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Solid brick 2-flat in the heart of Melrose Park, ideal for investors! Both spacious units offer 3 bedrooms, 1.5 bathrooms, central air, in-unit laundry, and separate utilities, with modern layouts and private entrances. The second unit is currently rented for $1,800/month and features a new water heater, while the first unit is leased at $1,900/month - bringing total monthly rental income to $3,700. Rental comps in the area show potential up to $2,100/month, leaving room to increase cash flow. The property also includes a rare 7-car parking pad in the rear. Conveniently located near schools, shopping, parks, and expressways. A great opportunity for investors looking to add a fully occupied, income-producing property to their portfolio. Please note: photos of Unit 1 are from a previous tenant.
| DAYS ON MARKET | 2 | LAST UPDATED | 4/22/2026 |
|---|---|---|---|
| YEAR BUILT | 2005 | COMMUNITY | Melrose Park |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | Rhodes Elementary School |
|---|---|
| Elementary School | Rhodes Elementary School |
| Jr. High School | Rhodes Elementary School |
| High School | Rhodes Elementary School |
| ADDITIONAL DETAILS | |
| AREA | Melrose Park |
|---|---|
| BASEMENT | None |
| CONSTRUCTION | Brick |
| HEAT | Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 5,704 sqft |
| PARKING | Assigned |
| SEWER | Public Sewer |
| TAXES | 13696 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Keller Williams Premiere Properties
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.