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Duplex with Full Basement
For Sale
Under Contract
$399,900

1402 N 16th Avenue, Melrose Park, IL 60160

Residential Income, Melrose Park, IL

Property SizeContact for details
Days on Market29

Property Features for 1402 N 16th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bedroom 7, Bedroom 8, Game Room, Bedroom 6, Laundry Room, Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Utility Room, Bathroom 3, Bedroom 1, Bedroom 3
Parking 5
Parking features Open, Driveway, Garage, Owned
Window features Screens
Patio and Porch features Patio
Fencing Fenced
Basement Walk-Out Access, Finished, Full
Lot features Corner Lot
Elementary school Jane Addams Elementary School
Middle school Stevenson Elementary School
High school Proviso East High School
Elementary school district 89
Middle school district 89
High school district 209
Directions North Ave to 19th Ave (Broadway) south to Haddon east to 16th Ave. Property is on north west corner.
Subdivision Melrose Park
Standard status Active Under Contract
APN 15034000220000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7194

Utilities

Sewer type Public Sewer
Heating system Steam, Baseboard

Building Details

Building materials Frame
Roof type Asphalt
Architectural style Colonial
Listing Agency: ERA Partners
Listed By: Israel Rivera
Added: Jul 27 Changed: Aug 20 Last Checked: Aug 24 at 9:06PM
MLS# 12716781

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 Colonial-style duplex is built with a frame exterior and includes a full basement with additional interior space. The room inventory includes eight bedrooms, three bathrooms, a game room, laundry room, utility room, and patio. Steam and baseboard heating are provided, with an asphalt roof and a recently installed metal staircase.

The property occupies a double lot in Melrose Park near dining, grocery stores, shopping, fitness, and entertainment options. Parking features include a garage, driveway, and open spaces. The parcel is fenced and served by public sewer. Zoned MULTI, the building is offered strictly in as-is condition, with updates left to the next owner.

Key Highlights

  • Duplex on a double lot with a full basement
  • Eight bedrooms and three bathrooms listed among the interior rooms
  • Recently installed metal staircase

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,576
Businesses Nearby

Demographics for 60160, IL

24,776
Population
8,947
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
71%
High-School Grad
4.6 sq mi
ZIP Area
5,386
Density / Sq Mi
$64,740
Median Household Income
$39,722
Median Earnings
$1,194
Median Rent
$265,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Frame construction includes owned parking, a patio, fencing, and public sewer service.
Where is this duplex located?
The property is located at 1402 N 16th Avenue Melrose Park, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Duplex on a double lot with a full basement; Eight bedrooms and three bathrooms listed among the interior rooms; Recently installed metal staircase
More about this property
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