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Amazing Investor or New Home owner opportunity in the heart of Melrose Park. Whether you are looking to expand your portfolio or Live in one unit and rent out the other, this is the home for you! Both Units have been fully remodeled along with a brand new finished basement for added living space. This will allow you to maximize the income potential this property can generate. 2nd level unit is a 2 bed/1bath, while the main unit boasts the same 2bed/1bath plus an additional family room, sitting room and half bath in the connecting basement. With your imagination, you can add bedrooms instead in the finished basement. Added convenience: Lot includes Parking for up to 5 vehicle's, for added rental income if rented separately. Big side yard for all get togethers or events and summer relaxation. Both Units to be vacant and available as of March 1st 2025, which gives new ownership the luxury of maximizing rental income in a high rental demand area. Amazing location near schools, parks, restaurants, shops, public transportation and close to highways and O'Hare airport! While the owner went above and beyond on the rehab, there are some upgrades still possible for an immediate equity boost to this property. The owner is ready to move on to his new personal residence and therefore this Property is being SOLD AS-IS
DAYS ON MARKET | 2 | LAST UPDATED | 1/30/2025 |
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YEAR BUILT | 1925 | COMMUNITY | Melrose Park |
COUNTY | Cook | STATUS | Active |
PROPERTY TYPE(S) | Single Family |
ADDITIONAL DETAILS | |
AIR | Central Air, Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Melrose Park |
BASEMENT | Finished, Full, Yes |
CONSTRUCTION | Aluminum Siding |
HEAT | Natural Gas |
LOT | 0 |
LOT DIMENSIONS | 50 X 125 |
PRIMARY ON MAIN | Yes |
SEWER | Public Sewer |
TAXES | 6146.71 |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2025 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.