343 |
| 2023 | $7,874 | $31,000 | $4,657 | $26,343 |
| 2022 | $7,874 | $25,555 | $4,010 | $21,545 |
| 2021 | $7,995 | $25,553 | $4,009 | $21,544 |
| 2020 | $9,767 | $25,553 | $4,009 | $21,544 |
| 2019 | $9,802 | $30,238 | $3,621 | $26,617 |
| 2018 | $9,767 | $30,238 | $3,621 | $26,617 |
| 2017 | $9,547 | $30,238 | $3,621 | $26,617 |
| 2016 | $8,077 | $25,199 | $3,233 | $21,966 |
| 2015 | $7,952 | $25,199 | $3,233 | $21,966 |
| 2014 | $7,704 | $25,199 | $3,233 | $21,966 |
| 2013 | $7,585 | $27,024 | $3,233 | $23,791 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | For Sale | $475,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12443661
APN: 15-10-102-033-0000
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