Search
Duplex with Renovation Potential
For Sale
$250,000

1513 N 32nd Ave, Melrose Park, IL 60160

Two-unit property with five bedrooms, two bathrooms, and a flexible residential layout.

Property Size2,173 SF
Price / SF$115.05
Days on Market10

Property Features for 1513 N 32nd Ave

General Information

Standard status Active
Size 2,173 SF
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence handyman special

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1955
Listing Agency: Real People Realty
Listed By: Northwest Suburban Real Estate · License #471003290
Source: Nwsrealestate
Added: Aug 20 Changed: Aug 29 Last Checked: Aug 29 at 9:08AM

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 Real People Realty

Investment Insights

Based on property information with market context.

This duplex at 1513 N 32nd Ave contains approximately 2,173 square feet with five bedrooms and two bathrooms across two residential units. Built in 1955, the property is positioned as a renovation project, allowing the next owner to update the existing interiors and determine whether to retain the two-unit configuration or pursue a single-family conversion, subject to municipal requirements and approvals.

The property is located in Melrose Park near North Avenue and Mannheim Road, with access to I-290 and I-294. The surrounding area includes shopping, restaurants, grocery stores, parks, healthcare, local businesses, and recreational facilities. Metra service offers an additional transportation option, while nearby western suburbs and the Forest Preserves of Cook County extend the surrounding access and recreation network.

Key Highlights

  • Two‑unit residential configuration
  • Approximately 2,173 square feet
  • Five total bedrooms and two bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Garden Center Butcher Nursing Home

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
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,135
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with five bedrooms, two bathrooms, and a flexible residential layout.
Where is this duplex located?
The property is located at 1513 N 32nd Ave Melrose Park, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two‑unit residential configuration; Approximately 2,173 square feet; Five total bedrooms and two bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message