1720 N 1st Avenue Melrose Park, IL ^$ 749,000

1720 N 1st Avenue

^$ 749,000

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1720 N 1st Avenue

Melrose Park, IL, 60160

^$ 749,000

Bedrooms3 Baths0.0

Monthly Estimate*

^$ 4,612

1720 N 1st Avenue, Melrose Park, IL 60160 - Image 1

1720 N 1st Avenue, Melrose Park, IL 60160 - Image 2

1720 N 1st Avenue, Melrose Park, IL 60160 - Image 3

1720 N 1st Avenue, Melrose Park, IL 60160 - Image 4

1720 N 1st Avenue, Melrose Park, IL 60160 - Image 5

1720 N 1st Avenue, Melrose Park, IL 60160 - Image 6

Multi-Family Home for sale in Melrose Park, IL

for $749,000 with 3 bedrooms. This home was built in 1962.

BRICK, MAINTENANCE FREE EXTERIOR, VERY LARGE APTS, FOUR 2 BEDROOM & TWO 1 BEDROOM APTS. THERE ARE 8 PARKING SPACES IN THE BACK. NEWER INSTALLATIONS,BOILER 05/26, FURNACE, ROOF. MUST BE SOLD AS A PORTFOLIO WITH MLS #12655452 . . !!! EXCLUDE REFRIGERATOR IN UNIT 1W (IT IS OWNED BY TENANTS) !!!

Multi-Family Contingent

Price

^$ 749,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 12,515

Style

Year Built

1962

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

12655257

Features

General

Zoning MULTI

Construction Materials Brick

Year Built 1962

Tenant Pays Electricity

Stories Count 3

Township Proviso

Tax Year 2024

Gross Income 85200

County Cook

Net Operating Income 53354

Operating Expense 19330

Insurance Expense 5360

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 2300

Status Contingent

Directions NORTH AVE TO 1ST AVE SOUTH TO PROPERTY

City Melrose Park

Number Of Units Total 6

MLS Area Melrose Park

Tax Annual Amount 12515.82

Electric Expense 1470

Fuel Expense 3600

Trash Expense 3000

Water Sewer Expense 3600

Additional Parcels Y/N N

Standard Status Active Under Contract

Exterior

Foundation Details Brick/Mortar

Lot Dimensions 40 X 125

* Excluded Features

List By

Chicagoland Brokers Inc.

Broker

tobart1991@gmail.com

Affordability Calculator

$5,655

Per Month

Monthly Principal & Interest: $4,612
Monthly Property Taxes: $1,043
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Melrose Park, IL

Average List Price ^$547,183

Percent of Sale Price 27%

About Melrose Park, IL

24,829 Population

8% Since 2002

^$47,292 Median Income

33.6 Median Age

42% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2026	$749,000		Listed Price

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1720 N 1st Avenue, Melrose Park, IL, 60160 is a Multi-Family Home for sale at $749,000. 1720 N 1st Avenue has 3 bedrooms, 0.0 baths, and was built in 1962. The property's zip code is 60160 which is in Melrose Park, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/31/2026.

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1720 N 1st Avenue

Multi-Family Home for sale in Melrose Park, IL

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