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    Melrose Park, IL Multifamily Properties for Sale

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    Bellwood, IL Maywood, IL Franklin Park, IL
    8 results
    Ranch Brick Duplex in Melrose
    $674,700
    0.15 Acres

    Ranch Brick Duplex in Melrose

    1315 N 17th Avenue, Melrose Park, IL 60160

    Updated duplex with finished basement, balconies, and fenced yard.

    • Updated Brick Ranch Duplex: A rare and desirable property featuring two updated units.
    • Income Potential or Multi‑Generational Living: Rent out one unit or accommodate in‑law quarters in the bright, finished English basement.
    • Spacious Units with Multiple Bedrooms & Baths: The north unit has 4 bedrooms and the south unit has 3, each with 3 full baths.
    • Updated Kitchens: Features tall custom cabinets, granite counters, and ceramic floors.
    • Outdoor Living: Includes balconies, fenced yard with paver patios and walkways.
    Updated: May 8
    View details
    Melrose Park Multifamily Property
    $749,000

    Melrose Park Multifamily Property

    1720 N 1st Avenue, Melrose Park, IL 60160

    Multifamily property in Melrose Park with large apartments and parking.

    • Brick, maintenance‑free exterior
    • Features four 2‑bedroom and two 1‑bedroom apartments
    • Newer boiler, furnace, and roof offer peace of mind
    • Eight parking spaces in the back
    • Large apartments
    Updated: May 21
    View details
    Melrose Park Multifamily Opportunity
    $749,000

    Melrose Park Multifamily Opportunity

    Multifamily property in Melrose Park with six apartments and parking.

    1730 N 1st Avenue, Melrose Park, IL 60160
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    Turnkey Multifamily in Melrose Park
    $879,700
    0.05 Acres

    Turnkey Multifamily in Melrose Park

    Six-unit multifamily property with refreshed units and strong rental income.

    805 N 22nd Avenue, Melrose Park, IL 60160
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    Melrose Park Brick Two-Flat
    $480,000

    Melrose Park Brick Two-Flat

    Solid brick 2-flat, ideal for investors, fully occupied.

    2029 19th Avenue, Melrose Park, IL 60160
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    Turn Key 6-Unit Building
    $879,700
    2,329 SF

    Turn Key 6-Unit Building

    Six-unit building with refreshed units and strong rental income.

    805 North 22nd Avenue, Melrose Park, IL 60160
    View details
    Melrose Park Multifamily Investment Opportunity
    $1,900,000

    Melrose Park Multifamily Investment Opportunity

    22-unit multifamily property in Melrose Park, Illinois, for sale.

    2241 Mannheim Rd, Melrose Park, IL 60164
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    22-Unit Multifamily Property For Sale
    $1,900,000

    22-Unit Multifamily Property For Sale

    22-unit multifamily property in Melrose Park, Illinois, with rental upside.

    2241 Mannheim Rd, Melrose Park, IL 60164
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 8 Active listings in Melrose Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 64 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Well-Maintained Duplex in Bellwood, IL
    $350,000

    Well-Maintained Duplex in Bellwood, IL

    Duplex with strong rental potential, recent improvements, and income opportunities.

    3317 Jackson Street, Bellwood, IL 60104
    View details
    Maywood Multifamily Property For Sale
    $109,900
    1,800 SF

    Maywood Multifamily Property For Sale

    Two-unit property in Maywood, Illinois, with income potential.

    1007 S 1ST Avenue, Maywood, IL 60153
    View details
    Bellwood Multifamily Investment Opportunity
    $475,000
    5,000 SF

    Bellwood Multifamily Investment Opportunity

    Well-maintained 5-unit building in revitalizing Bellwood area.

    3420 Warren Avenue, Bellwood, IL 60104
    View details
    Maywood Mixed-Use Commercial Building
    $620,000
    2,000 SF

    Maywood Mixed-Use Commercial Building

    Mixed-use building with development potential in Maywood shopping district.

    409 Lake Street, Maywood, IL 60153
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
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    Residential Land in Riverdale
    Contact for pricing
    0.67 Acres

    Residential Land in Riverdale

    Vacant residential land suitable for building or mobile home placement.

    TBD N Lumberjack Road, Riverdale, MI 48877
    View details
    Recreational Land in Gated Community
    $44,000
    0.75 Acres

    Recreational Land in Gated Community

    0.75-acre lot with hookups in White Birch Lakes Association.

    4537 Pine Run, Farwell, MI 48622
    View details

    Off-Market Properties in Melrose Park, IL

    Consider similar Off-Market properties in Melrose Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1530 1st Ave

    1530 1st Ave

    GARDEN APT, COURT APT (5+ UNITS) • 5,956 SF
    Value Estimation
    $865,000
    1530 1st Ave, Melrose Park, IL 60160-2565
    View details
    1660 1st Ave

    1660 1st Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.20 Acres
    Value Estimation
    $1,545,000
    1660 1st Ave, Melrose Park, IL 60160-2430
    View details
    1952 17th Ave

    1952 17th Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
    Value Estimation
    $9,630,000
    1952 17th Ave, Melrose Park, IL 60160-1363
    View details
    27 King Arthur Ct, Unit 43

    27 King Arthur Ct, Unit 43

    GARDEN APT, COURT APT (5+ UNITS) • 0.67 Acres
    Value Estimation
    $5,150,000
    27 King Arthur Ct, Northlake, IL 60164-2723
    View details
    43 King Arthur Ct

    43 King Arthur Ct

    GARDEN APT, COURT APT (5+ UNITS) • 10,502 SF
    Value Estimation
    $5,140,000
    43 King Arthur Ct, Northlake, IL 60164-2739
    View details
    1914 17th Ave

    1914 17th Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
    Value Estimation
    $8,900,000
    1914 17th Ave, Melrose Park, IL 60160-1356
    View details
    1922 17th Ave

    1922 17th Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
    Value Estimation
    $8,900,000
    1922 17th Ave, Melrose Park, IL 60160-1358
    View details
    1918 17th Ave

    1918 17th Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
    Value Estimation
    $8,900,000
    1918 17th Ave, Melrose Park, IL 60160-1357
    View details
    1910 17th Ave

    1910 17th Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
    Value Estimation
    $8,900,000
    1910 17th Ave, Melrose Park, IL 60160-1300
    View details
    1936 17th Ave

    1936 17th Ave

    GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
    Value Estimation
    $8,900,000
    1936 17th Ave, Melrose Park, IL 60160-1361
    View details
    2905 Willens Dr

    2905 Willens Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
    Value Estimation
    $7,175,000
    2905 Willens Dr, Melrose Park, IL 60164-1265
    View details
    2903 Willens Dr

    2903 Willens Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.20 Acres
    Value Estimation
    $7,100,000
    2903 Willens Dr, Melrose Park, IL 60164-1264
    View details
    2910 Vinan Dr

    2910 Vinan Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.12 Acres
    Value Estimation
    $7,190,000
    2910 Vinan Dr, Melrose Park, IL 60164-1254
    View details
    2906 Vinan Dr

    2906 Vinan Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.12 Acres
    Value Estimation
    $7,185,000
    2906 Vinan Dr, Melrose Park, IL 60164-1250
    View details
    1050 Vinan Dr

    1050 Vinan Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.03 Acres
    Value Estimation
    $7,090,000
    1050 Vinan Dr, Melrose Park, IL 60164
    View details
    2905 Vinan Dr

    2905 Vinan Dr

    GARDEN APT, COURT APT (5+ UNITS) • 0.14 Acres
    Value Estimation
    $7,140,000
    2905 Vinan Dr, Melrose Park, IL 60164-1249
    View details

    Melrose Park, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Melrose Park, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 2,329 square feet of properties for sale, with an estimated market value of $879,700.

    Sale prices for multifamily properties in Melrose Park, IL start at $879,700, averaging $879,700, and reaching up to $879,700 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 6
    Duplexes 2

    Demographics Overview

    Population 55K
    Population Growth (5Y) -3.2%
    Median Household Income $71,815
    College Educated 15.4%

    High-Yield Neighborhoods for Strategic Investment

    Identify Melrose Park submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60160 $648.6K
    60164 $1.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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