Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1306 N 36Th Ave Melrose Park, IL 60160

    For Sale
    $625,000

    Residential Income - Melrose Park, IL

    Days on Market:
    33
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 1306 N 36Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    15043030360000
    Parking
    2

    Utilities

    Heating system
    Steam

    Building Details

    Year built
    1967
    Roof type
    Asphalt
    Architectural style
    Other

    RE/MAX Enterprises (630) 964-3000 [email protected]

    Listing agent Sylvana Menolascino (630) 964-3000 License #475137109

    Listing date Nov 13, 2025

    MLS# 12428119 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 Multi-Unit Income Property

    This is a legal all-brick three-unit residential income property located in Melrose Park, Illinois. The property includes a two-car garage. The building features two three-bedroom units, each with one and a half bathrooms, and one two-bedroom unit. All units are currently rented, generating income. The property has a newer roof, electrical system, and boiler. The windows have also been recently replaced. The property has long-term tenants. Village inspection is complete and building has been brought up to code.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -87.8778058
    Latitude
    41.89854

    Nearby Similar for Sale

    • $499,000

      Melrose Park Residential Income Property

      Two-flat with yard and garage in Melrose Park, Illinois.
      1630 N 15Th Ave, Melrose Park, IL 60160
      View Details
    • $650,000

      Melrose Park Three-Flat For Sale

      Brick three-flat with eight bedrooms in a superb neighborhood.
      1114 N 11Th Ave, Melrose Park, IL 60160
      View Details
    • $529,990

      Melrose Park Brick 2-Flat

      Melrose Park 2-flat with immediate cash flow potential.
      2029 19Th Ave, Melrose Park, IL 60160
      View Details
    • $425,000

      Melrose Park Brick Two-Flat

      Two-flat residential income property with four bedrooms and two baths.
      1815 N 22Nd Ave, Melrose Park, IL 60160
      View Details
    • $899,700
      5,655 SF

      Turn Key Six-Unit Building

      Fully tenanted six-unit building in Melrose Park, Illinois.
      805 N 22Nd Ave, Melrose Park, IL 60160
      View Details
    • New
      $419,000
      0.15 Acres

      Melrose Park Residential Income Opportunity

      Solid two-unit building on a wide double lot.
      1314 N 21St Ave, Melrose Park, IL 60160
      View Details

    FAQs

    What type of property is this?
    Triplex - All brick 3-unit building with garage, updated systems.
    Where is this triplex located?
    The property is located at 1306 N 36Th Ave Melrose Park, IL.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Legal all-brick 3-unit building; - Two-car garage included; - Newer roof, electrical system, and boiler
    (630) 964-3000
    Request Owner's contact information
    1306 N 36Th Ave Melrose Park, IL 60160
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1306 N 36Th Ave
    Melrose Park, IL 60160
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1306 N 36Th Ave Melrose Park, IL 60160
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.