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    1 home
      1 home available
      1914 N 18th Avenue, Melrose Park, IL 60160
      Listed 5 days ago
      1914 N 18th Avenue, Melrose Park, IL 60160
      $559,000
      7beds
      sqft
      acres
      Multi Family for Sale

      1914 N 18th Avenue, Melrose Park, IL 60160

      Listing by: Altogether Realty Corporation
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      1914 N 18th Avenue, Melrose Park, IL 60160
      Listed 5 days ago
      $559,000
      7beds
      full,half bath
      sqft
      acres

      1914 N 18th Avenue, Melrose Park, IL 60160

      Multi Family for Sale by Sarit LevineAltogether Realty Corporation.

      Data checked -. Listing last updated 37 hours ago.
      1. Overview
      2. Details
      3. More 

      Welcome to a lucrative investment opportunity nestled in the heart of Melrose Park, where prime real estate meets exceptional potential. A well-maintained 4-unit brick building comprised of 3 beautifully renovated 2-bedroom apartments and one 1-bedroom apartment. Onsite is A large laundry room with coin operated washer and dryer and additional storage for each apartment. Other features of this impressive property include a sump pump, newer roof and gutters (2017), new appliances (2025), new light fixtures (2025), new flooring (2025), new fire-resistant doors, newer water heater, 5 parking spots, as well as a Shed and a picnic area on the premises for the tenants to enjoy. 2 out of the 4 units are currently occupied, while the other 2 are vacant and newly remodeled and offer great potential to either rent at market value or to occupy one of the specious units. This property offers investors a rare opportunity for substantial returns on their investment in today's flourishing market. With all units rented at the market rate the capitalization rate is at an astonishing 10 percent. This investment gem sits within close proximity to shopping centers, central highways, schools, public 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. Whether you're looking to be a homeowner getting additional income, an experienced investor seeking to diversify your portfolio or a newcomer looking to capitalize on the real estate market's potential, look no further because this opportunity combined with a very strong rental market demand grants both immediate return on investment and long-term growth. One of the owners is a licensed real estate agent.

      Internet Serviceability
      Details
        Property type
      Residential Income
        Year built
      1970
        Heating
      Natural Gas
        Cooling
        Total rooms
      17
        Garage
      No
        Parking spots
      5
      MRD12429437
      MLS ID
      Active
      Status
      07-25-2025
      On market date
        Laundry features
        Fireplace
      No
        Pets allowed
        Architectural Style
      Interior features
      Exterior features
      Lot features
      Appliances included
      Construction materials
      Brick
      Monthly taxes
      $1,121
      Yearly taxes
      $13,450
      Community Features
      -
      School district
      Rhodes School Dist 84.5, Leyden Comm H S Dist 212
      Schools
      Rhodes Elementary School
      Senior community
      No
      Common Charges
      -
      Maintenance
      -
      Additional Fees
      -
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Sarit Levine
      Sarit Levine
      Direct 
       
      Location
      North Ave (Route 64) to 18th Ave N to building
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      1914 N 18th Avenue, Melrose Park, IL 60160, is a 7 bedroom Multi Family built in 1970. This property is currently available for sale and was listed on Mainstreet REALTORS® on 7-25-2025. The MLS# for this Multi Family is MLS# MRD12429437.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®