113 N 16th Ave.

113 N 16th Ave., Melrose Park, IL 60160

Pending price: $330,000


Beds Baths Built Sq.Ft. Garage Taxes On Market
5 1882 2 $8,942 180 days

Investor's Dream in Prime Melrose Park Location! This meticulously maintained 2-unit building, promises not only immediate returns but also substantial future income. Situated in an excellent location, this property stands as a testament to smart real estate investing. With a strong history of generating revenue. Recent upgrades, including a brand-new electrical system and HVAC, ensure efficiency and cost savings for years to come. Thoughtful remodeling has added a fresh, appealing aesthetic, attracting quality tenants. Each unit enjoys its own separate utility meters, including water, providing convenience and transparency for both landlord and tenants. Situated on a double lot, there's ample room for outdoor parking and amenities. This property is being sold in As Is Condition, presenting an opportunity for investors to capitalize on potential value-add improvements. Nestled in the heart of Melrose Park, this property is surrounded by a thriving community and offers easy access to amenities, schools, and transportation. With its income-generating potential, recent upgrades, and strategic location, this property is poised to be a lucrative addition to any investor's portfolio. Don't miss out on this prime investment opportunity.

Listing courtesy of Alexander Realty LLC


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