NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
1915 Built

Last Sold July 24, 2023

Last sale price $370,000

4 Days on Market

Highlights

  • Property is near a park
  • Enclosed patio or porch
  • Paved or Partially Paved Lot
  • Fenced Yard
  • Heating System Uses Steam

About This Home

As of July 2023

This charming 4-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 4 Unit property on a double lot, with ample parking. Forget the hassle of street parking! This property provides convenient off-street parking, ensuring residents have a designated spot for their vehicles. Amazing location near schools, parks, restaurants, shops, public transportation and so much more. With four 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. Sold AS-IS.

Last Agent to Sell the Property

Noe Fragoso

Noe Fragoso Properties License #471021560 Listed on: 05/25/2023

Last Buyer's Agent

Jerry Hernandez

Realty of America, LLC License #475205368

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,662

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 52x124
  • Fenced Yard
  • Paved or Partially Paved Lot
  • Additional Parcels

Home Design

  • Asphalt Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway
  • On-Street Parking
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Melrose Park Elementary School
  • Proviso East High School

Utilities

  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Radiant Heating System

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed patio or porch
  • Property is near a park

Community Details

  • 4 Units
  • Gross Income $41,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,662

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Room Type: Enclosed Porch
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • AppliancesAndFeatures: Stove,Refrigerator,Garage/Space
  • Room: 3

Exterior Features

  • ExteriorFeatures: Porch, Storms/Screens
  • List Price: 374900
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Parking Features: Side Apron, Driveway
  • ParkingTotal: 6
  • Number of Cars: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam, Radiant, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: Melrose Park Elementary School
  • High School: Proviso East High School
  • Middle/Junior School: Melrose Park Elementary School
  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 52X124
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas

Multi Family

  • GrossIncome: 41640
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7662.14
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $370,000 -1.3% --
05/30/2023 05/30/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $374,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11791698

Midwest Real Estate Data (MRED)