2029 19th Avenue , Melrose Park, IL 60160

$480,000
  • 2029 19th Avenue , Melrose Park, IL 60160 Main Photo

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New to the Market New
BEDS6 BATHS4 full MLS#12626222
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 84.5

Property Description

Solid brick 2-flat in the heart of Melrose Park, ideal for investors! Both spacious units offer 3 bedrooms, 1.5 bathrooms, central air, in-unit laundry, and separate utilities, with modern layouts and private entrances. The second unit is currently rented for $1,800/month and features a new water heater, while the first unit is leased at $1,900/month - bringing total monthly rental income to $3,700. Rental comps in the area show potential up to $2,100/month, leaving room to increase cash flow. The property also includes a rare 7-car parking pad in the rear. Conveniently located near schools, shopping, parks, and expressways. A great opportunity for investors looking to add a fully occupied, income-producing property to their portfolio. Please note: photos of Unit 1 are from a previous tenant.

2029 19th Avenue | MLS# 12626222

This multi-family property located at 2029 19th Avenue , Melrose Park, IL 60160 is currently listed for sale with an asking price of $480,000. 19th Avenue is located within the District 84.5 school district. Search Melrose Park real estate on www.gogambino.com today.

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Open House Sunday April 26th, 11:00am - 1:00pm

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Natural Gas
Lot Size: 5,704 sqft
Roof Type: Asphalt
Taxes: $13,696
Year Built: 2005

Feature Descriptions

Exterior: Brick
Lot Dimensions: 5,704 sqft
Parcel#: 12343020900000
Parking: Assigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 16
Township: Leyden
Water: Public

Local Schools

High School: Rhodes Elementary School
Middle School: Rhodes Elementary School
Elementary School: Rhodes Elementary School
School District: District 84.5

Listed By / Shown By

Listed By

Agency Name: Keller Williams Premiere Properties
Agency Phone: 630-545-9860

Shown By

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

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Estimated Payment

$ 3,461.64 per month $2,180.31 Principal & Interest $1,141.33 Property Tax $140.00 Homeowner's Insurance

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