1103 N 15th Avenue Melrose Park, IL $ 475,000
1103 N 15th Avenue
$ 475,000
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1103 N 15th Avenue

Melrose Park, IL, 60160
$ 475,000
Bedrooms5 Baths2.0 Sq 2,150

Monthly Estimate*

$ 2,925

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Multi-Family Home for sale in Melrose Park, IL

for $475,000 with 5 bedrooms and 2 full baths. This 2,150 square foot home was built in 1919.

Prime investment opportunity in Melrose Park: a meticulously maintained multi-family property on a large corner lot offering steady rental income and upgrade potential. Features two rental units plus a full, unfinished walk-out basement with coin-operated washer and dryer. Unit breakdown: main level 3-bed/1.0-bath; second level 2-bed/1.0- bath. Property includes a detached garage, two additional rear parking spaces, and backyard. Solid location with strong rental/income potential great for investors or owner-occupiers seeking rental income.

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Multi-Family Contingent

Price

$ 475,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,456

Style

Year Built

1919

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

12568391

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Construction Materials Vinyl Siding Brick Stone
Year Built 1919
Township Proviso
Tax Year 2024
Ownership Fee Simple
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 12
Status Contingent
Directions Division Street to 15th Avenue East to Property
City Melrose Park
High School District 209
MLS Area Melrose Park
Tax Annual Amount 7456
Standard Status Active Under Contract
Middle/Junior School District 89
Elementary School District 89
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Interior
Basement Unfinished Full Walk-Out Access
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 Garage Door Opener Yes Garage Owned Detached Driveway Alley Access Owned Garage
Lot Features Corner Lot
Water Source Lake Michigan Public
Total Parking 6
Foundation Details Concrete Perimeter
Lot Dimensions 52X125
Waterfront Y/N N
Other Equipment Sump Pump Multiple Water Heaters
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* Excluded Features
List By
Fulton Grace Realty

Broker

richie@fultongrace.com

Email

Affordability Calculator

$3,546
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$621
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
Pricing History
DatePricePrice ChangeDescription
2/13/2026$475,000 Listed Price

Map


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1103 N 15th Avenue, Melrose Park, IL, 60160 is a Multi-Family Home for sale at $475,000 with 2,150 sqft. 1103 N 15th Avenue has 5 bedrooms, 2.0 baths, and was built in 1919. The property's zip code is 60160 which is in Melrose Park, IL