1550 N 1st Ave.

1550 N 1st Ave., Melrose Park, IL 60160

Sold for $1,090,000 on 12/17/21


Beds Baths Built Sq.Ft. Garage Taxes On Market
1964 0 $26,770 1303 days

GREAT CASH FLOW! 12 turn-key apartments with an optimal unit mix: (10) 2-Bed and (2) 1-Bed units in the dynamic and fast-growing Melrose Park community. Buildings include 12 parking spaces, strong income, and low expenses! The owner invested in numerous capital improvements including all new electrical services (2019), roof replacements (2017, 2019), parking lot seal and patch (2019), and HVAC upgrades (2019). 11 of the 12 units were renovated in the last 5 years with two tone paint schemes, new flooring, and significant kitchen and bath updates (including granite counters, cabinets, and appliances). ALL THE HARD WORK IS DONE! PASSIVE INVESTMENTS! Note, there are two addresses (1550 and 1560 N. 1st Ave).

Listing courtesy of Second City Real Estate


Marco Amidei
Marco Amidei
(888) 32-Marco (847) 630-4886
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