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1511 N 15th Avenue Melrose Park, IL $ 425,000
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1511 N 15th Avenue
$ 425,000
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1511 N 15th Avenue

Melrose Park, IL, 60160
$ 425,000
Bedrooms5 Baths2.0

Monthly Estimate*

$ 2,617

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Multi-Family Home for sale in Melrose Park, IL

for $425,000 with 5 bedrooms and 2 full baths. This home was built in 1922.

Well-maintained 2-flat in desirable Melrose Park featuring strong rental income potential! The first-floor unit offers 3 bedrooms and 1 bath, while the second-floor unit features 2 bedrooms and 1 bath. Updated flooring and fresh paint throughout. Situated on an oversized lot with a detached garage and conveniently located near shopping, dining, and major transportation. Great opportunity for investors or owner-occupants!

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Multi-Family Active

Price

$ 425,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,766

Style

Year Built

1922

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

12567939
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Garage Spaces 2
Construction Materials Frame
Year Built 1922
Township Proviso
Tax Year 2024
Ownership Fee Simple
Additional Parcels Description 15032100130000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 9
Status Active
Directions North Avenue to 15th Avenue South Lake Street to 15th Avenue North Division and 15th Avenue
City Melrose Park
High School District 209
MLS Area Melrose Park
Tax Annual Amount 8766
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 89
Elementary School District 89
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Interior
Basement Unfinished Full
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Garage Owned Detached Owned Garage
Water Source Lake Michigan
Total Parking 9
Lot Dimensions 50X123
Waterfront Y/N N
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* Excluded Features
List By
Coldwell Banker Realty

Broker

sergio.moya@cbrealty.com

Email

Affordability Calculator

$3,347
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$731
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
564958 Elementary School
567770 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/13/2026$425,000 Listed Price

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1511 N 15th Avenue, Melrose Park, IL, 60160 is a Multi-Family Home for sale at $425,000. 1511 N 15th Avenue has 5 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 60160 which is in Melrose Park, IL

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