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Two-Unit Duplex Building

1403 N 22nd Ave, Melrose Park, IL 60160

For Sale
$479,750

The first-floor residence extends over two levels, providing a duplex-down layout.

Property SizeContact for details
Days on Market17

Property Features for 1403 N 22nd Ave

General Information

Standard status Active
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $6,236
Listing Agency: Extreme Realty
Listed By: Rocky Gutierrez
Source: Exprealty
Added: Oct 24 Changed: Nov 8 Last Checked: Nov 8 at 11:59AM

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 Extreme Realty

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Investment Insights

Based on property information with market context.

This two-unit residential building includes a first-floor residence arranged across two levels, with the lower level extending below the main floor. The configuration offers a distinct layout within the property.

Restaurants, grocery stores, gyms, and entertainment options are located nearby in Melrose Park.

Key Highlights

  • Two residential units in one building
  • First‑floor unit has a duplex‑down layout
  • Nearby restaurants, grocery stores, gyms, and entertainment options

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,442
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Duplexes in Cook County

Jul
Aug
Sep
Oct

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 - The first-floor residence extends over two levels, providing a duplex-down layout.
Where is this duplex located?
The property is located at 1403 N 22nd Ave Melrose Park, IL.
What is the asking price?
The asking price for this property is $479,750.
What are key features of this property?
This property features: Two residential units in one building; First‑floor unit has a duplex‑down layout; Nearby restaurants, grocery stores, gyms, and entertainment options
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