$634,900

1933 N 18th Ave Melrose Park, IL 60160

Estimated payment $4,566/month

Total Views 10,887
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Investor Alert! Fully Rented 3-Flat in Melrose Park with Value-Add Potential. Don't miss this excellent opportunity at 1933 N 18th Ave - a well-maintained, fully occupied 3-unit building offering immediate income and future upside. All units are currently rented with long-term tenants that are all on Month-to-Month Terms. Current rents are below market, providing a strong opportunity to increase cash flow with rent adjustments. Each unit features a spacious layout and solid condition, making this a low-maintenance investment. Conveniently located near shopping, dining, public transportation, and major highways. Ideal for investors seeking a stable property with growth potential. Don't miss out on this amazing investment opportunity, reach out today!

Listing Agent

Richard Balauag

Citypoint Illinois LLC License #475169482 Listed on: 08/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,370

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Parking

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

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 3 Units
  • Gross Income $49,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,370

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1971
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 3
  • Total Bedrooms: 7
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Brick
  • List Price: 634900
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Side Apron, Driveway, On Site
  • ParkingTotal: 6

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Middle/Junior School District: 84.5

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 50 X 150
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • GrossIncome: 49620
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 13369.75
  • Tax Year: 2023

Map

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
08/05/2025 08/05/25 For Sale $634,900 -- --
Source: Midwest Real Estate Data (MRED)

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12438838

Midwest Real Estate Data (MRED)
Illinois Cook County Melrose Park 60160

1933 N 18th Ave, Melrose Park, IL

This home is located at 1933 N 18th Ave, Melrose Park, IL 60160 and is currently priced at $634,900. This property was built in 1971. 1933 N 18th Ave is a home located in Cook County with nearby schools including Rhodes Elementary School, West Leyden High School, and Walther Christian Academy.

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Nearby Homes
Richard Balauag
Listing Agent
Richard Balauag
Section Image
Citypoint Illinois LLC
(224) 381-6226