101 North 23 Avenue, Melrose Park, IL

$475,000

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5

Beds

3

Baths

About 101 North 23 Avenue

***PLEASE CLICK ON THE VIRTUAL TOUR LINKS...THERE IS ONE LINK PER UNIT*** This charming 3 Unit building is nestled in the heart of Melrose Park, offering a fantastic opportunity for investors or multi-family living. Here is your opportunity to own a part of Melrose Park History via this 3 Unit property on an OVERSIZED LOT, with ample parking. Forget the hassle of street parking! This property provides an oversized- three car garage, four exterior parking spaces, and plenty of convenient off-street parking, ensuring residents have a designated spot for their vehicles. All units are on month-to-month rental agreements with occupants, with NO LEASES in place which gives new ownership the opportunity for rental growth in an area with high rental demand. Occupants are longtime family friends that have grandfathered in rents. Amazing location near schools, parks, restaurants, shops, public transportation and so much more. With three units, this property offers an excellent opportunity for generating multiple income streams. Whether you decide to rent out all units or live in one and rent out the others, the potential for substantial returns is within reach. This may be the one you'll want to call home or add to your portfolio.

Features of 101 North 23 Avenue

MLS® # 12443661
Price $475,000
Bedrooms 5
Bathrooms 3.00
Acres 0.00
Year Built 1933
Type Residential Income
Sub-Type Two to Four Units
Status Active

Community Information

Address 101 North 23 Avenue
Area Melrose Park
City Melrose Park
County Cook
State IL
Zip Code 60160

Amenities

Parking Spaces 7
Parking On Site, Garage Owned, Detached, Owned, Garage
# of Garages 3
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full, Walk-Out Access

Exterior

Exterior Brick
Lot Description Corner Lot
Roof Asphalt

School Information

District 209

Additional Information

Days on Market 63
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficePROSALES REALTY
Contact Info773-573-2800

Listing Map

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