$350,000
SOLD JUL 21, 2025

902 N 23rd Ave Melrose Park, IL 60160

5 Beds
3 Baths
-- Sq Ft
1903 Built

Recently Sold

28% Below List Price

57 Days on Market

Highlights

  • Corner Lot
  • Fenced
  • Senior Tax Exemptions

About This Home

As of July 2025

Multigenerational, long-time owners have made their memories in this building. Now it's time for a new family's story. This is a five-bedroom, three-bath, two-unit building. The third floor could be duplex to the 2nd floor. There is an amazing amount of storage space in this building. The original family brought the grapevine from Italy that now grows annually on the arbor in the backyard, along with a vegetable garden. The three-car garage and its half-bath were built for the convenience of many partygoers. There are multiple parking spaces on the Iowa side of the building. Being sold "as is". Village inspection is in the additional information section of the MLS.

Last Agent to Sell the Property

Donna Serpico

Berkshire Hathaway HomeServices Chicago Listed on: 04/16/2025

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Donna Karpavicius

Berkshire Hathaway HomeServices Chicago License #475093360

Last Buyer's Agent

Rafael Rivera

Gil & Gil Group Corp. License #475153901

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 53 x 125
  • Fenced
  • Corner Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 3 Car Garage
  • Parking Included in Price

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House

Schools

  • Melrose Park Elementary School
  • Stevenson Elementary Middle School
  • Proviso East High School

Utilities

  • 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

$7,422

Year Built

Built in 1903

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: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • 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: 5
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Vinyl Siding
  • Fencing: Fenced
  • List Price: 440000
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Additional Parcels Description: 15033410180000
  • Additional Parcels: Yes
  • Lot Dimensions: 53 X 125
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7422
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

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

MLS Schools

  • Other Public Sch Dist: 209
  • Othr Public Sch: Proviso Math and Science Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jul 17, 2025
Sold by
Salemi Mary Ann and Paolantonio John J
Bought by
Vargas Raul Salto
Seller's Agent
Donna Serpico
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Rafael Rivera
Gil & Gil Group Corp.
List Price
$485,000
Sold Price
$350,000
Premium/Discount to List
-$135,000
-27.84%
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48378.38%
Original Mortgage
$332,500
Outstanding Balance
$332,500
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$241,500

Purchase Details

Closed on
Mar 13, 2007
Sold by
Paolantonio John
Bought by
Paolantonio John J and Paolantonio Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 None Listed On Document
Interfamily Deed Transfer -- Cti
Interfamily Deed Transfer -- Cti
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $332,500 New Conventional
Previous Owner $230,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Sold $350,000 -20.5% --
06/12/2025 06/12/25 Pending -- -- --
05/17/2025 05/17/25 Price Changed $440,000 -9.3% --
04/16/2025 04/16/25 For Sale $485,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $978 $3,762 $2,970 $792
2023 $905 $3,762 $2,970 $792
2022 $905 $2,937 $2,145 $792
2021 $919 $2,937 $2,145 $792
2020 $893 $2,937 $2,145 $792
2019 $899 $2,772 $1,980 $792
2018 $895 $2,772 $1,980 $792
2017 $875 $2,772 $1,980 $792
2016 $836 $2,607 $1,815 $792
2015 $823 $2,607 $1,815 $792
2014 $797 $2,607 $1,815 $792
2013 $732 $2,607 $1,815 $792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12339962

Midwest Real Estate Data (MRED)

APN: 15-03-341-018-0000