Search
Six-Unit Brick Apartment Building
New
For Sale
$869,000

1670 N 1st Avenue, Melrose Park, IL 60160

MULTI_FAMILY - Melrose Park, IL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market2

Property Features for 1670 N 1st Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 36
Bathrooms 21
Full bathrooms 21
Rooms Bedroom 30, Bathroom 21, Bedroom 5, Bathroom 9, Bedroom 6, Bedroom 19, Bathroom 10, Bathroom 11, Bedroom 32, Bedroom 14, Bathroom 8, Bathroom 15, Bathroom 19, Bathroom 17, Bedroom 22, Bedroom 18, Bathroom 1, Bedroom 15, Bedroom 23, Bedroom 10, Bedroom 27, Bedroom 16, Bedroom 26, Bedroom 1, Bedroom 35, Bedroom 4, Bedroom 28, Bedroom 34, Bedroom 20, Bedroom 36, Bathroom 6, Bathroom 16, Bathroom 7, Bedroom 31, Bedroom 3, Bathroom 13, Bedroom 25, Bathroom 3, Bedroom 12, Bathroom 14, Bedroom 17, Bedroom 33, Bathroom 12, Bedroom 29, Bathroom 20, Bathroom 5, Bedroom 24, Bathroom 18, Bedroom 8, Bedroom 2, Bathroom 2, Bedroom 21, Bedroom 9, Bathroom 4, Bedroom 13, Bedroom 7, Bedroom 11
Directions Cumberland to North Ave JUST SOUTH OF NORTH AVENUE Is N 1st Ave To Building
Subdivision Melrose Park
Standard status Active
APN 15021110910000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11435

Utilities

Cooling system Window Unit(s)

Amenities

coin-operated laundry

Building Details

Year built 1960
Floors in Building 3
Number of units 6
Building materials Brick, Stone
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Kief Mkrdichian · License #471010623
Added: Aug 7 Changed: Aug 8 Last Checked: Aug 8 at 7:06PM
MLS# 12726844

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 freestanding apartment building in Melrose Park was constructed in 1960 with brick and stone exterior materials. The six-unit layout includes five two-bedroom apartments and one one-bedroom apartment. Property improvements include a new roof, gutters, aluminum soffits, concrete parking areas and driveway work, select replacement windows, updated bathrooms, and newer tuckpointing. Window-unit cooling is provided, and the building includes an owned coin-operated washer and dryer. Apartment rents include heat and cooking gas.

The property occupies 0.157 acres at 1670 N 1st Avenue in Melrose Park, Illinois, with 10 parking spaces. It is located near the Amazon Fulfillment Center and within an area described as close to shopping, transportation, restaurants, and everyday services. The parking configuration includes spaces in front and at the rear, along with additional asphalt parking.

Key Highlights

  • Six‑unit configuration with five 2‑bedroom apartments and one 1‑bedroom apartment
  • 10 on‑site parking spaces on a 0.157‑acre lot
  • Brick and stone construction completed in 1960

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store Home Appliance Store

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

804
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Freestanding multifamily property with varied unit layouts, on-site parking, and recent building improvements.
Where is this apartment building located?
The property is located at 1670 N 1st Avenue Melrose Park, IL.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: Six‑unit configuration with five 2‑bedroom apartments and one 1‑bedroom apartment; 10 on‑site parking spaces on a 0.157‑acre lot; Brick and stone construction completed in 1960
More about this property
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