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Triplex Property with Basement Apartment
New
For Sale
$329,900

1209 N 22ND Avenue, Melrose Park, IL 60160

Legal two-flat configuration includes an additional apartment, spacious living areas, an eat-in kitchen, yard, and on-site parking.

Property SizeContact for details
Days on Market6

Property Features for 1209 N 22ND Avenue

General Information

Standard status Active
Property subtype MULTI_FAMILY

Taxes and HOA fees

Annual Taxes $5,247

Building Details

Year Built 1921
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX Partners
Listed By: Michael Scola · License #471004156
Source: Dawnmckennagroup
Added: Aug 4 Changed: Aug 9 Last Checked: Aug 9 at 1:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Partners

Investment Insights

Based on property information with market context.

Built in 1921, this triplex property is arranged as a legal two-flat with an additional apartment in the basement. The interior includes generously sized living rooms and an eat-in kitchen suited to everyday residential use. The property also features maintained mechanical systems, a yard, and parking on the premises.

Located at 1209 N 22ND Avenue in Melrose Park, the property offers a residential income configuration with space for extended-family occupancy or rental use. The property is being sold in as-is condition.

Key Highlights

  • Legal two‑flat with an additional basement apartment
  • Built in 1921
  • Large eat‑in kitchen and spacious living rooms

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Law Firm Parking Lot & Garage Accounting Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,094
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?
Triplex - Legal two-flat configuration includes an additional apartment, spacious living areas, an eat-in kitchen, yard, and on-site parking.
Where is this triplex located?
The property is located at 1209 N 22ND Avenue Melrose Park, IL.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Legal two‑flat with an additional basement apartment; Built in 1921; Large eat‑in kitchen and spacious living rooms
More about this property
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