Melrose Park, IL, Real Estate

Melrose Park currently has 28 single family homes with an average list price of $338,946, 6 condos/townhomes with an average list price of $322,650, and 8 multi-unit homes with an average list price of $483,475. The average annual property tax for Melrose Park is $4,467.

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 		$207,500
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 		$347,000

Metra Stations

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

Homes Just Sold in Melrose Park: April 22nd to April 28th Homes Just Sold in Melrose Park: April 22nd to April 28th - April 29, 2025
Melrose Park had 2 sales during the week of Tuesday, April 22 to Monday, April 28, including including 1 single family home with a list price of $337,700 and 1 ... continue reading
New Homes with a Master Bedroom on the 1st Floor in Melrose Park: April 19th to April 25th New Homes with a Master Bedroom on the 1st Floor in Melrose Park: April 19th to April 25th - April 26, 2025
Melrose Park had 3 new homes for sale with a master bedroom on the first floor during the week of Saturday, April 19 to Friday, April 25, including 2 single ... continue reading
New Homes For Sale This Week in Melrose Park: April 18th to April 24th New Homes For Sale This Week in Melrose Park: April 18th to April 24th - April 25, 2025
Melrose Park had 5 new homes for sale during the week of Friday, April 18 to Thursday, April 24, including including 4 single family homes with an average list price ... continue reading
Least Expensive Homes For Sale in Melrose Park: April 24th Least Expensive Homes For Sale in Melrose Park: April 24th - April 24, 2025
The following are the least expensive homes currently for sale in Melrose Park as of Thursday, April 24, including 26 single family homes with an average list price of $339,369. ... continue reading
Homes Just Sold in Melrose Park: April 15th to April 21st Homes Just Sold in Melrose Park: April 15th to April 21st - April 22, 2025
Melrose Park had 3 sales during the week of Tuesday, April 15 to Monday, April 21, including including 1 single family home with a list price of $289,900 and 2 ... 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