Turnkey 6-Unit Apartment
805 N 22nd Avenue Melrose Park, IL 60160
805 N 22nd Avenue, Melrose Park, IL, 60160
$869,700
For Sale
$869,700
MULTI_FAMILY - Melrose Park, IL
Lot Size0.05 Acres
Days on Market198
Property Features for 805 N 22nd Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bedroom 8, Bathroom 3, Bedroom 4, Basement, Bathroom 2, Bedroom 6, Bathroom 6, Bedroom 10, Bedroom 9, Bathroom 4, Bedroom 1, Bathroom 5, Bedroom 3, Bedroom 7, Bedroom 11, Bedroom 5, Bathroom 1, Bedroom 2
- Basement
- Daylight, Finished, Partial
- Standard status
- Active
- APN
- 15033510050000
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 13581
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Brick
Listing agency
Chase Real Estate LLC
(630) 527-0095
Listed by
Neil Gates · License #475174838
(630) 527-0095
Added: Jan 5 Updated: Jul 21 at 10:36PM Checked: Jul 22 at 11:06PM
MLS# 12540912
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 turnkey 6-unit apartment building offers fully occupied income space, with tenants currently in all six units. The unit mix is predominantly two-bedroom apartments, with one garden-level unit featuring a different bedroom configuration. The seller indicates that four of the units have been recently refreshed, and current photos and a 3-D tour are available as of 11/18.
Located in Melrose Park, Illinois, the property is offered for sale under MULTI zoning. The building is situated on a small lot, and the seller has stated that the roof will be replaced with an acceptable offer. Additional property details and operating information are referenced in the listing, based on the 2024 full year.
For buyers seeking a ready-to-operate multifamily asset, this property’s fully rented status and unit refreshes can reduce immediate leasing and turnover-related concerns. The seller’s commitment to replace the roof with an acceptable offer also supports property durability planning. Given the current occupancy and documented recent updates, the building can be considered for investors and owner-operators looking for a straightforward transition with minimal reconfiguration.
Located in Melrose Park, Illinois, the property is offered for sale under MULTI zoning. The building is situated on a small lot, and the seller has stated that the roof will be replaced with an acceptable offer. Additional property details and operating information are referenced in the listing, based on the 2024 full year.
For buyers seeking a ready-to-operate multifamily asset, this property’s fully rented status and unit refreshes can reduce immediate leasing and turnover-related concerns. The seller’s commitment to replace the roof with an acceptable offer also supports property durability planning. Given the current occupancy and documented recent updates, the building can be considered for investors and owner-operators looking for a straightforward transition with minimal reconfiguration.
Key Highlights
- Turn‑key 6‑unit property with tenants in all 6 units
- Built in 1961 with brick construction materials
- Unit mix: all units are 2 bedrooms except one garden level unit
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Turnkey 6-unit multifamily property with all units rented and four recently refreshed apartments.
Where is this apartment building located?
The property is located at 805 N 22nd Avenue Melrose Park, IL.
What is the asking price?
The asking price for this property is $869,700.
What are key features of this property?
This property features: Turn‑key 6‑unit property with tenants in all 6 units; Built in 1961 with brick construction materials; Unit mix: all units are 2 bedrooms except one garden level unit
