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$475,000
5
beds
3
baths

101 N 23 Avenue
Melrose Park, Illinois 60160

Contingent / MLS #12443661 / Multiple Unit (2-4) / Melrose Park
Listing information updated 10/19/2025 at 10:03pm
***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.
Exterior Type:
Brick
Basement:
Unfinished,Full,Walk-Out Access
Beds Above Grade:
5
Heating System:
Natural Gas
Pool:
No
Age:
91-100 Years
Roof Type:
Asphalt
Parking Type:
Garage - On Site,Garage Owned,Detached,Owned,Garage
Parking Spaces:
7
Garage:
Detached
Room Count:
17
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$8,055
Tax Year:
2023
Zip Code:
60160
City:
Melrose Park
County:
Cook
School District(s):
89, 209
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: PROSALES REALTY

Listing Office Phone: 773.573.2800

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 10/19/2025 at 10:03pm. 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. Some listings have been excluded from this website.

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...

Metra

Metra
Milwaukee District West line at Melrose Park Metra
Metra
Union Pacific West line at Melrose Park
$339,633
Average Sale Price
47
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.
Map of 101 N 23 Avenue, Melrose Park, IL 60160
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101 N 23 Avenue, Melrose Park, IL 60160 is a multiple unit (2-4) currently listed at $475,000. 101 N 23 Avenue features 5 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 11th, 2025 and was built in 1933. The nearest transit stops include Melrose Park Metra Union Pacific West line.

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