113 N 16th Avenue, Melrose Park, IL 60160 | MLS 11921632 | Listing Information | Pamela Forsberg | J.W. Reedy Realty Skip to main content
Pamela Forsberg, Realtor

113 N 16th Avenue
Melrose Park, IL 60160

Acre Lot
Courtesy: Alexander Realty LLC
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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.
Residential - Multi-Family, Other
Vinyl siding
Public Sewer
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Courtesy: Alexander Realty LLC
Listings courtesy of MRED as distributed by MLS GRID

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This content last refreshed on 3/3/2024 1:38 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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