
1005 N 22nd Ave Melrose Park, IL 60160
Estimated payment $2,814/month
About This Home
Turnkey 2-Unit in Melrose Park - Fully Renovated in 2025, Fully Vacant, and Ready to Go Welcome to 1005 N 22nd Ave, a rare opportunity to own a completely updated two-flat offering modern finishes, strong rental potential, and flexibility for a variety of buyers. Whether you're an investor looking for reliable cash flow, a multi-generational household, or a buyer planning to lower your mortgage with rental income, this property delivers. Fully renovated in 2025, each unit features 2 bedrooms and 1 bathroom, with updated kitchens showcasing quartz countertops, stainless steel appliances, and sleek, contemporary design. Major systems have been replaced, including brand-new high-efficiency central heat and air, updated plumbing, and separate utilities (shared water). Additional highlights include: * Siding replaced in 2017 * Shared laundry area * Durable slab foundation for low maintenance * Both units are vacant and move-in ready * Private driveway fits up to 4 cars Located near shopping, dining, schools, and public transportation, this property blends comfort, convenience, and strong income potential. Live in one unit and rent the other, or rent both for maximum return-opportunities like this are rare. Agent has interest.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,977
Year Built
- Built in 1946 | Remodeled in 2025
Home Design
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Driveway
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/06/2025 04/06/25 | Pending | -- | -- | -- |
04/03/2025 04/03/25 | For Sale | $415,000 | -- | -- |
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