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Renovated Duplex with Basement
For Sale
$449,900

1310 N 24th Avenue Melrose, Melrose Park, IL 60160

Two residential units offer updated kitchens and bathrooms, with additional building improvements and basement utility space.

Property SizeContact for details
Days on Market30

Property Features for 1310 N 24th Avenue Melrose

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

basement laundry area
Natural Gas
Humidifier
Asphalt

Building Details

Year Built 1909
Listing Agency: Keller Williams Success Realty
Listed By: Soraya Erazo · License #03202509
Source: Kw
Added: Aug 4 Changed: Aug 31 Last Checked: Sep 1 at 2:46PM

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 Keller Williams Success Realty

Investment Insights

Based on property information with market context.

This duplex includes two residential units with distinct improvement packages. The first-floor residence received a full renovation in 2024, including flooring, electrical wiring, lighting, a granite kitchen island, appliances, interior doors, the main entry door, bathroom finishes, and a smart thermostat. The second-floor unit includes updated kitchen cabinetry, a refrigerator, stove, microwave, and a renovated bathroom.

Shared building improvements include a basement laundry area, a boiler installed in 2024, a water meter added in 2023, and an architectural shingle roof replaced in 2019. The basement provides space for storage, a workshop, recreation use, or future customization. The property was built in 1909 and includes natural gas and a humidifier.

Key Highlights

  • Two‑unit residential property with a full first‑floor renovation completed in 2024
  • First‑floor kitchen includes a granite island and new refrigerator, stove, and microwave
  • Second‑floor unit has new kitchen cabinetry, appliances, and a renovated bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center Accounting Firm Parking Lot & Garage

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,204
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer updated kitchens and bathrooms, with additional building improvements and basement utility space.
Where is this duplex located?
The property is located at 1310 N 24th Avenue Melrose Melrose Park, IL.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑unit residential property with a full first‑floor renovation completed in 2024; First‑floor kitchen includes a granite island and new refrigerator, stove, and microwave; Second‑floor unit has new kitchen cabinetry, appliances, and a renovated bathroom
More about this property
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