Two-Unit Residential Income
New
For Sale
$432,000
1402 N 15th Avenue Melrose, Melrose Park, IL 60160
Oversized two-unit property with a full basement, corner lot, and a 4-car garage, sold AS-IS.
Lot Size0.15 Acres
Days on Market5
Property Features for 1402 N 15th Avenue Melrose
General Information
Standard status
Active
Total Parking Spaces
4
Lot size
0.15 Acres
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
Natural Gas
Forced Air
Radiant
Asphalt
Building Details
Year Built
1932
Tenancy
Multi
Listing Agency:
United Real Estate - Chicago
(630) 222-1534
Listed By:
Rosa Bueno · License #475133310
Source:
Kw
Added: Jul 26
Changed: Jul 27
Last Checked: Jul 29 at 12:44PM
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 United Real Estate - Chicago
Investment Insights
Based on property information with market context.
This oversized two-unit residential income property includes a full basement and is situated on a corner lot. The building was originally constructed as a four-unit property and was later converted into a two-unit residence. Each unit has access to its own side of the basement, supporting practical separation within the structure.
A 4-car garage is also included. The property is being sold AS-IS, and the seller will make no repairs or provide credits for repairs.
Buyers should review the property condition carefully and plan accordingly, as no improvements are being offered as part of the sale.
A 4-car garage is also included. The property is being sold AS-IS, and the seller will make no repairs or provide credits for repairs.
Buyers should review the property condition carefully and plan accordingly, as no improvements are being offered as part of the sale.
Key Highlights
- Oversized two‑unit property on a 6,600 sq. ft. corner lot
- Full basement with separate access from each unit
- 4‑car garage
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,267
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Oversized two-unit property with a full basement, corner lot, and a 4-car garage, sold AS-IS.
Where is this duplex located?
The property is located at 1402 N 15th Avenue Melrose Melrose Park, IL.
What is the asking price?
The asking price for this property is $432,000.
What are key features of this property?
This property features: Oversized two‑unit property on a 6,600 sq. ft. corner lot; Full basement with separate access from each unit; 4‑car garage