Closed

$525,000

Favorite

beds

baths

half baths

1511 N 16th Avenue

Melrose Park, Illinois 60160

Closed / MLS #11903294 / Multiple Unit (2-4) / Melrose Park

Listing information updated 3/12/2024 at 12:43am

Nestled in the heart of Melrose community, this meticulously maintained 3-flat property offers an exceptional investment opportunity.Whether you're a seasoned investor or a first-time buyer, this property offers a promising return on investment. The well-maintained units and excellent location ensure consistent rental demand. This 3-flat property in Melrose park, is a rare find in today's market. With its well-maintained units, ample parking, and desirable location, it presents an outstanding opportunity for investors seeking both immediate returns and long-term value appreciation. Don't miss out on this gem - schedule a viewing today!

Full Features

Exterior Type:

Brick

Basement:

Finished

Beds Above Grade:

Heating System:

Natural Gas, Radiator(s)

Pool:

Age:

51-60 Years

Roof Type:

Flat

Parking Type:

Space/s - Assigned

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$11,442

Tax Year:

2021

Location

Zip Code:

60160

City:

Melrose Park

County:

Cook

Schools

School District(s):

89, 209

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Homesmart Connect LLC

Listing Office Phone: 847.495.5000

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/12/2024 at 12:43am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Melrose Park, IL

Melrose Park is characterized by tree-lined streets, well-manicured homes, and a vibrant business community. Residents are brought together by events such as the Taste of Melrose Park, which brings local food vendors to the streets for a community block party. The annual Labor Day Weekend event also...

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Metra

Milwaukee District West line at Melrose Park Metra

Metra

Union Pacific West line at Melrose Park

$301,168

Average Sale Price

Average Days On The Market

97%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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1511 N 16th Avenue is a multiple unit (2-4) which sold for $525,000. 1511 N 16th Avenue features 8 Beds, 3 Baths, 2 Half Baths. This multiple unit (2-4) has been listed on @properties since October 6th, 2023 and was built in 1972. The nearest transit stops include Melrose Park Metra Union Pacific West line.