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1617 N 35th Avenue , Melrose Park, IL 60160

$625,000
  • 1617 N 35th Avenue , Melrose Park, IL 60160 Main Photo

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New to the Market New
BEDS8 BATHS5 full MLS#12655013
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 209

Property Description

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.

1617 N 35th Avenue | MLS# 12655013

This multi-family property located at 1617 N 35th Avenue , Melrose Park, IL 60160 is currently listed for sale with an asking price of $625,000. N 35th Avenue is located within the District 209 school district. Search Melrose Park real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Partial
Basement: Yes
Heating: Natural Gas, Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt
Taxes: $11,525
Year Built: 1971

Feature Descriptions

Exterior: Brick
Lot Dimensions: 40X120
Parcel#: 15041210660000
Parking: Assigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 14
Township: Leyden
Water: Lake Michigan

Local Schools

School District: District 209

Listed By / Shown By

Listed By

Agency Name: Citypoint Illinois LLC
Agency Phone: 847-744-5003

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,981.65 per month $2,838.95 Principal & Interest $960.42 Property Tax $182.29 Homeowner's Insurance

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