$464,900
PENDING $34K PRICE DROP

1115 N 19th Ave Melrose Park, IL 60160

Estimated payment $3,096/month

Total Views 19,506
11 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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 miss out on this promising investment property in Melrose Park!

Listing Agent

Airel Hermosillo

Smart Home Realty License #471015973 Listed on: 05/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,756

Year Built

  • Built in 1926 | Remodeled in 2020

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 11 Potential Bedrooms
  • 5 Bathrooms

Additional Features

  • Lot Dimensions are 40x125
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,756

Year Built

Built in 1926 | Remodeled in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1926
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Finished, Full
  • Total Bathrooms: 5
  • Total Bedrooms: 11
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 5
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Frame
  • List Price: 464900
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Middle/Junior School District: 89

Lot Info

  • Lot Dimensions: 40X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6756.24
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Map

Range of Values:

Collateral Analytics

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,756 $26,000 $4,455 $21,545
2023 $5,314 $26,000 $4,455 $21,545
2022 $5,314 $17,243 $3,836 $13,407
2021 $5,395 $17,243 $3,836 $13,407
2020 $5,245 $17,243 $3,836 $13,407
2019 $5,654 $17,440 $3,465 $13,975
2018 $5,633 $17,440 $3,465 $13,975
2017 $5,506 $17,440 $3,465 $13,975
2016 $4,793 $14,955 $3,093 $11,862
2015 $4,719 $14,955 $3,093 $11,862
2014 $3,787 $14,955 $3,093 $11,862
2013 $4,178 $17,516 $3,093 $14,423
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Pending -- -- --
08/11/2025 08/11/25 Off Market $464,900 -- --
07/18/2025 07/18/25 Price Changed $464,900 -1.5% --
06/13/2025 06/13/25 Price Changed $472,000 -1.5% --
06/09/2025 06/09/25 For Sale $479,000 0.0% --
06/02/2025 06/02/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $479,000 -4.0% --
05/14/2025 05/14/25 For Sale $499,000 +315.8% --
10/27/2014 10/27/14 Sold $120,000 +0.1% $93 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
09/17/2014 09/17/14 Price Changed $119,900 -9.1% $93 / Sq Ft
09/11/2014 09/11/14 For Sale $131,900 0.0% $102 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $131,900 0.0% $102 / Sq Ft
02/25/2014 02/25/14 Pending -- -- --
02/10/2014 02/10/14 For Sale $131,900 -- $102 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title
Special Warranty Deed $120,000 Attorneys Title Guaranty Fun
Sheriffs Deed -- None Available
Warranty Deed $399,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Closed $270,000 Future Advance Clause Open End Mortgage
Previous Owner $406,800 Unknown
Previous Owner $299,250 Unknown
Previous Owner $99,750 Stand Alone Second
Previous Owner $114,000 Unknown
Previous Owner $7,000 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12316120

Midwest Real Estate Data (MRED)

APN: 15-03-330-002-0000