113 North 16th Avenue
113 North 16th Avenue
$330,000
5
3
1
—
—
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Contingent
Description
Investor's Dream in Prime Melrose Park Location! This meticulously maintained 2-unit building, promises not only immediate returns but also substantial future income. Situated in an excellent location, this property stands as a testament to smart real estate investing. With a strong history of generating revenue. Recent upgrades, including a brand-new electrical system and HVAC, ensure efficiency and cost savings for years to come. Thoughtful remodeling has added a fresh, appealing aesthetic, attracting...Investor's Dream in Prime Melrose Park Location! This meticulously maintained 2-unit building, promises not only immediate returns but also substantial future income. Situated in an excellent location, this property stands as a testament to smart real estate investing. With a strong history of generating revenue. Recent upgrades, including a brand-new electrical system and HVAC, ensure efficiency and cost savings for years to come. Thoughtful remodeling has added a fresh, appealing aesthetic, attracting quality tenants. Each unit enjoys its own separate utility meters, including water, providing convenience and transparency for both landlord and tenants. Situated on a double lot, there's ample room for outdoor parking and amenities. This property is being sold in As Is Condition, presenting an opportunity for investors to capitalize on potential value-add improvements. Nestled in the heart of Melrose Park, this property is surrounded by a thriving community and offers easy access to amenities, schools, and transportation. With its income-generating potential, recent upgrades, and strategic location, this property is poised to be a lucrative addition to any investor's portfolio. Don't miss out on this prime investment opportunity.
- Listed by Fernando Arreguin • Alexander Realty LLC
Property Details for 113 North 16th Avenue
Area
Melrose Park
TownshipProviso
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Parking Spaces8.0
Heat/FuelNatural Gas, Forced Air
Location
LISTING UPDATED: 03/28/2024 03:18 PM
Property Details for 113 North 16th Avenue
Status | Contingent |
---|---|
MLS # | 11921632 |
Days on Market | 168 |
Taxes | $8,942 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1882 |
Lot Size | 0.15 AC / 6,500 SF |
County | Cook County |
Location
Building Information for 113 North 16th Avenue
Stories-Residences2Year Built1882Building Size-Lot Size0.15 AC / 6,500 SF
Payment Calculator
$2,546 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 113 North 16th Avenue
Property History for 113 North 16th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 113 North 16th Avenue
Taxable ValueLand$2,557Additions$23,985Total$26,542
Tax Record2022$8,179 ($682 / month)
Home Facts
Baths3Total Finished SqFt3,255 SqFtAbove Grade Finished SqFt3,255 SqFtStories3Lot Size3,300 SqFtStyleMulti-Family Res (5+ Units)Year Built1882CountyCOOKAPN15-10-215-013
Schools near 113 North 16th Avenue
This home is within Proviso Twp Hsd 209 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 7 |
Rating | School | Distance |
---|---|---|
Lincoln Elementary School PublicPK to 5 | ||
Stevenson Middle School Public6 to 8 | ||
Proviso East High School Public9 to 12 | ||
Washington Dual Language Academy PublicPK to 7 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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