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1012 N 24th Avenue Melrose Park, IL 60160 Multi Unit - Multiple Contingent

  • 1012 N 24th Avenue, Melrose Park, IL 60160 Main Photo

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Description

Exceptional investment opportunity in the heart of Melrose Park! This beautifully maintained all-brick 2-flat is perfect for buyers seeking strong rental income. Each spacious unit features 3 bedrooms, 1 full bathroom, central air, in-unit laundry, separate utilities, and generous kitchens with granite countertops and abundant cabinet space. The upper unit offers approximately 1,200 square feet plus a covered back deck, while the lower unit spans approximately 1,100 square feet and was beautifully renovated in 2023 with modern finishes and stainless steel appliances. This building offers a detached 2 car garage and plenty of parking space. Ideally located just steps from the Melrose Park Civic Center, soccer fields, public transportation, and the Melrose Park Metra Station, with easy access to major expressways. Whether you're expanding your investment portfolio or searching for the perfect home and income property, this is a rare opportunity you won't want to miss!!!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 6
Bathrooms: 2
County: Cook
High School: Proviso East High School
Listed By:
T.K. Realty Inc 630-543-7000
MRED MLS
$479,900
Est. $3,203/mo
6beds
2baths
3cars
Contingent
BEDS6 BATHS2 full MLS#12698531
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 209

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Ruhl&Ruhl Realtors
563.441.1776

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1012 N 24th Avenue, Melrose Park, IL 60160.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $479,900$479,900$479,900
Down Payment $95,980$16,797$119,975
Monthly Mortgage Amount $2,395$2,901$2,989
Taxes $668$668$668
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$211$0
Monthly Estimated Total $3,203$3,920$3,797

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