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Description
Solid brick 2-flat in the heart of Melrose Park, ideal for investors! Both spacious units offer 3 bedrooms, 1.5 bathrooms, central air, in-unit laundry, and separate utilities, with modern layouts and private entrances. The second unit is currently rented for $1,800/month and features a new water heater, while the first unit is leased at $1,900/month - bringing total monthly rental income to $3,700. Rental comps in the area show potential up to $2,100/month, leaving room to increase cash flow. The property also includes a rare 7-car parking pad in the rear. Conveniently located near schools, shopping, parks, and expressways. A great opportunity for investors looking to add a fully occupied, income-producing property to their portfolio. Please note: photos of Unit 1 are from a previous tenant.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 6
Bathrooms: 4
County: Cook
High School: Rhodes Elementary School
Listed By:
Keller Williams Premiere Properties
630-545-9860
MRED MLS
MLS ID: 12626222
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2029 19th Avenue , Melrose Park, IL 60160.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $480,000 | $480,000 | $480,000 |
| Down Payment | $96,000 | $16,800 | $120,000 |
| Monthly Mortgage Amount | $2,272 | $2,826 | $2,918 |
| Taxes | $668 | $668 | $668 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $211 | $0 |
| Monthly Estimated Total | $3,080 | $3,845 | $3,726 |
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/24/2026. The listing information on this page last changed on 04/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/24/2026 12:12:58 AM EST) or MRED MLS (last updated Fri 04/24/2026 12:05:05 AM EST) or SCWMLS (last updated Thu 04/23/2026 11:54:43 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/23/2026 10:15:31 PM EST) or Cedar Rapids MLS (last updated Thu 04/23/2026 10:44:22 PM EST) or NEIRBR MLS (last updated Fri 04/24/2026 12:08:46 AM EST) or ICAAR MLS (last updated Thu 04/23/2026 11:37:29 PM EST) or ECIMLS (last updated Thu 04/23/2026 11:44:17 PM EST) or RMLSA (last updated Fri 04/24/2026 12:10:59 AM EST) or Muscatine MLS (last updated Thu 04/23/2026 8:44:13 PM EST) or No Coast MLS (last updated Fri 04/24/2026 12:04:25 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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