$460,000 SOLD Dec 2025
Listed at $475,000

101 N 23 Avenue, Melrose Park, IL 60160

Closed
5 beds 0 baths Built 1933 Residential Income MLS #MRD12443661 66 days on market
Listing courtesy of PROSALES REALTY · 773-573-2800 · MLS #MRD12443661 · Status: Closed
***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.

Property details

Interior

Basement
Unfinished, Full, Walk-Out Access
Additional rooms
Utility Room-Lower Level
Total rooms
17

Building & exterior

Age
91-100 Years
Exterior
Brick
Roof
Asphalt

Parking

Garage spaces
3
Total spaces
7
Parking details
Yes, Garage Owned, Detached, Owned, Garage

Lot & location

Lot dimensions
2644
Lot description
Corner Lot
Township
Proviso
County
Cook

Utilities

Heating
Natural Gas
Water
Public
Sewer
Public Sewer
Equipment
Water Heater-Gas

Schools

Elementary
(89)
Junior high
(89)
High school
(209)

Taxes & terms

Annual taxes
$8,055 (2023)
Parcel number (PIN)
15101020330000
PIN
15101020330000
Ownership
Fee Simple
Possession
Closing
Special conditions
None
Listed
8/11/2025
Sold
12/12/2025
Sold price
$460,000
Want to see this home?

The Dawn Simmons Team (RE/MAX Suburban) can show you any listed property and give you a straight answer on what it's really worth. Call/text Josh at (224) 628-4013.

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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