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Two-Unit Duplex with Finished Basement
For Sale
$369,900

125 N 22nd Avenue, Melrose Park, IL 60160

Residential Income, Melrose Park, IL

Property SizeContact for details
Days on Market92

Property Features for 125 N 22nd Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Basement
Parking 5
Parking features Owned, Alley, Driveway
Basement Finished, Walk-Out Access, Full
Elementary school Melrose Park Elementary School
Middle school Roosevelt Elementary School
High school Proviso East High School
Elementary school district 89
Middle school district 89
High school district 209
Directions west on Broadway North on 22nd to property address
Subdivision Melrose Park
Standard status Active
APN 15101030240000

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 11433

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

hardwood flooring
tile flooring
updated bathrooms
private entrances
finished basement
parking pad

Building Details

Year built 1954
Building materials Vinyl Siding, Stone
Roof type Asphalt
Listing Agency: Keller Williams Innovate · Keller Williams Realty
Listed By: Sheena Baker
Added: Jul 30 Changed: Oct 28 Last Checked: Oct 29 at 11:06AM
MLS# 12718663

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.

Rey
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Investment Insights

Based on property information with market context.

This 1954 duplex contains two separate residences, with one currently occupied and the other vacant. Both units offer living areas, full kitchens, hardwood and tile flooring, updated bathrooms, and private entrances. The finished basement adds living space and a full bathroom for storage, recreation, or other extended use.

A large parking pad provides off-street parking, with access from an alley and driveway. The property has vinyl siding and stone construction materials, forced-air natural gas heating, an asphalt roof, public water, and public sewer. Required Village of Melrose Park compliance items have been completed. The property is zoned MULTI and is located near shopping, dining, schools, parks, public transportation, and major expressways.

Key Highlights

  • Two‑unit duplex with one occupied unit and one vacant unit
  • Finished basement includes additional living space and a full bathroom
  • Both units feature full kitchens, updated bathrooms, and private entrances

Property Analytics

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Lease Details

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,309
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - One occupied residence and one vacant residence provide flexibility for an investor or owner-occupant.
Where is this duplex located?
The property is located at 125 N 22nd Avenue Melrose Park, IL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two‑unit duplex with one occupied unit and one vacant unit; Finished basement includes additional living space and a full bathroom; Both units feature full kitchens, updated bathrooms, and private entrances
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