The median home value in Melrose Park, IL is $290,000.
This is
higher than
the county median home value of $214,400.
The national median home value is $219,700.
The average price of homes sold in Melrose Park, IL is $290,000.
Approximately 45.06% of Melrose Park homes are owned,
compared to 48.37% rented, while
6.57% are vacant.
Melrose Park real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Melrose Park real estate agent to arrange a tour today!
Welcome to a lucrative opportunity nestled in the heart of Melrose Park, where prime real estate meets exceptional potential. This property offers a blend of comfortable living space and exceptional rental income potential, making it ideal for investors looking to maximize returns in the real estate market, as well as a unique option to have a unit to reside in. This investment gem sits within close proximity to constantly developing shopping centers, major highways, schools, parks, and public transportation. Its strategic location not only enhances its desirability for tenants and investors alike, but also presents long-term appreciation in property value. A well-maintained 4-unit brick building comprises of three spacious 2-bedroom apartments and one large single-bedroom unit. A Large laundry room with coin operated washer and dryer and additional storage for each apartment. A Shed located in the back of the property, along with a common picnic area. The building also has 5 parking spots, a highly-desirable feature in the area. The building is equipped with a newer roof and gutters (2017) as well as new fire-resistant doors. All units are currently occupied by long-term tenants. With the current lower rents, the capitalization rate is 5.84%. With brought up to market value rent, the capitalization rate rises above 7.8%! This property offers investors a rare opportunity for substantial returns on their investment in today's flourishing market. Whether you're looking to diversify your portfolio, generate passive income, or secure a residence with income potential, this investment promises to deliver both financial rewards and lifestyle benefits. One of the owners is a licensed real estate agent.
Great location to build your home! Lot is 36 x 125 in a highly desirable location in Melrose Park. It's zoned residential, and close to the Melrose Park Civic Center, walking distance to restaurants and accessible to transportation and highways.
RARE! 2024 New Construction by experienced local builder. 2 Story - 4 Bedrooms (Including 2 Master Bedrooms with en-suite on each level). Approximately 2400 sq. ft. It won't last.
Incredible opportunity to own this one of a kind, multi-family property in the heart of Melrose Park! The property consists of five units; Two 3-bedroom units, Two 2-bedroom units, and one 1-bedroom unit. The property features three separate structures and parking spaces in front. Spacious units with below-market rents and month-to-month leases give new ownership the opportunity for rental growth in an area with high demand rental interest. Great location in Melrose Park with great investment potential.
Available Buildable Vacant Lot in Melrose Park. Lot Dimensions 33X147. It is in a flood Plain. It is in the Leyden High School District. Great Location!
GREAT RANCH WITH MANY UPDATES THROUGHOUT. 3 BEDROOMS ON THE FIRST FLOOR AND 2 MORE IN THE BASEMENT. FULL BATHS ON EACH FLOOR. RECENTLY SANDED AND STAINED HARDWOOD FLOORS ON THE FIRST FLOOR, TILE IN THE EAT IN KITCHEN AND NEW APPLIANCES AND OTHER UPDATES. FULL FINISHED BASEMENT WITH A LOT OF STORAGE. LARGE 2.5 CAR GARAGE AND NICE YARD. FRESHLY PAINTED WHOLE INTERIOR.
A TRUE GEM, ONE OF A KIND !!! TREAT YOUR FAMILY TO THIS BEAUTIFUL , RAISED RANCH. IT FEATURES 3 BEDROOMS AND 3 FULL BATHS. WITH AN ADDITIONAL SPACE IN THE LOWER LEVEL. FINISHED AND NEWLY REMODELED LOWER LEVEL WITH FULL BATH (GREAT INLAW)-FULLY APPLIANCED EAT-IN KITCHEN--FORMAL DINING ROOM-LIVING ROOM WITH BEAUTIFUL CHIMNEY, FOR THOSE WINTER FAMILY GATHERINGS. HUGE LOT 45x220- BEAUTIFUL AND RECENTLY BUILT GROUND FIRE PIT IN THE BACK YARD, STORAGE SHED IN YARD. MANY RECENT UPDATES ALONG WITH AN INTELLIGENT ELECTRICAL SYSTEM THAT CAN BE MANAGED BY PHONE. CLOSE TO TRANSPORTATION, HIGHWAYS, RESTAURANTS AND SHOPPING CENTERS. DONT MISS OUT ON THIS GORGEOUS HOME !!!
Multi-unit located in the Melrose Park suburb! This legal 2 unit offers 6 bedrooms and 3 full bathrooms. 3 car garage, complemented by an additional parking slab on either side. Situated on an extra-wide lot measuring 50 x 125 feet. Each unit features separate gas and electrical meters. Being sold as-is. Please note that the buyer will be responsible for any village inspection repairs as detailed in the additional information provided. The seller is committed to complying with FHA requirements within reasonable limits.
Amazing 2 flat with unfinished basement for storage etc. This Beauty is set on a double site. Offers light airy units with Laminate flooring through-out both units. Lovely updated bathrooms, Gracious windows. With this private site You have so much room for family outdoor fun.. 2 tax bills 2 Parcel numbers Currently Owners occupies both units. . Owners are relocating . This is an excellent investment property . Nestled in the heart of Melrose Park, this charming 2-unit frame building offers the perfect blend of comfort and convenience. Each unit features 3 bedrooms, 2 bathrooms Unit 2 offers a Dining Room area plus spacious Family Room, wonderful Kitchen with Granite etc. laminate flooring . shows perfect. Unit 1 has a spacious Family Room , wonderful Kitchen ,3Beds, 2 Baths. The unfinished basement provides endless possibilities for customization, while the spacious yard with entertaining areas in very Zen for relaxing or having those parties. Large fenced dog run, plus so much fenced yard for children, a detached 2 car garage plus 3 parking spaces & 1 parking spot in front of the home. . Whether you're looking for an investment opportunity or a place to call home, this property has it all. Don't miss out on this incredible opportunity in Melrose Park!
WOW!!! Must see inside this stunning newer brick single family home, built in 2021. Open concept unique quality home with meticulous attention to details and well designed custom finishes throughout. This magnificent home features elegant custom chef kitchen, "42" white cabinets, quartz counter tops, island, custom breakfast bar, stainless steel appliances, 1st floor gorgeous master suite with full bathroom, walk in closet and 2nd floor with 3 large bedrooms. Newer mechanicals, high efficient furnace, water heater, laundry room, huge patio with pergola and 2 car garage. Close to everything, restaurants, shops, public transportation, Metra station, 10 minutes to 294/290 expressway. Too many enhancements to list. Must see to appreciate!
BOTH UNITS ALMOST LIKE NEW! This professionally renovated property boasts modern upgrades including new AC units (2) and furnaces (2), updated electrical and plumbing systems, and brand new custom kitchen cabinets with stunning quartz countertops. Enjoy new flooring throughout both units, beautifully updated bathrooms with new fixtures, newer and some brand new windows, new interior doors, stylish new light fixtures, and new front and back stairs. Situated on an oversized lot, this home offers ample space for gatherings and entertainment, along with plenty of parking. Conveniently located near highways and public transportation, this property is a must-see! Don't miss out on this incredible opportunity-schedule your showing today!
Welcome to 11241 Grand Ave, Melrose Park, IL 60164, a cherished family home now ready to make new memories. This meticulously maintained property offers a unique opportunity with its versatile workshop, ideal for both small business endeavors and hobbies alike. The 40' x 25' shop features, an office space, additional bathroom, wood burning heater and a 9x15 ft over head door. Nestled in the heart of unincorporated Leyden Township, this home enjoys the advantages of a bustling location on Grand Ave, perfectly suited for entrepreneurial ventures. Its proximity to expressways, the airport, and major suburbs ensures convenience and accessibility. Located just blocks away from the high school and elementary schools. With decades of loving care evident throughout, this residence embodies comfort and potential. The home features on the main floor a living room, bedroom, kitchen, dinning room, full bath and sun room. The sun room features a gas burning fire place and sliding doors throughout. This space is perfect for enjoying all the seasons. Upstairs you will find 3 additional rooms including the master bedroom and a half bath. New roof and new siding. Aside from the shop the home also features an additional 2 car garage. Schedule your showing today and envision the future awaiting you in this beloved family home.
Welcome to Unincorporated Melrose Park! Prime location for this beauty that offers so much elegance and space. Rehabbed in 2022. The home was ensured modern amenities and finishes. The house features two full bathrooms and three bedrooms. The home has beautiful hardwood floors throughout, adding elegance and easy maintenance. The kitchen is beautifully remodeled with newer stainless steel appliances, making it a chef's dream. The lower level can be used as a primary bedroom with a full bath with a calming space to enjoy the wood-burning fireplace OR a family room ideal for relaxing evenings. The property also boasts a huge backyard and a roof patio, perfect for summer entertainment and outdoor activities. It is also a bonus which includes a newer garage and a concrete driveway, offering ample parking and storage space. This property combines modern updates with versatile spaces, making it an ideal choice for a comfortable and stylish home. There's nothing to do but move in, as the home is well-maintained and updated. The location is close to business amenities, schools, restaurants, stores, and much more making it convenient for families and professionals alike. .
Tennat moved out. Home was completely replainted. Presenting a 3 bedroom, 2 bath brick 2-story Duplex home located in a sought-after neighborhood.On the main level, find a spacious living area, dining room, and a well-equipped kitchen with granite countertops, stainless steel appliances, and a separate dining space. Upstairs, discover two comfortable bedrooms and a ceramic-tiled bathroom.The lower level features a third bedroom, full bathroom, washer/dryer, and central air.Outside, enjoy the privacy of a fenced yard and a 1.5 car garage with additional parking for a second car adjacent.Notable features include an Out in Flood Control system installed in 2009.Schedule a showing today! ALl photos were taken this week. FHA loans welcome.
This pristine ranch, larger than it appears, was home to a family of six for multiple decades. Lovingly owned and well-maintained, its charm is evident from the cute curbside appeal and continues once you step inside. Filled with natural light throughout, the fresh paint and new carpet (hardwood beneath) are among the latest improvements. The generous living space includes a large living room, an updated kitchen with 42-inch cabinets and new flooring, a convenient laundry room, a full bath, and three ample bedrooms. The fenced yard is perfect for entertaining during local festivals or any time. Off-street parking is easy, and the two-car garage provides protection from the elements. Conveniently located close to schools, shopping, restaurants, and more. This well-maintained home is now ready to pass the torch and is being offered "as-is."
Multiple offers received. Highest and best due by 4PM Monday 6/17. Don't miss this charming, all brick 3-bedroom / 2-bath ranch home with full finished basement and large 2 car garage! Prime location in great neighborhood near shopping, restaurants, Metra Station, O'Hare airport and easy interstate access. The generous-sized living room with large picture window allows for lots of natural lighting and is great for entertaining. The large eat in kitchen boasts plenty of cabinets and counter space, a pantry closet, gleaming hardwood flooring, and plenty of table space perfect for casual dining. Down the hall, there are three bedrooms with ample closet space and a full bath. The finished basement adds even more living space including a HUGE family/rec room, a full bath with shower, utility room with laundry area and sink, and a storage area with shelving. The private yard has mature trees, an extra-large driveway and 2 car-detached garage. Won't last long!
My goodness, look what we have here--a solid, brick, MCM dormered ranch that has been loved, lived in, and cared for by its original owners since it was first built in 1956. You can feel the nurturing spirit the moment you arrive, from the curb appeal outside to the sunny, spacious rooms inside, and the well-tended backyard exploding into bloom. So many bonus features grace this charming home: a 250-square-foot living room, next to an expanded eat-in kitchen that includes extra pantry space with pull-out drawers and a full-size deep freezer. Hardwood floors are beneath the carpet throughout. Plenty of closets here--coat closet, linen closet, utility closet. Two nice bedrooms, a full bath, and a comfortable laundry room round out the first floor. On the second floor, you'll find a cute bedroom as well as an open, sunny work-or-play bonus space, and a half bath. Now, check out the full, finished, high-and-dry basement: imagine what you can do with all that extra space! There's a generous recreation area and lots of room for the homeowner who likes to tinker and build, with two thoughtful workshops, an extra shower, and a sump pump with battery back-up. Outside, you'll enjoy the patio space and the beautiful green yard. A one-car garage, plus a carport, completes the picture. The home is in move-in condition, but because this is an estate sale, the home will be conveyed As Is. Come see it today and imagine your own happy future in this sweet space.
OUTSTANDING 2024 BRAND NEW CONSTRUCTION BY RENOWNED BUILDER IN QUIET AND SAFE MELROSE PARK NEIGHBORHOOD. THIS IS A RARE FIND 2 STORY SINGLE FAMILY HOME. MODERN AND SOPHISTICATED ARCHITECTURAL DESIGN LAYOUT, HIGH-END FINISHES AND METICULOUS ATTENTION TO DETAIL THROUGHOUT. FEATURING AN OPEN, VERSATILE FLOOR PLAN WITH 4 BEDS/3.1 BATHS. HOME FEATURES DINING ROOM AND A SPACIOUS OPEN KITCHEN WITH A CENTER ISLAND AND COUNTERSTOPS, ALL STAINLESS-STEEL APPLIANCES,THE PATIO DOORS OFF DINING ROOM/FAMILY ROOM TAKE YOU OUT TO A RELAXING OUTDOOR SPACE. HOW ABOUT A MASTER BEDROOM WITH PRIVATE MASTER SUITE WITH DUAL SINKS AND SPACIOUS WALK-IN CLOSET AND A JACUZZI. GREAT SIZE BACKYARD WITH FENCE AND DRIVEWAY. DON'T LOOK FURTHER MORE, THIS IS YOUR DREAM HOME. YOU GOTTA TO SEE IT TO MAKE IT YOURS...
OUTSTANDING 2024 BRAND NEW CONSTRUCTION BY RENOWNED BUILDER IN QUIET AND SAFE MELROSE PARK NEIGHBORHOOD. THIS IS A RARE FIND 2 STORY SINGLE FAMILY HOME. MODERN AND SOPHISTICATED ARCHITECTURAL DESIGN LAYOUT, HIGH-END FINISHES AND METICULOUS ATTENTION TO DETAIL THROUGHOUT. FEATURING AN OPEN, VERSATILE FLOOR PLAN WITH 4 BEDS/3.1 BATHS. HOME FEATURES DINING ROOM AND A SPACIOUS OPEN KITCHEN WITH A CENTER ISLAND AND COUNTERSTOPS, ALL STAINLESS-STEEL APPLIANCES,THE PATIO DOORS OFF DINING ROOM/FAMILY ROOM TAKE YOU OUT TO A RELAXING OUTDOOR SPACE. HOW ABOUT A MASTER BEDROOM WITH PRIVATE MASTER SUITE WITH DUAL SINKS AND SPACIOUS WALK-IN CLOSET AND A JACUZZI. GREAT SIZE BACKYARD WITH FENCE AND DRIVEWAY. DON'T LOOK FURTHER MORE, THIS IS YOUR DREAM HOME. YOU GOTTA TO SEE IT TO MAKE IT YOURS...
Convenient to major transportation routes industrial building on 1.06 acre parcel. 19,500sf shop space with additional 2,700sf office space. Enclosed decked 20x34 shop storage provides additional work/storage, 30 vehicle parking. 2 fenced lots. 480v 3 phase power. Shop ceiling 13'-20' clear. 3 large drive-in doors. Energy efficient LED shop lighting. 8" thick shop floor to support heavy equipment. Office features 6 private office, conference & drafting rooms & large general office space w/reception area. Great location near I-294, I-290 & O'Hare Airport. Current owner use this space as the storage.
Nestled in the heart of Melrose Park, this charming 2-unit frame building offers the perfect blend of comfort and convenience. Each unit features 2 bedrooms, newer appliances, and a welcoming front porch balcony, inviting you to unwind and soak in the neighborhood's charm. The unfinished basement provides endless possibilities for customization, while the spacious yard and detached garage cater to your outdoor needs. Whether you're looking for an investment opportunity or a place to call home, this property has it all. Don't miss out on this incredible opportunity to own a piece of Melrose Park! Contact us today to schedule a viewing or learn more.
This charming brick single-family home in Melrose Park presents a fantastic opportunity for buyers seeking a move-in ready property. Boasting three bedrooms and a recently updated bathroom, this home offers comfortable living spaces and modern conveniences. The convenient location provides easy access to the expressway, a variety of shops, restaurants, schools, and recreational activities. Don't miss out on the chance to make this lovely home yours in the vibrant community of Melrose Park! Features include: Hardwood flooring, can lighting, generous closet/storage space, central air, large windows that capture lots of natural sunlight, 2 car garage & fenced in backyard. Beautiful new kitchen (2022) showcasing granite counter, 42" cabinets, new stainless steel appliances (2022). Separate utility room with space for washer/dryer. Updates also include brand new bathroom (2022), new electrical (2022), new roof on house & garage (2022), new plumbing (2022), tuckpointing (2022).
"Discover this remarkable all-brick ranch featuring 4 spacious bedrooms and 2.5 bathrooms. This home boasts a full finished basement, perfect for additional living space or entertaining. Car enthusiasts will love the 6-car detached garage, offering ample storage and workspace. Enjoy year-round comfort with central AC and a boiler system with hot ground heated floors. Situated on an expansive lot of nearly 0.4 acres, this property provides plenty of outdoor space for relaxation and activities. Meticulously remodeled, this home is move-in ready and awaits your visit. Don't miss out on this exceptional opportunity - schedule your showings today!"
***MULTIPLE OFFERS RECEIVED-HIGHEST BEST DUE BY SUNDAY, 6/8/2024 at 8 pm. Fantastic location in unincorporated melrose park! This house was built to last! Looking for a solid, all brick, well maintained home? This is it! Impeccably maintained, 3 bed, 2 bath home, in a picturesque neighborhood. Newer roof on home and garage(35 year shingles), Newer HVAC(replaced within last 5 years) All brick garage, huge newer shed, fence, basement bar, fireplace, concrete driveway, too many features to list-freshly painted, 5/23/24. Some furniture negotiable for sale.
Sharp Duplex with first floor 3rd bedroom with half bath. Newer roof on house and garage (2012). Newer kitchen with Granite countertops and appliance ( 2012), Newer HVAC (2012 ). 2 car garage with attached 17'2 x 9.6" enclosed 3 season room and 24' X 17'6" concrete patio, with garden area and fenced. Finished Lower level family room with ceramic tile floor, Utility room, with Washer, Dryer, and storage area. Half block from Grammer School, and blocks to Winston Plaza shopping.