Melrose Park, IL Apartment Buildings for Sale

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Bellwood, IL Maywood, IL Franklin Park, IL

6 results

$749,000

Melrose Park Multifamily Investment

1720 N 1st Avenue, Melrose Park, IL 60160

Brick multifamily property with large apartments and recent updates.

Brick, maintenance‑free exterior
Six apartments: four 2‑bedroom and two 1‑bedroom
Newer boiler, furnace, and roof installations
Eight parking spaces in the back
Very large apartments

Updated: May 21

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$749,000

Melrose Park Multifamily Property

1730 N 1st Avenue, Melrose Park, IL 60160

Brick multifamily property featuring large apartments and parking.

Brick, maintenance‑free exterior.
Newer furnace, boiler, and roof.
Four 2‑bedroom and two 1‑bedroom apartments.
Ten parking spaces in the back.
Very large apartments.

Updated: May 21

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$879,700

0.05 Acres

Turnkey Multifamily in Melrose Park

Six-unit multifamily property with refreshed units and strong rental income.

805 N 22nd Avenue, Melrose Park, IL 60160

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$879,700

2,329 SF

Turn Key 6-Unit Building

Six-unit building with refreshed units and strong rental income.

805 North 22nd Avenue, Melrose Park, IL 60160

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$1,900,000

Melrose Park Multifamily Investment Opportunity

22-unit multifamily property in Melrose Park, Illinois, for sale.

2241 Mannheim Rd, Melrose Park, IL 60164

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$1,900,000

22-Unit Multifamily Property For Sale

22-unit multifamily property in Melrose Park, Illinois, with rental upside.

2241 Mannheim Rd, Melrose Park, IL 60164

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Melrose Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Bellwood Multifamily Investment Opportunity

$475,000

5,000 SF

Bellwood Multifamily Investment Opportunity

Well-maintained 5-unit building in revitalizing Bellwood area.

3420 Warren Avenue, Bellwood, IL 60104

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$6,400,000

0.57 Acres

Oak Park Apartments For Sale

30-unit apartment building in Frank Lloyd Wright Historical District.

210 - 220 N Kenilworth Avenue, Oak Park, IL 60302

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$490,000

6,000 SF

Bellwood Multifamily Investment Opportunity

Multifamily property in Bellwood, IL, ideal for investment.

1013 Bellwood Avenue, Bellwood, IL 60104

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$6,199,000

Oak Park Condominium Building

28-unit condominium building in Oak Park, Illinois for sale.

950 Washington Boulevard, Oak Park, IL 60302

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$2,850,000

29.20 Acres

Prime Development Land, Springfield MO

29.2 acres of retail-zoned land for mixed-use development.

N West Bypass, Springfield, MO 65802

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$2,500,000

5.94 Acres

Asheville Development Opportunity: 5.94 Acres

5.94-acre parcel zoned RM6, ideal for multi-family development.

215 N Bear Creek Road, Asheville, NC 28806

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$650,000

3.70 Acres

Land Near Shepherd University

Prime land near Shepherd University with development potential.

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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$699,900

1.33 Acres

Greenville Development Opportunity: 1.33 Acres

1.33 acre parcel suitable for multi-family development near downtown.

71 Salters Road, Greenville, SC 29607

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Off-Market Properties in Melrose Park, IL

Consider similar Off-Market properties in Melrose Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1530 1st Ave

GARDEN APT, COURT APT (5+ UNITS) • 5,956 SF

Value Estimation

$865,000

1530 1st Ave, Melrose Park, IL 60160-2565

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1660 1st Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.20 Acres

Value Estimation

$1,545,000

1660 1st Ave, Melrose Park, IL 60160-2430

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1952 17th Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres

Value Estimation

$9,630,000

1952 17th Ave, Melrose Park, IL 60160-1363

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27 King Arthur Ct, Unit 43

GARDEN APT, COURT APT (5+ UNITS) • 0.67 Acres

Value Estimation

$5,150,000

27 King Arthur Ct, Northlake, IL 60164-2723

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43 King Arthur Ct

GARDEN APT, COURT APT (5+ UNITS) • 10,502 SF

Value Estimation

$5,140,000

43 King Arthur Ct, Northlake, IL 60164-2739

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1914 17th Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres

Value Estimation

$8,900,000

1914 17th Ave, Melrose Park, IL 60160-1356

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1922 17th Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres

Value Estimation

$8,900,000

1922 17th Ave, Melrose Park, IL 60160-1358

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1918 17th Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres

Value Estimation

$8,900,000

1918 17th Ave, Melrose Park, IL 60160-1357

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1910 17th Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres

Value Estimation

$8,900,000

1910 17th Ave, Melrose Park, IL 60160-1300

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1936 17th Ave

GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres

Value Estimation

$8,900,000

1936 17th Ave, Melrose Park, IL 60160-1361

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2905 Willens Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres

Value Estimation

$7,175,000

2905 Willens Dr, Melrose Park, IL 60164-1265

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2903 Willens Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.20 Acres

Value Estimation

$7,100,000

2903 Willens Dr, Melrose Park, IL 60164-1264

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2910 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.12 Acres

Value Estimation

$7,190,000

2910 Vinan Dr, Melrose Park, IL 60164-1254

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2906 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.12 Acres

Value Estimation

$7,185,000

2906 Vinan Dr, Melrose Park, IL 60164-1250

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1050 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.03 Acres

Value Estimation

$7,090,000

1050 Vinan Dr, Melrose Park, IL 60164

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2905 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.14 Acres

Value Estimation

$7,140,000

2905 Vinan Dr, Melrose Park, IL 60164-1249

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2904 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres

Value Estimation

$7,195,000

2904 Vinan Dr, Melrose Park, IL 60164-1248

View details

2907 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres

Value Estimation

$7,170,000

2907 Vinan Dr, Melrose Park, IL 60164-1251

View details

Melrose Park, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 72 apartment buildings for sale in Melrose Park, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 2,329 square feet of properties for sale, with an estimated market value of $879,700.

Sale prices for two-family homes in Melrose Park, IL start at $879,700, averaging $879,700, and reaching up to $879,700 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 55K

Population Growth (5Y) -3.2%

Median Household Income $71,815

College Educated 15.4%

High-Yield Neighborhoods for Strategic Investment

Identify Melrose Park submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
60160	$879.7K
60164	$1.9M

Taxes & Financing

Average Loan-to-Value 65.0%

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Melrose Park, IL Apartment Buildings for Sale

Melrose Park Multifamily Investment

Brick multifamily property with large apartments and recent updates.

Melrose Park Multifamily Property

Brick multifamily property featuring large apartments and parking.

Turnkey Multifamily in Melrose Park

Turn Key 6-Unit Building

Melrose Park Multifamily Investment Opportunity

22-Unit Multifamily Property For Sale

Opportunities in Nearby Cities

Bellwood Multifamily Investment Opportunity

Oak Park Apartments For Sale

Bellwood Multifamily Investment Opportunity

Oak Park Condominium Building

Potential Development Sites for Consideration

Prime Development Land, Springfield MO

Asheville Development Opportunity: 5.94 Acres

Land Near Shepherd University

Greenville Development Opportunity: 1.33 Acres

Off-Market Properties in Melrose Park, IL

1530 1st Ave

1660 1st Ave

1952 17th Ave

27 King Arthur Ct, Unit 43

43 King Arthur Ct

1914 17th Ave

1922 17th Ave

1918 17th Ave

1910 17th Ave

1936 17th Ave

2905 Willens Dr

2903 Willens Dr

2910 Vinan Dr

2906 Vinan Dr

1050 Vinan Dr

2905 Vinan Dr

2904 Vinan Dr

2907 Vinan Dr

Melrose Park, IL Apartment Buildings Investment Opportunities Market Analysis

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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