1670 North 1st Avenue

Melrose Park, IL 60160

$590,000
Last Sold Price
36
Beds
21
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great location : free standing handsome brick & stone building w/ total 6 units never vacant.... Yes just steps from the newest amazon fulfillment center...... This 6 unit building has five-2 bedroom units and one-1 bedroom unit: building comes with 9 parking spots: 3 tenants pays extra 40 /month per parking spot.... Few units are updated....... Owned coin operated washer and dryer for extra income. Rents could be much much higher, since the rent includes heat & cooking gas... Newer tuck-pointing...........Great location : free standing handsome brick & stone building w/ total 6 units never vacant.... Yes just steps from the newest amazon fulfillment center...... This 6 unit building has five-2 bedroom units and one-1 bedroom unit: building comes with 9 parking spots: 3 tenants pays extra 40 /month per parking spot.... Few units are updated....... Owned coin operated washer and dryer for extra income. Rents could be much much higher, since the rent includes heat & cooking gas... Newer tuck-pointing........ Some newer windows too.
  1. Listed by Kief Mkrdichian • Century 21 Affiliated

Sold By Century 21 Affiliated

Property Details for 1670 North 1st Avenue

Area
Melrose Park
Township
Proviso
Num Of Parking Spaces
9.0
Num of Interior Fireplaces
0
Zoning
OTHER

Location

Add your commute
LISTING UPDATED: 09/26/2022 08:33 PM

Property Details for 1670 North 1st Avenue

StatusClosed
MLS #11387985
Days on Market148
Taxes$10,739 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1960
Lot Size0.16 AC / 6,840 SF
CountyCook County

Location

Add your commute

Building Information for 1670 North 1st Avenue

Stories-Residences6Year Built1960Building Size-Lot Size0.16 AC / 6,840 SF

Payment Calculator

$4,115 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,220

Property Taxes

$895

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1670 North 1st Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: Fee Parking,Paved
Location and General Information
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Heat/Ventilation: Gas,Hot Water,Baseboard
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 21.0
Exterior Features
  • Misc Outside: Enclosed Stairs
Property/Lot Information
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats,Other
  • Lot Dimensions: 45X152
  • Lot Size Square Feet: 6840.0
  • Stories: 3
  • Exterior Building Type: Brick, Stone
  • Construction: Brick, Stone
  • Building Area Total: 3510
  • Lot Size Source: County Records
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 1
  • Document Date: 2022-04-28T16:29:11
  • Photos Count: 17
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $450.00
  • Fuel Expense: $4,100.00
  • Gross Income: $69,600.00
  • Gross Scheduled Income: $69,600.00
  • Insurance Expense: $2,200.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Combination
  • Expense Year: 2021
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Combination
  • Janitor Expense: 0
  • Net Operating Income Year: 2021
  • Trash Expense Source: Combination
  • Total Monthly Income: 5800
  • Water Expense Source: Actual
  • Net Operating Income: $47,000.00
  • Operating Expense: $22,739.00
  • Other Expense: $.00
  • Trash Expense: $1,200.00
  • Water Sewer Expense: $4,100.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 3
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 4
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 5
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 6
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1670 North 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1670 North 1st Avenue

Taxable ValueLand$4,104Additions$31,205Total$35,309
Tax Record2022$10,881 ($907 / month)
Home Facts
Baths6Total Finished SqFt3,510 SqFtAbove Grade Finished SqFt3,510 SqFtStories2Lot Size6,840 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyCOOKAPN15-02-111-091

Schools near 1670 North 1st 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 - 9 to 12
Rating
School
Distance
Jane Addams Elementary School
PublicPK to 5

Stevenson Middle School
Public6 to 8

Proviso East High School
Public9 to 12

Proviso Math And Science Academy
Public9 to 12

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Affiliated

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 09/26/2022 08:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.