$ 615,000
-
$615,000
Price -
8
Bed -
5
Bath
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About the Listing 28893 - 272139,254818
INVESTOR ALERT! Welcome to 1617 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated mechanicals and a clean, functional layout. On-site laundry includes coin-operated washer/dryer for added convenience and income. The property sits on a shared common driveway and offers excellent parking access. For buyers looking to expand their portfolio, the adjacent property at 1619 N 35th Ave is also available and includes a 2-car garage, making this a rare package deal opportunity with additional income and development potential. Whether you're looking for steady rental income, future value appreciation, or a package deal in a prime rental market, this investment checks all the boxes. An IL licensed real estate broker has an ownership interest in the LLC that owns the property.
Listing Highlights for 1617 N 35th Ave
Interior Details
- Bedrooms: 8
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Basement: Unfinished,Partial
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 3
- Lot Dimensions: 40X120
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Assigned,Yes,Owned
Financial Details
- Tax Amount: $11,879
- Taxes w/Assessments: N/A
- Tax/Property ID: 15041210660000
- Tax Year: 2024
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Monthly Payment
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Listing Location
Questions About..
1617 N 35th Ave Melrose Park, IL 60160
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