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101 N 23 Avenue

Melrose Park, IL 60160

5 beds
3 baths
– sqft
1933 build
– on site

***PLEASE CLICK ON THE VIRTUAL TOUR LINKS...THERE IS ONE LINK PER UNIT***THIS ONE WILL NOT LAST!!! 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. Sold AS-IS.

Listing courtesy of MRED / PROSALES REALTY as distributed by MLS GRID

Last checked: Checking… • Last updated Jan 4, 2025 •

MLS# 12264337 —

The Building

Year Built:

1933
Rebuilt:

No
New Construction:

false
Roof:

Asphalt
Basement:

Full, Walkout
Other Equipment:

Water Heater-Gas

Interior

Room Type:

Utility Room-Lower Level
Rooms Total:

17

Location

Directions:

LAKE ST (East of 25th) TO 23RD AVE; SOUTH TO PROPERTY
Location:

86432

The Property

Parcel Number:

15101020330000
Property Type:

Residential Income
Location:

N
Lot Features:

Corner Lot
Lot Size Dimensions:

2644
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

8055.2

Beds

Bedrooms Total:

5
Bedrooms Possible:

5

Baths

Baths:

3
Full Baths:

3

The Listing

Virtual Tour Unbranded:

Virtual Tour
Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School District:

89
Middle Or Junior School District:

89
High School District:

209

Parking

Parking Total:

7
Parking Onsite:

Yes
Parking Ownership:

Owned
Garage Type:

Detached
Garage Spaces:

3
Garage Onsite:

Yes
Garage Ownership:

Owned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
1/3/25 Jan 3, 2025	Listed / Active	MRED	$550,000

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This multifamily located in West Village, Melrose Park, IL 60160 is currently for sale for $550,000. 101 N 23 Avenue is a – square foot multifamily with 5 beds and 3 baths that has been on Estately for 3 days. 101 N 23 Avenue is in the West Village neighborhood of Melrose Park and has a WalkScore® of 76, making it very walkable. This multifamily is in the attendance area of Melrose Park Elementary School, Proviso East High School, and Stevenson Middle School.

Listing courtesy of MRED, PROSALES REALTY, and Angel Rosales as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Jan 4, 2025, 09:00 am. 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.