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101 N 23 Avenue
Melrose Park IL 60160 US

$475,000

Active Under Contract Listing ID 12443661
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5 bed
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Other

$475,000

Active Under Contract Listing ID 12443661
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101 N 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.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Corner Lot
  • Roof Type: Asphalt
  • Heating Fuels: Natural Gas

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 475000
  • unparsedaddress: 101 N 23 Avenue
  • postalcity: Melrose Park
  • stateorprovince: IL
  • country: US
  • postalcode: 60160
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Angel Rosales
  • listagentemail: myrealtorangelr@gmail.com
  • listagentkey: 3yd-MREDIL-899313
  • listagentmlsid: 899313
  • listagentpreferredphone: 7734564646
  • listagentofficephone: 7735732800
  • listofficekey: 3yd-MREDIL-86432
  • listagentstatelicense: 475194849
  • listofficemlsid: 86432
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1933
  • listingcontractdate: 2025-08-11
  • listagenturl: https://www.prosalesrealty.com/
  • countyorparish: Cook
  • parcelnumber: 15101020330000
  • elementaryschooldistrict: 209
  • middleorjuniorschooldistrict: 209
  • highschooldistrict: 209
  • heating: Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 7
  • roof: Asphalt
  • waterfrontyn: False
  • exteriorfeatures: Corner Lot
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Utility Room
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"PROSALES REALTY", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"myrealtorangelr@gmail.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":"prosalesrealtyfrontdesk@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"PROSALES REALTY", "ListBrokeragePhone":"(773) 573-2800", "ListBrokeragePostalCode":"60634", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"7154 W. Addison St", "ListBrokerageWebsiteUrl":"https://www.prosalesrealty.com/", "ListOfficeAddress1":"7154 W. Addison St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"109891", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":"prosalesrealtyfrontdesk@gmail.com", "ListOfficePostalCode":"60634", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Melrose Park, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/101-N-23rd-Ave_Melrose-Park_IL_60160_M95770-73153?f=listhub&s=MREDIL&m=12443661&c=rexren", "MLSModificationTimestamp":"2025-10-19T22:54:01Z", "Neighborhoods":[{"Description":null, "Name":"Melrose Park"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Residential Income", "RoomCount":17, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8055.2, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/20/2025 4:05:26 AM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Angel Rosales, PROSALES REALTY, myrealtorangelr@gmail.com

Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.