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!
Active
Price cut: $15K (6/30)
$634,900
1933 N 18th Ave, Melrose Park, IL 60160
7beds
--sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Solid conditionSpacious layout
- 20 days
- on Zillow |
- 546 |
- 31 |
Zillow last checked: 7 hours ago
Listing updated: August 10, 2025 at 10:06pm
Listing courtesy of:
Richard Balauag 224-381-6226,
Citypoint Illinois LLC
Source: MRED as distributed by MLS GRID,MLS#: 12438838

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 6
- Parking features: Unassigned, Side Apron, Driveway, On Site
- Has uncovered spaces: Yes
Lot
- Size: 8,712 Square Feet
- Dimensions: 50 X 150
Details
- Parcel number: 12343070070000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Sidewalks, Street Lights, Street Paved
Location
- Region: Melrose Park
Financial & listing details
- Tax assessed value: $410,000
- Annual tax amount: $13,369
- Date on market: 8/5/2025
- Ownership: Fee Simple
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