1402 N 16th Avenue Melrose Park, IL $ 399,900
1402 N 16th Avenue
$ 399,900
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1402 N 16th Avenue

Melrose Park, IL, 60160
$ 399,900
Bedrooms8 Baths3.0 Sq 2,016

Monthly Estimate*

$ 2,525

1402 N 16th Avenue, Melrose Park, IL 60160 - Image 1
1402 N 16th Avenue, Melrose Park, IL 60160 - Image 2
1402 N 16th Avenue, Melrose Park, IL 60160 - Image 3
1402 N 16th Avenue, Melrose Park, IL 60160 - Image 4

Multi-Family Home for sale in Melrose Park, IL

for $399,900 with 8 bedrooms and 3 full baths. This home is 2,016 square feet.

2 UNIT BUILDING ON DOUBLE LOT WITH FULL BASEMENT FOR EXTRA SPACE! CONVENIENTLY LOCATED NEAR DINING, GROCERIES STORES, SHOPPING, GYM, ENTERTAINMENT AND MUCH MORE! IDEAL FOR INVESTORS OR OWNER OCCUPANTS SEEKING RENTAL INCOME TO HELP WITH EXPENSES! GREAT OPPORTUNITY TO ADD YOUR OWN UPDATES! METAL STAIRCASE RECENTLY INSTALLED. THIS IS AN AS-IS SALE ONLY.

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Multi-Family Active

Price

$ 399,900

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,194

Style

Colonial,Traditional

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

12716781

Features
General
Sewer Public Sewer
Heating Steam Baseboard
Possession Closing Immediate
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style Colonial Traditional
Construction Materials Frame Other
Township Proviso
Tax Year 2024
Ownership Fee Simple
Gross Income 0
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Shed(s)
Total Rooms 17
Status New
Directions North Ave to 19th Ave (Broadway) south to Haddon east to 16th Ave. Property is on north west corner.
High School Proviso East High School
City Melrose Park
High School District 209
MLS Area Melrose Park
Elementary School Jane Addams Elementary School
Tax Annual Amount 7194
Middle/Junior High School Stevenson Elementary School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 89
Elementary School District 89
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Interior
Basement Finished Cellar Full Walk-Out Access
Total Bedrooms 8
Room Type Foyer Recreation Room Sitting Room Utility Room-Lower Level Workshop
Total Baths 3
Bedrooms Possible 8
Full Baths Building 3
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Yes Garage Owned Detached Driveway Owned Garage
Lot Features Corner Lot
Water Source Lake Michigan
Total Parking 5
Lot Dimensions 6975
Waterfront Y/N N
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* Excluded Features
List By
Era Partners

Broker

brokerrivera@gmail.com

Email

Affordability Calculator

$3,125
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,525
Monthly Property Taxes
$600
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1577043 Elementary School
871378 Middle School
Proviso East High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$399,900 Listed Price

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1402 N 16th Avenue, Melrose Park, IL, 60160 is a Multi-Family Home for sale at $399,900 with 2,016 sqft. 1402 N 16th Avenue has 8 bedrooms and 3.0 baths. The property's zip code is 60160 which is in Melrose Park, IL