1002 N 19th Avenue Melrose Park, IL $ 774,999
1002 N 19th Avenue
$ 774,999
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1002 N 19th Avenue

Melrose Park, IL, 60160
$ 774,999
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,263

How much can I afford?
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Commercial Property for sale in Melrose Park, IL

for $774,999. This building was built in 1934 on a lot size of 40X125.

Great property with historic significance as this was once the mayors house. The property was renovated in the mid 50s and added three flats to the rear of the original house. The property is composed of mostly brick construction. It has concrete flat work and off-street parking. Located only two blocks from Downtown shops and one block from the library. It is located on the main thoroughfare which is Broadway also known as 19th Ave. It has a complete new roof within the past few years. It offers individual electric and gas service meters for all units and low water prices. This combined with high rents for the area provides a return on investment of over 8%. It has a unique owners apartment with an outdoor deck and great sitting area with terrific views and an exclusive loft owners suite. It is nicely situated on a corner lot with nice Parkway grass areas. This property is offered at $774, 999. It is ideal for an owner operator or for an investment group."

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Commercial Active

Price

$ 774,999

Property Type

Commercial

Taxes

$ 9,475

Style

5+ Family

Lot Size

40X125

Year Built

1934

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

10854003

Features
Interior
Basement Egress Window Finished
Cooling System Other
Heating System Baseboard Hot Water
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Exterior
Construction Brick
Land Improvements Sidewalks
Parking 1-20 Parking Spaces Outdoor Parking
Siding Brick Cedar Exterior
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Miscellaneous
Public Transportation Location Public Transit
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Rental
Tenant Pays Air Conditioning Electric Heating
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* Excluded Features
List By
Stonetrust Realty Group, Inc.

Broker

Affordability Calculator

$4,053
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,263
Monthly Property Taxes
$790
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 2.99% 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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Pricing History
DatePricePrice ChangeDescription
10/16/2020$774,999 -10.82% Price Down
9/11/2020$869,000 Listed Price

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1002 N 19th Avenue, Melrose Park, IL, 60160 is a Commercial Property for sale at $774,999 with a lot size of 40X125. 1002 N 19th Avenue has 0.0 baths and was built in 1934. The property's zip code is 60160 which is in Melrose Park, IL