1617 N 35th Avenue,Melrose Park, IL 60160
Melrose Park, IL 60160
Description
INVESTOR ALERT! Welcome to 1617 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated mechanicals and a clean, functional layout. On-site laundry includes coin-operated washer/dryer for added convenience and income. The property sits on a shared common driveway and offers excellent parking access. For buyers looking to expand their portfolio, the adjacent property at 1619 N 35th Ave is also available and includes a 2-car garage, making this a rare package deal opportunity with additional income and development potential. Whether you're looking for steady rental income, future value appreciation, or a package deal in a prime rental market, this investment checks all the boxes. An IL licensed real estate broker has an ownership interest in the LLC that owns the property.
Details
| MLS # | 12666849 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1971 |
| Days On Site | 138 |
| Listing Provided By | Citypoint Illinois LLC | Kathleen Long |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
Interior
| Rooms Total | 14 |
|---|---|
| Heating | Natural Gas, Forced Air |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick |
Parking
| Parking Features | Assigned, Yes, Owned |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 11879.09 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Melrose Park |
| Zip Code | 60160 |
| Area | Melrose Park |
| Listing VS Median (in 60160) | |
Price: $615,000 low | high Med: $409,950 On site: 138 low | high Med: 29.5 | |
Market Activity 60160
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Melrose Park |
| Zip Code | 60160 |
| Area | Melrose Park |
| Listing VS Median (in 60160) | |
Price: $615,000 low | high Med: $409,950 On site: 138 low | high Med: 29.5 | |
