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Two-Unit Residential Income Property

125 N 22nd Avenue Melrose Park, IL 60160

125 N 22nd Avenue, Melrose Park, IL, 60160
$369,000
For Sale
Under Contract
$369,000

MULTI_FAMILY - Melrose Park, IL

Days on Market32

Property Features for 125 N 22nd Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Basement, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2
Parking
5
Parking features
Owned, Driveway, Alley
Basement
Finished, Walk-Out Access, Full
Standard status
Active Under Contract
APN
15101030240000

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
11717

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Building materials
Vinyl Siding, Stone
Roof type
Asphalt
Listing agency Keller Williams Innovate
Listed by Sheena Baker · License #475144212
Added: Jun 22 Updated: Jul 13 at 6:34PM Checked: Jul 23 at 6:06AM
MLS# 12647446

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This two-unit residential income property features one occupied unit and one vacant unit, providing flexibility for an investor or an owner-occupant. Each unit includes full kitchens with ample cabinet space, updated bathrooms, and hardwood and tile flooring. Both units have private entrances, supporting independent day-to-day access. The finished basement adds additional living space and includes a full bathroom, offering room for storage, recreation, or extended use.

The property is located in Melrose Park, IL. It is offered with a large parking pad for ample off-street parking. Public remarks indicate proximity to shopping, dining, schools, parks, public transportation, and major expressways.

For buyers evaluating residential income, the mix of an occupied unit and a vacant unit can simplify occupancy planning. The private entrance layout, in-unit kitchen and bathroom features, and finished basement provide practical functionality for multiple living needs, while the off-street parking can be an important convenience for residents.

Key Highlights

  • Two‑unit property in Melrose Park with 1 occupied unit and 1 vacant unit
  • Finished basement adds additional living space plus a full bathroom
  • Each unit includes a full kitchen and updated bathrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Skin Care Clinic Garden Center Accounting Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

FAQs

What type of property is this?
Duplex - Well-maintained duplex with private entrances, a finished basement, and off-street parking.
Where is this duplex located?
The property is located at 125 N 22nd Avenue Melrose Park, IL.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: Two‑unit property in Melrose Park with 1 occupied unit and 1 vacant unit; Finished basement adds additional living space plus a full bathroom; Each unit includes a full kitchen and updated bathrooms
Contact an agent
More about this property
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