Melrose Park IL Real Estate & Commercial for Sale

7 Properties Found

The median home value in Melrose Park, IL is $285,000. This is higher than the county median home value of $267,250. The national median home value is $277,796. The average price of homes sold in Melrose Park, IL is $285,000. Approximately 47% of Melrose Park homes are owned, compared to 46% rented, while 7% are vacant. Melrose Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Melrose Park real estate agent to arrange a tour today!
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1–7 of 7 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
11642877
Type:
Mixed Use
Year built:
1918
A broker reciprocity listing Courtesy: Landmark Realtors
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FULLY LEASED! PRIME LOCATION! The property located right at downtown of Melrose Park with easy and free street parking. This two story building features 2 first-floor retail suites, 1 second floor retail suite, 2 second floor apartment units and rear 9-space surface parking lot. The first-floor suites have individual gas furnaces and ground mounted condensers for heating and cooling. The second-floor retail suite and apartment units are heated via a new central boiler and cooled via tenant supplied window AC units. The owners spent more than hundred thousands to improve and renovate this mixed-use property in 2020-2021. Work completed includes new windows at rear of residential units, new gutters and downspouts, new roof covering on flat portion of roof, tuckpointing and exterior painting, new vinyl siding by storefronts, electrical upgrades, installation of security cameras, new boiler and hot water tank, 2 new furnaces and one new condenser unit for first-floor retail tenants, added demising wall between first floor retail suites (was previously utilized by one tenant), and complete remodel of the La Clinic retail suite including adding a private bathroom. Also, the spacious basement is a plus and ready for your ideas. The hair salon on the 2nd floor is owned and operated by the owner that can generate more income. Low property tax! You have nothing to do but collect monthly rent. AS-IS Sale.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
11641790
Type:
Mixed Use
Year built:
1918
A broker reciprocity listing Courtesy: Stonetrust Realty Group, Inc.
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OPPORTUNITY KNOCKS!!!!! The listing is for the sale of the properties only and not the businesses. The sale consists of 2213-2219 W. Lake Street (El Ranchito property), Melrose Tax Services, Cafe 23, and five apartments to the corner of 23rd and Lake (Cafe 23rd property). The roof was replaced in 2014 - Tuckpointing, Parking lot, sidewalks, and aluminum siding were all replaced in 2018. Over $140,000 in upgrades over the past 5 years. All 5 residential units remodeled in 2018. 4 units have newer furnaces. 8 parking spots in rear of building and an additional 5 in front. Longtime business owners; El Ranchito over 30 years, Tax Services over 20 years, and Cafe 23 over 8 years. Businesses pay water, garbage, gas and electric. Tenants pay electric and gas. This is a well taken care of and turn-key building. Owner is a licensed real estate broker in the state of Illinois.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11631761
Type:
Other
Year built:
1963
A broker reciprocity listing Courtesy: Stonetrust Realty Group, Inc.
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All brick 11 unit building in impeccable condition. WELL MANAGED BUILDING. 10 units are 1 bedroom and 1 bath and the 11th unit is a studio that can be used as an office. 10 parking spots that can be doubled to 20. Apartments are remodeled with ceramic tile flooring - long term tenants. Enclosed patio with privacy, vinyl fencing. Roof and gutters replaced in 2014 - two 75 gallon hot water tanks replaced in 2020 - new boiler pump in 2019 - 3 coin operated washers/dryers - individual storage lockers for each unit - total rent income is $108,900/year which can definitely be higher. Garage is rented. Long term tenants however, as tenants move out rents have been substantially increased. Definitely a turn key building. Owner is a licensed real estate broker in the State of Illinois.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11619371
Type:
Other
Lot size:
0.42 Acres
Year built:
1945
A broker reciprocity listing Courtesy: Horvath & Tremblay IL, LLC
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11443055
Type:
Other
Year built:
1925
A broker reciprocity listing Courtesy: RE/MAX At Home
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Prime location in MELROSE PARK. Corner of Lake street and 33rd ave. Located on a stoplight, bus stop corner. A turn key operation for a used car lot, or bring your new ideas. 1800 square foot building with several offices, 2 washrooms, drive in door to detailing work shop area. Land is approximately 162' Lake street frontage by 135' deep. Yes, finally the new 25th Ave bridge south of Lake Street is now open to enhance this location.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11389941
Type:
Mixed Use
Year built:
1977
A broker reciprocity listing Courtesy: Mon Ami Residential
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Mixed Use 5,880 SF property in excellent Melrose Park location. Adjacent vacant lot next door included for a total lot size of 105x126'. The 2750 SF commercial space is fully built out as a medical office. It is currently listed for lease at $17 SF/YR. The second floor features 2 residential units with separate entrances for each. Front unit is a newly renovated 2 bed 1 bath with new luxury vinyl floors, fresh paint, new SS appliances, and an open layout with a spacious living & dining area. Approximately 1400sqft per unit, plus a private balcony, central air, and separate utilities. Unit 2 is currently available for rent at $1500/mo. Unit 3 is in mostly original condition with long term tenants in place. Signage increases property's visibility. Very easy street parking directly outside for customers plus private gated exterior parking. Excellent Melrose Park location within close proximity to Lake Street, Expressways, Metra Station just 1 block away, Westlake Hospital, Menards, Target, and much more.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11379955
Type:
Other
Year built:
1966
A broker reciprocity listing Courtesy: eXp Realty LLC
View additional info

West Leyden school district. Beautiful Brick 12 Flat. 8 apartments with 2 bedrooms, 1 bath, and 4 apartments with 1 Bedroom and 1 bath. Cement driveway, Parking lot in great condition. NEW Hot water tank installed in 2021. Property sold as is. ** There are no leases, all are on a month to month.

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Listings courtesy of APPLICABLE MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/3/2022. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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