Maria Huerta, Listing Office: Triple A Real Estate, LLC.
$4,512
closing credit¹
1411 N 24th Ave Melrose Park, IL 60160
Property details
About 1411 N 24th Ave
Amazing Investor or New Home owner opportunity in the heart of Melrose Park. Whether you are looking to expand your portfolio or Live in one unit and rent out the other, this is the home for you! Both Units have been fully remodeled along with a brand new finished basement for added living space. This will allow you to maximize the income potential this property can generate. 2nd level unit is a 2 bed/1bath, while the main unit boasts the same 2bed/1bath plus an additional family room, sitting room and half bath in the connecting basement. With your imagination, you can add bedrooms instead in the finished basement. Added convenience: Lot includes Parking for up to 5 vehicle's, for added rental income if rented separately. Big side yard for all get togethers or events and summer relaxation. Both Units to be vacant and available as of March 1st 2025, which gives new ownership the luxury of maximizing rental income in a high rental demand area. Amazing location near schools, parks, restaurants, shops, public transportation and close to highways and O'Hare airport! While the owner went above and beyond on the rehab, there are some upgrades still possible for an immediate equity boost to this property. The owner is ready to move on to his new personal residence and therefore this Property is being SOLD AS-IS
Highlights
(New)
Summary
- MLS Number: 12280137
- MLS Name: MRED
- Office Name: A & G Realty Inc.
- Office Phone: (708) 777-1124
- Listing Agent: Rene Acevedo
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$379,999
1411 N 24th Ave
$4,512
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
3
Melrose Park Elementary School
Public District PK-5
0.6 mi
•1715 W Lake St
2
Grant Elementary School
Public District 1-5
0.7 mi
•1300 N 34th Ave
4
Jane Addams Elementary School
Public District PK-5
0.9 mi
•910 Division St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,191. Most Melrose Park, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1411 N 24th Ave
This home is located at 1411 N 24th Ave in Melrose Park, IL and zip code 60160. This 1,908 square foot home was built in 1925. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $379,999.
Over 11 listings were sold over their listed price in December 2024 in Melrose Park, IL. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Melrose Park, IL decreased by 6.6% between November and December 2024. While the average time on the market in December 2024 was 20 days, the median list price was $315,000.