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    1114 N 11Th Ave Melrose Park, IL 60160

    Under Contract
    For Sale
    $650,000

    Residential Income - Melrose Park, IL

    Days on Market:
    28
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 1114 N 11Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    15034270200000
    Parking
    2

    Utilities

    Heating system
    Baseboard, Natural Gas

    Building Details

    Year built
    1966
    Architectural style
    Other

    Weichert, Realtors-Nickel Group (708) 848-5550 [email protected]

    Listing agent Donna Serpico (708) 848-5550 License #475130127

    Listing date Nov 10, 2025

    MLS# 12488285 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Melrose Park Three-Flat For Sale

    This is a brick three-flat located in Melrose Park, Illinois. The building features a total of eight bedrooms, four full bathrooms, and one half bathroom. Each unit includes living room dining room combinations, large bedrooms, and eat-in kitchens. A two-car garage provides access to both the yard on one side and the alley on the other. The property is zoned MULTI and is being sold "as is".
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8474142
    Latitude
    41.8976048

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    FAQs

    What type of property is this?
    Apartment building - Brick three-flat with eight bedrooms in a superb neighborhood.
    Where is this apartment building located?
    The property is located at 1114 N 11Th Ave Melrose Park, IL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Superb neighborhood; - **8 bedrooms and 4.5 bathrooms**; - Brick three-flat building
    (708) 848-5550
    Request Owner's contact information
    1114 N 11Th Ave Melrose Park, IL 60160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1114 N 11Th Ave Melrose Park, IL 60160
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