***PLEASE CLICK ON THE VIRTUAL TOUR LINKS...THERE IS ONE LINK PER UNIT*** This charming 3 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 part of Melrose Park History via this 3 Unit property on an OVERSIZED LOT, with ample parking. Forget the hassle of street parking! This property provides an oversized- three car garage, four exterior parking spaces, and plenty of convenient off-street parking, ensuring residents have a designated spot for their vehicles. All units are on month-to-month rental agreements with occupants, with NO LEASES in place which gives new ownership the opportunity for rental growth in an area with high rental demand. Occupants are longtime family friends that have grandfathered in rents. Amazing location near schools, parks, restaurants, shops, public transportation and so much more. With three 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.
New
Price cut: $75K (8/12)
$475,000
101 N 23rd Ave, Melrose Park, IL 60160
5beds
--sqft
Est.:
Multi Family
Built in 1933
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Four exterior parking spacesOversized- three car garageOversized lotAmple parking
- 11 hours
- on Zillow |
- 68 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listing courtesy of:
Angel Rosales 773-573-2800,
PROSALES REALTY
Source: MRED as distributed by MLS GRID,MLS#: 12443661

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Utility Room-Lower Level
Heating
- Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Full,Walk-Out Access
Video & virtual tour
Property
Parking
- Total spaces: 7
- Parking features: On Site, Garage Owned, Detached, Owned, Garage
- Garage spaces: 3
Lot
- Size: 2,644 Square Feet
- Features: Corner Lot
Details
- Parcel number: 15101020330000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1933
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Melrose Park
Financial & listing details
- Tax assessed value: $309,990
- Annual tax amount: $8,055
- Date on market: 8/12/2025
- Ownership: Fee Simple
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