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$379,999

Beds
4
Baths
2.5
sq ft
1,908

1411 N 24th Ave, Melrose Park, IL 60160

1411 N 24th Ave

Melrose Park, IL 60160

  • 2 days on market
    • Price drop $20,000↓
Amazing Investor or New Home owner opportunity in the heart of Melrose Park. Whether you are looking to expand your portfolio or Live in one unit and rent out the other, this is the home for you! Both Units have been fully remodeled along with a brand new finished basement for added living space. This will allow you to maximize the income potential this property can generate. 2nd level unit is a 2 bed/1bath, while the main unit boasts the same 2bed/1bath plus an additional family room, sitting room and half bath in the connecting basement. With your imagination, you can add bedrooms instead in the finished basement. Added convenience: Lot includes Parking for up to 5 vehicle's, for added rental income if rented separately. Big side yard for all get togethers or events and summer relaxation. Both Units to be vacant and available as of March 1st 2025, which gives new ownership the luxury of maximizing rental income in a high rental demand area. Amazing location near schools, parks, restaurants, shops, public transportation and close to highways and O'Hare airport! While the owner went above and beyond on the rehab, there are some upgrades still possible for an immediate equity boost to this property. The owner is ready to move on to his new personal residence and therefore this Property is being SOLD AS-IS

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$200

Year built

1925

Annual property taxes

$6,146.71

Price History

01/30/2025
MRED

MRED #12280137

Price change
$379,999
-5%
01/30/2025
MRED

MRED #12280137

Listed
$399,999
+29.03%
04/21/2023
MRED

MRED #11743241

Sold
$310,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

209

Status: Active

Tomo last checked: 02/02/2025 at 4:00 AM

Listing updated: 02/01/2025 at 2:53 AM

Listed by: Rene Acevedo, A & G Realty Inc. Phone #: (708) 777-1124

MLS: MRED #12280137

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