1650 North 1st Avenue

Melrose Park, IL 60160

$1,200,000
Price
10
Beds
10
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Well maintained 10 unit 2 story brick California style building. All units are 4 room/1 bedroom/ 1 bath, fully rented, ceramic tile floors in kitchens, baths, hallway. Great location and easy to rent. Low Taxes, Short distance to shopping and expressway.Well maintained 10 unit 2 story brick California style building. All units are 4 room/1 bedroom/ 1 bath, fully rented, ceramic tile floors in kitchens, baths, hallway. Great location and easy to rent. Low Taxes, Short distance to shopping and expressway.
  1. Listed by Frank Christiano • Skydan Real Estate Sales, LLC

Property Details for 1650 North 1st Avenue

Area
Melrose Park
Township
Proviso
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING UPDATED: 11/10/2024 04:08 PM

Property Details for 1650 North 1st Avenue

StatusNew
MLS #12207493
Days on Market5
Taxes$17,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built1965
Lot Size0.20 AC / 8,607 SF
CountyCook County

Building Information for 1650 North 1st Avenue

Stories2Residences10Year Built1965Building Size-Lot Size0.20 AC / 8,607 SF

Property Information for 1650 North 1st Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: State Road
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Basement Description: Unfinished
  • Heat/Ventilation: Gas,Hot Water
  • # Of Window/Ac: 10
  • # Of Refrigerators: 10
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • # Of Disposals: 0
  • Num of Baths: 10.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Dimensions: 57X151
  • Lot Size Square Feet: 8607.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Hydrants On Site,Smoke or Fire Protectors
  • Roof Structure: Gable
  • Foundation Details: Concrete Perimeter
  • # Of Ranges: 10
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $2,500.00
  • Fuel Expense: $6,000.00
  • Gross Income: $114,960.00
  • Gross Scheduled Income: $114,960.00
  • Insurance Expense: $3,600.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: None Known
  • Expense Year: 2023
  • Total Annual Expense Source: Combination
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 2000
  • Trash Expense Source: Actual
  • Total Monthly Income: 11000
  • Water Expense Source: Actual
  • Net Operating Income: $114,960.00
  • Operating Expense: $39,000.00
  • Other Expense: $.00
  • Trash Expense: $1,200.00
  • Water Sewer Expense: $4,200.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 10
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1650 North 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1650 North 1st Avenue

Taxable ValueLand$6,885Additions$51,490Total$58,375
Tax Record2022$17,989 ($1,499 / month)
Home Facts
Total Finished SqFt5,956 SqFtAbove Grade Finished SqFt5,956 SqFtStories2Lot Size8,607 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyCOOKAPN15-02-111-081

Schools near 1650 North 1st Avenue

This home is within Proviso Twp Hsd 209 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jane Addams Elementary School
PublicPK to 5

Stevenson Middle School
Public6 to 8

Proviso East High School
Public9 to 12

Proviso Math And Science Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1650 North 1st Avenue is a multi-family home for sale in Melrose Park, IL 60160. This property was listed for sale on November 10, 2024 by Skydan Real Estate Sales, LLC, it's currently listed at $1,200,000. This listing's school districts are Proviso Twp Hsd 209 School District, Maywood-Melrose Park-Broadview 89. Nearby schools include Jane Addams Elementary School, Stevenson Middle School and Proviso East High School. 1650 North 1st Avenue is a 10-bed, 10-bath, multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Skydan Real Estate Sales, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/10/2024 04:08 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.