1670 N 1st Ave

Melrose Park, IL 60160
  • $869,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 3,510

    SqFt

About the Listing 10560 - 107620,35933

Prime Investment Opportunity - Well-Maintained 6-Unit Brick Building Outstanding location! This attractive, free-standing ALL brick and stone 6-unit building has an exceptional rental history and has never been vacant. Conveniently located just steps from the new Amazon Fulfillment Center, this property offers strong rental demand and excellent investment potential. The building features: Five spacious 2-bedroom units, One 1-bedroom unit, A total of 10 parking spaces Recent improvements include: New concrete driveway with parking for 4 vehicles in front and 2 New Concrette-car parking in the rear, plus asphalt parking for the remaining spaces Total (10 Car Parking), ALL New Roof, gutters, and aluminum soffits, Some newe windows, Several updated bathrooms, New owned coin-operated washer and dryer, providing additional income, Newer tuckpointing, Current rents offer significant upside potential, as all rents include heat and cooking gas. With market-rate adjustments, a new owner may have the opportunity to substantially increase rental income. Ideally located near shopping, transportation, restaurants, and other everyday conveniences, this is a rare opportunity to acquire a solid, income-producing property in a high-demand location.

Listing Highlights

Status Pending
Days on Site 23
Property Type Multi-Family
MLS ® 12726844
Year Built 1960
Total Square Footage 3,510
Lot/Acreage 0.16
County Cook

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating: Gas,Hot Water,Baseboard
  • Fireplaces: 0
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 45X152
  • Zoning: OTHER
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 6-12 Spaces,Paved

Financial Details

  • Tax Amount: $11,435
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 15021110910000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

1670 N 1st Ave Melrose Park, IL 60160

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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