Melrose Park, IL 60160 101 N 23 Avenue
$475,000



25 more

























Presented By: PROSALES REALTY
Home Details
***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.
Presented By: PROSALES REALTY
Interior Features for 101 N 23 Avenue
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
Full Baths Building3
Half Baths Building
Total Baths3
Other Interior Features
BasementUnfinished, Full, Walk-Out Access
Total Number of Units3
Other Rooms
Room TypeUtility Room-Lower Level
General for 101 N 23 Avenue
Additional Parcels Y/NNo
CityMelrose Park
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsLAKE ST (East of 25th) TO 23RD AVE; SOUTH TO PROPERTY
Elementary School District89
Garage Spaces3
HeatingNatural Gas
High School District209
MLS AreaMelrose Park
Middle/Junior School District89
ModificationTimestamp2025-10-20T02:54:01.571Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount8055.2
Tax Year2023
Total Rooms17
TownshipProviso
Virtual TourClick here
Year Built1933
Exterior for 101 N 23 Avenue
Lot Dimensions2644
Lot FeaturesCorner Lot
Other EquipmentWater Heater-Gas
Parking FeaturesOn Site, Garage Owned, Detached, Owned, Garage
Total Parking7
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History

SQFT • 2,379