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    2029 19Th Ave Melrose Park, IL 60160

    Sponsored
    For Sale
    $529,990

    MULTI_FAMILY - Melrose Park, IL

    Days on Market:
    19
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 2029 19Th Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 1, Bathroom 2
    Bedrooms
    6
    Bathrooms
    4
    APN
    12343020900000
    Parking
    7
    Parking features
    Owned, Assigned

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    2005
    Building materials
    Brick
    Roof type
    Asphalt

    Keller Williams Premiere Properties (630) 545-9860 [email protected]

    Listing agent Joseph Carrizales (630) 545-9860

    Listing date Dec 18, 2025

    MLS# 12463942 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 Brick 2-Flat

    This solid brick 2-flat is located in Melrose Park. It is suitable for investors or owner-occupants. Each of the two spacious units features 3 beds and 1.5 baths. Both units have central air, in-unit laundry, and separate utilities. Tenants benefit from modern layouts and private entrances. A 7-car parking pad is located in the rear of the property. Both units are fully rented at $1,900 per month. The property is conveniently located near schools, shopping, parks, and expressways.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.857124
    Latitude
    41.91296

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    FAQs

    What type of property is this?
    Duplex - Solid brick 2-flat with modern layouts and parking.
    Where is this duplex located?
    The property is located at 2029 19Th Ave Melrose Park, IL.
    What is the asking price?
    The asking price for this property is $529,990.
    What are key features of this property?
    This property features: - Fully rented units generating immediate cash flow at $1,900/month per unit.; - Potential to increase rents to $2,100/month per unit based on rental comps.; - Each unit features **3 beds, 1.5 baths, central air, and in-unit laundry.**
    (630) 545-9860
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    2029 19Th Ave Melrose Park, IL 60160
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    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
    2029 19Th Ave Melrose Park, IL 60160
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