Melrose Park IL Real Estate & Homes for Sale

Tender loving care is what this home needs. CASH or Conventional financed buyers only. 4 + BEDROOMS. Large Expandable Ranch with finished 2nd floor. Just repainted & new floors in kitchen & utility area on main floor. Offers additional bedrooms & partial front dormer for 2nd bath. Rear full dormer would add much more living space to 2nd floor. Large lot leaves plenty of room for a Family room also. Needs some work & updating but brick structure & spacious interior & lot size. Driveway adjoining neighbor to east. OFFERED AS-IS, which includes any appliances or other personal property. Bring offers. Priced to SELL. Unincorporated Cook County, Leyden Township. (Melrose Park), 60164

Attention Investors A Fantastic Opportunity in the hard of Melrose Park 1 1/2 story home with 3 bedrooms, 2 bathrooms and a 2 car detached garage! double overhead doors LONG TIME tenant occupied willing to stay current RENT $1500 MTM Property is being sold in as-is condition. The seller does not make any representations or warranties as to its condition& dimensions. Taxes pro-rated at 100% Buyer responsible for any and all inspections, village escrows and repairs. Seller does not provide survey purchase these property and start collecting money at time of closing

Unincorporated Leyden Township. Huge home with 3 levels of living space totaling 8 bedrooms and 4 bathrooms. In-law arrangements on each floor. Basement has a summer kitchen with a family room, 2 bedrooms and 2 full bathrooms, the main floor has an eat-in kitchen, living room, dining room, 3 bedrooms and a full bathroom. Top floor gives you an additional family room, 3 more bedrooms and a full bath. Separate hallways in front and the back of the building. attached 2.5 car garage, huge yard and a lot more. Newer furnace, freshly painted throughout, newer windows, roof. Updated flooring. Property is much bigger than some 3-flats.

GREAT LOCATION! 10,000 SQ FT LOT! FANTASTIC OPPORTUNITY FOR THOSE WITH A VISION. 1.5 STORY 3 BED 1 BATH BUNGALOW. NEWER MECHANICALS AND WINDOWS. CENTRAL LOCATION CLOSE TO O'HARE AIRPORT. PREFERRED SCHOOL DISTRICTS. DESIRABLE NEIGHBORHOOD. DON'T MISS OUT THIS DIAMOND IN THE ROUGH!

Welcome to a lucrative opportunity nestled in the heart of Melrose Park, where prime real estate meets exceptional potential. This property offers a blend of comfortable living space and exceptional rental income potential, making it ideal for investors looking to maximize returns in the real estate market, as well as a unique option to have a unit to reside in. This investment gem sits within close proximity to constantly developing shopping centers, major highways, schools, parks, and public transportation. Its strategic location not only enhances its desirability for tenants and investors alike, but also presents long-term appreciation in property value. A well-maintained 4-unit brick building comprises of three spacious 2-bedroom apartments and one large single-bedroom unit. A Large laundry room with coin operated washer and dryer and additional storage for each apartment. A Shed located in the back of the property, along with a common picnic area. The building also has 5 parking spots, a highly-desirable feature in the area. The building is equipped with a newer roof and gutters (2017) as well as new fire-resistant doors. All units are currently occupied by long-term tenants. With the current lower rents, the capitalization rate is 6.15 precent . With brought up to market value rent, the capitalization rate rises above 8.4 precent ! This property offers investors a rare opportunity for substantial returns on their investment in today's flourishing market. Whether you're looking to diversify your portfolio, generate passive income, or secure a residence with income potential, this investment promises to deliver both financial rewards and lifestyle benefits. One of the owners is a licensed real estate agent.