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4 Properties Within 0.5 miles of: 1617 N 35th, Melrose Park

1617 N 35th
Melrose Park, IL 60160

  • 8 Beds
  • Built In 1971
Price

$615,000

Est Payment
$4,096 / month (details)  
Taxes
$11,879  
Beds
8  
Rooms
14  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
40X120  
Built
1971  
Neighborhood
Melrose Park  
MLS
#12666849
Status
Active

Property Description

INVESTOR ALERT! Welcome to 1617 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated mechanicals and a clean, functional layout. On-site laundry includes coin-operated washer/dryer for added convenience and income. The property sits on a shared common driveway and offers excellent parking access. For buyers looking to expand their portfolio, the adjacent property at 1619 N 35th Ave is also available and includes a 2-car garage, making this a rare package deal opportunity with additional income and development potential. Whether you're looking for steady rental income, future value appreciation, or a package deal in a prime rental market, this investment checks all the boxes. An IL licensed real estate broker has an ownership interest in the LLC that owns the property.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
3 Parking Spaces, Assigned, Yes, Owned
Schools
District 209, District 89

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • Union Pacific West 0.8 mi
  • I 290 West 2.1 mi
  • I 294 North 2.1 mi
  • Hwy 20 West 2.1 mi
  • I 290 East 2.3 mi
  • I 88 East 2.3 mi
  • I 294 South 3.3 mi
  • Hwy 20 East 3.7 mi
  • I 88 West 4.2 mi
  • Hwy 12 4.4 mi
  • Hwy 45 4.4 mi
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