Property profile

1623 32nd Ave Melrose Park, IL 60160

OFF-MARKET
Residential income homes
Property ID
US28-2003998
2,948 SF 0.16 ac lot Built 1960
Entity Owned 2-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1960
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,948 SF
Lot 0.16 ac (7,128 SF)
APN 15-04-206-006
UPID US28-2003998

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1623 32nd Ave Melrose Park, IL 60160-1721
Melrose Park metro Census 816500 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2024
Last sale
$370,000
1 recorded transaction
2024
$370,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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