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$475,000
17 Days On Site

101 N 23 Avenue
Melrose Park, IL 60160

For Sale|Multi Family|Active
5
Beds
3
Total Baths
1933
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of PROSALES REALTY
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101 N 23 Avenue101 N 23 Avenue101 N 23 Avenue101 N 23 Avenue
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***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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Listing Snapshot
Price 
$475,000
Days On Site 
17 Days
Bedrooms 
5
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1933
MLS® Number 
12443661
Status 
Active
Property Tax 
$8,055.2
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
3
Parking 
On SiteDetachedGarage
Parking Spaces 
7
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
UnfinishedFullWalk-Out Access
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner Lot
Roof 
Asphalt
Community Features
MLS Area 
Melrose Park
School District 
209
Township 
Proviso
Schools
School District
209
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of PROSALES REALTY



Based on information submitted to the MLS GRID as of 2025-08-29 06:59 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-08-29 06:59 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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