$630,000
SOLD FEB 4, 2025

1600 N 17th Ave Melrose Park, IL 60160

7 Beds
5 Baths
-- Sq Ft
1963 Built

Recently Sold

3% Below List Price

7 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • 4-minute walk to Bulger Park Veterans Park District
  • 2 Car Detached Garage
  • Heated Garage

About This Home

As of February 2025

Incredible opportunity to own this one of a kind, multi-family property in the heart of Melrose Park! The property consists of three units; Two 3-bedroom units on the first and second floor, and one garden level 1-bedroom unit. The property is located on an oversized corner lot with a heated 2 car garage and driveway parking. All units are owner occupied unit with no leases in place which gives new ownership the opportunity for rental growth in an area with high rental demand. Great location in Melrose Park near shopping, transportation, schools, and restaurants with great investment potential.

Last Agent to Sell the Property

Rich Dalitto

Fulton Grace Realty License #475160541 Listed on: 12/16/2024

Fulton Grace Realty

Last Buyer's Agent

Argentina Parasca

Coldwell Banker Realty License #475181051

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,013

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 53x106
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,013

Year Built

Built in 1963

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: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 2
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Window Air Conditioner

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 650000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

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

Schools

  • Middle/Junior School District: 89

Lot Info

  • Lot Dimensions: 53X106
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 2
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9012.67
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 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
02/04/2025 02/04/25 Sold $630,000 -3.1% --
12/23/2024 12/23/24 Pending -- -- --
12/16/2024 12/16/24 For Sale $650,000 -- --
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: 12256743

Midwest Real Estate Data (MRED)