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    3201 Armitage Ave Melrose Park, IL 60160

    For Sale
    $429,900

    Residential Income - Melrose Park, IL

    Lot size:
    0.12 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 12 at 8:06 am

    Property Features for 3201 Armitage Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    APN
    12332060320000
    Parking
    8
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    1963
    Architectural style
    Other

    Hometown Real Estate (773) 870-2773 [email protected]

    Listing agent Antonio Romero (773) 870-2773 License #475150768

    Listing date Sep 2, 2025

    MLS# 12419905 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 Residential Income Property

    This is a rare two-unit residential income property located in Leyden Township. Each unit features three bedrooms and one bathroom. The property includes a two-car garage and is situated in close proximity to shopping and schools. The lot size is 0.12 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Del Rio Remodeling ... Contractor

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -87.8729167
    Latitude
    41.9151443

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    FAQs

    What type of property is this?
    Duplex - Rare two-unit residential income property in Leyden Township.
    Where is this duplex located?
    The property is located at 3201 Armitage Ave Melrose Park, IL.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: - Rare 2-flat property in Leyden Township; - Each unit features 3 bedrooms and 1 bath; - Includes a **2-car garage**
    (773) 870-2773
    Request Owner's contact information
    3201 Armitage 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
    3201 Armitage Ave Melrose Park, IL 60160
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