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  • Price cut: $75K (8/12)
    $475,000

    101 N 23rd Ave, Melrose Park, IL 60160

    5beds
    --sqft
    : 
    Multi Family
    Built in 1933
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Four exterior parking spacesOversized- three car garageOversized lotAmple parking
    ***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.
    11 hours
    on Zillow
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    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#: 12443661MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 101 N 23rd Ave.

    Next available tour time:Today at 11:30am

    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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