Melrose Park, IL, Real Estate

Melrose Park currently has 31 single family homes with an average list price of $351,090, 7 condos/townhomes with an average list price of $332,243, and 15 multi-unit homes with an average list price of $490,373. The average annual property tax for Melrose Park is $4,502.

What's Hot & What Not

absorption_rate

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Melrose Park, i.e. what's hot and what's not.

See What's Hot & What's Not in Melrose Park

Subdivisions/Buildings

Subdivisions/Buildings Median Price
No Photos Leyden Gardens
Leyden Gardens is a single family home subdivision located in Melrose Park, Illinois south of Fullerton Avenue and wst of 25th Avenue. 		$247,500
No Photos Riverwoods
Riverwoods is a condominium complex for active adults 55+, it was built in 2002. Riverwoods is located in Melrose Park, Illinois at 1700 Riverwoods Drive south of North Avenue. Read more 		$257,000
No Photos Silver Creek
Silver Creek is a townhouse community built in the 1960's. Silver Creek is located in Melrose Park, Illinois south of North Avenue and east of 15th Avenue. Read more 		$167,000
No Photos Thatcher Woods
Thatcher Woods is a condominium complex built between 2005 and 2008. There are 10 floor plans available with square feet ranging from 981 to 2,115 square feet. Thatcher Woods is located in Melrose Park, Illinois off of North Avenue east of 1st Avenue. Read more 		$212,500
No Photos Winston Park
Winston Park is a single family home neighborhood built in the 1950's. WInston Park is located in Melrose Park, Illinois south of North Street and west of 1st Avenue. Read more 		$349,000

Metra Stations

Station Line Address
Melrose Park Union Pacific / West Line (UP-W) 1801 W. Main St.
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Real Estate News

New Homes with a Master Bedroom on the 1st Floor in Melrose Park: June 7th to June 13th New Homes with a Master Bedroom on the 1st Floor in Melrose Park: June 7th to June 13th - June 14, 2025
Melrose Park had 3 new homes for sale with a master bedroom on the first floor during the week of Saturday, June 7 to Friday, June 13, including 3 single ... continue reading
New Homes For Sale This Week in Melrose Park: June 6th to June 12th New Homes For Sale This Week in Melrose Park: June 6th to June 12th - June 13, 2025
Melrose Park had 4 new homes for sale during the week of Friday, June 6 to Thursday, June 12, including including 4 single family homes with an average list price ... continue reading
Least Expensive Homes For Sale in Melrose Park: June 12th Least Expensive Homes For Sale in Melrose Park: June 12th - June 12, 2025
The following are the least expensive homes currently for sale in Melrose Park as of Thursday, June 12, including 35 single family homes with an average list price of $353,049. ... continue reading
New Active Adult 55+ Homes For Sale in Melrose Park: June 5th to June 11th New Active Adult 55+ Homes For Sale in Melrose Park: June 5th to June 11th - June 12, 2025
Melrose Park had only 1 new home for sale in active adult 55+ community during the week of Thursday, June 5 to Wednesday, June 11, and it was a single ... continue reading
Homes Just Sold in Melrose Park: June 3rd to June 9th Homes Just Sold in Melrose Park: June 3rd to June 9th - June 10, 2025
Melrose Park had only 1 sale during the week of Tuesday, June 3 to Monday, June 9, including and it was a condo/townhome with a list price of $269,998. $269,998 1650 ... continue reading
View Melrose Park News

Nearby Parks

Park Amenities
No Photos Bataan Park
1220 North 9th Avenue 		Baseball Diamonds Playground Softball Fields Tennis Courts
No Photos Bulger Park
West Hirsch Avenue and North 17th 		Spray Park Tennis Courts
No Photos Frost Park
South Roberta Avenue and Soffel 		Basketball Courts Playground