$430,000
SOLD JUL 15, 2025

1408 N 20th Ave Melrose Park, IL 60160

4 Beds
3 Baths
-- Sq Ft
1926 Built

Recently Sold

4% Above List Price

3 Days on Market

Highlights

  • Forced Air Heating System
  • Fenced
  • Senior Tax Exemptions

About This Home

As of July 2025

Step into this fantastic two-flat in the heart of Melrose Park, IL, offering a great investment opportunity or multi-generational living! This well-maintained building features two spacious units with bright, airy living spaces, generously sized bedrooms, and large eat-in kitchens. The property includes a full basement for additional storage or potential living space, a detached garage, and a fully fenced yard. Enjoy the convenience of nearby parks, shopping, and public transportation. Whether you're looking to rent both units or live in one while earning income from the other, this is an opportunity you won't want to miss!

Last Agent to Sell the Property

Scott Schoon

Keller Williams Preferred Rlty License #475143110 Listed on: 05/17/2025

Keller Williams Preferred Rlty

Last Buyer's Agent

Kevin Rodriguez

RE/MAX FUTURE License #475172379

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 1926

Lot Details

  • Lot Dimensions are 124 x 53
  • Fenced

Parking

  • 3 Car Garage
  • Parking Included in Price

Home Design

  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,690

Year Built

Built in 1926

Lot Details

0

Parking

3

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: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished, Exterior Entry, Full, Walk-Out Access
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner

Exterior Features

  • Construction Materials: Stucco
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • List Price: 415000
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 89

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 124 X 53
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5690
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

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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
07/15/2025 07/15/25 Sold $430,000 +3.6% --
05/20/2025 05/20/25 Pending -- -- --
05/17/2025 05/17/25 For Sale $415,000 -- --
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: 12368443

Midwest Real Estate Data (MRED)