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Melrose Park, IL Residential Income Properties for Sale

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Turnkey Multifamily in Melrose Park
$879,700
0.05 Acres

Turnkey Multifamily in Melrose Park

805 N 22nd Avenue, Melrose Park, IL 60160

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

  • Turnkey 6‑unit building with strong rental income.
  • Seller will replace the roof with an acceptable offer.
  • 4 out of 6 units are currently rented.
  • 4 units have been recently refreshed.
  • Includes a mix of 2‑bedroom units.
Updated: Jan 5
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Melrose Park Multifamily Investment
$355,000
0.07 Acres

Melrose Park Multifamily Investment

1510 N 15th Avenue, Melrose Park, IL 60160

Two-unit property with vacant lot and ample parking.

  • Two‑unit property plus an additional vacant lot.
  • Two‑car garage and parking pad for three additional cars.
  • Hardwood floors, dining rooms, and large eat‑in kitchens in both units.
  • Central air in each unit.
  • Roof is approximately 5 years old.
Updated: Jan 24
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Solid Brick Three-Flat Investment
$599,000
0.09 Acres

Solid Brick Three-Flat Investment

Three-flat property with income potential near shops and transportation.

1724 N 19th Avenue, Melrose Park, IL 60160
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Melrose Park Income Opportunity
$159,000

Melrose Park Income Opportunity

Melrose Park duplex with rehab potential for investors or owner-occupants.

2032 N 18th Avenue, Melrose Park, IL 60160
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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
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Based on your search, we've compiled 1346 Potential Opportunities for your consideration. Besides 5 Active listings in Melrose Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1333 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Commercial Property with Established Business
$419,000
0.07 Acres

Commercial Property with Established Business

Live and work in this River Grove commercial property.

9011 Grand Avenue, River Grove, IL 60171
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River Grove Commercial Investment Opportunity
$375,000
0.30 Acres

River Grove Commercial Investment Opportunity

Versatile property with potential for rental units or business operations.

8517 W Grand Avenue, River Grove, IL 60171
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Franklin Park Development Opportunity
$990,000
0.34 Acres

Franklin Park Development Opportunity

Prime location near train station for commercial/residential development.

9701-09 Franklin Avenue, Franklin Park, IL 60131
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Franklin Park Multifamily Investment Opportunity
$1,100,000
0.23 Acres

Franklin Park Multifamily Investment Opportunity

Two ten-unit apartment buildings with recent upgrades and tax benefits.

10542 Crown Road, Franklin Park, IL 60131
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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.

Franklin Park Multi-Family Lot
$199,900

Franklin Park Multi-Family Lot

Multi-family lot in Franklin Park near transportation.

10729 W Grand Avenue, Franklin Park, IL 60131
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Vacant Lot in River Forest
$1,200,000
0.42 Acres

Vacant Lot in River Forest

Vacant lot suitable for condos or townhomes development.

1101 Bonnie Brae Place, River Forest, IL 60305
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Cleared Land in Oak Park
$739,900
0.21 Acres

Cleared Land in Oak Park

Cleared land suitable for development in Oak Park, Illinois.

1125 Erie Street, Oak Park, IL 60302
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Elmhurst Vacant Lot Opportunity
$390,000
0.23 Acres

Elmhurst Vacant Lot Opportunity

Ready-to-build lot in Elmhurst with convenient access to Chicagoland.

426 E Harrison Street, Elmhurst, IL 60126
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Explore 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.

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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
2904 Vinan Dr

2904 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
Value Estimation
$7,195,000
2904 Vinan Dr, Melrose Park, IL 60164-1248
View details
2907 Vinan Dr

2907 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
Value Estimation
$7,170,000
2907 Vinan Dr, Melrose Park, IL 60164-1251
View details
1050 Vinan Dr

1050 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.02 Acres
Value Estimation
$7,095,000
1050 Vinan Dr, Melrose Park, IL 60164
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2909 Vinan Dr

2909 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.14 Acres
Value Estimation
$7,140,000
2909 Vinan Dr, Melrose Park, IL 60164-1253
View details
2911 Vinan Dr

2911 Vinan Dr

GARDEN APT, COURT APT (5+ UNITS) • 0.08 Acres
Value Estimation
$7,185,000
2911 Vinan Dr, Melrose Park, IL 60164-1255
View details

Melrose Park, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 1338 residential income properties for sale in Melrose Park, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,800,440 square feet of properties for sale, with an estimated market value of $478,578,700.

Sale prices for residential income properties in Melrose Park, IL start at $70,000, averaging $516,823, and reaching up to $10,345,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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