Welcome to a lucrative investment opportunity nestled in the heart of Melrose Park, where prime real estate meets exceptional potential. This investment gem sits within close proximity to shopping centers, central highways, schools, parks, and public transportation. Its strategic location not only enhances its desirability for tenants and investors alike, but also presents long-term appreciation in property value. A well-maintained 4-unit brick building comprises of three spacious 2-bedroom apartments and one large single-bedroom unit. Apartments are all in excellent condition with some recent undergone renovations. A Large laundry room with coin operated washer and dryer and additional storage for each apartment is on site, as well as a shed. Outside you will find 5 parking spots and a common gathering area. The building has a newer roof and gutters (2017), new fire-resistant doors and newer water heater. All units are currently occupied by long-term tenants and the rent amount is below current market value.
Extra Information for 1914 N 18th Ave Melrose Park, IL
- Seller Type: Agent/Broker
- Category: Single-Family Houses
- Amenities: Storage,Washer Dryer
- Listed Date: May 16, 2024
