Financial
Distress signals
Property profile

1216 20th Ave Melrose Park, IL 60160

OFF-MARKET
Other commercial real estate
Property ID
US28-4715418
2,808 SF 0.1 ac lot Built 1979
Last sale Apr 2022 · $370,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

The property is a completely gut-rehabilitated two-flat residential building in Melrose Park, Illinois. It contains six bedrooms and 4.5 bathrooms and includes modern interior finishes such as quartz waterfall countertops, touchless faucets, soft-close cabinetry, upgraded flooring, large-format tile, contemporary lighting, and fresh Benjamin Moore Regal Select paint. The bathrooms are equipped with frameless glass showers, rainfall showerheads and handheld wands, and built-in benches.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$8k
Tax billed · 2022
Assessed value$30k
Assessed land$3k
Assessed improvement$26k
Effective rate27.27%

Value estimate

· Sep 2026
$425k
$383k – $468k
AI approach$400k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 151 recorded sales of this use type
Observed band · Q1–Q3$109 – $178

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.3
Law Firm10.7
Garden Center10.3

Location

1216 20th Ave Melrose Park, IL 60160-3208
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1801 Wn, Melrose Park, IL 60160-1210 $1,000,000 Jun 2025 No data
1815 Wn, Melrose Park, IL 60160-1210 $1,000,000 Jun 2025 No data
2318 Wn, Melrose Park, IL 60160-1117 $800,000 Mar 2025 No data
1225 Superior, Melrose Park, IL 60160 $150,000 Jun 2024 No data
1606 Wn, Melrose Park, IL 60160 $1,550,000 Mar 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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