805 North 22nd Avenue

Melrose Park, IL 60160

$899,700
Price
11
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Absolutely fabulous turn key 6 unit with tenants in ALL units! All are 2 bedrooms except for one of the garden level units. Photos and 3-D tour are current as of 11/18. 4 of the units are recently rehabbed. All units are rented and bringing in exceptional rents. Financials below are based off of the 2023 full year. Rents have gone up $2600 per month since units were rehabbed.Absolutely fabulous turn key 6 unit with tenants in ALL units! All are 2 bedrooms except for one of the garden level units. Photos and 3-D tour are current as of 11/18. 4 of the units are recently rehabbed. All units are rented and bringing in exceptional rents. Financials below are based off of the 2023 full year. Rents have gone up $2600 per month since units were rehabbed.
  1. Listed by Neil Gates • Chase Real Estate LLC

Property Details for 805 North 22nd Avenue

Area
Melrose Park
Township
Proviso
Num of Interior Fireplaces
0
Zoning
MULTI
LISTING UPDATED: 12/17/2024 12:07 AM

Property Details for 805 North 22nd Avenue

StatusActive
MLS #12213110
Days on Market86
Taxes$6,609 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1961
Lot Size0.05 AC / 2,329 SF
CountyCook County

Building Information for 805 North 22nd Avenue

Stories2Residences6Year Built1961Building Size-Lot Size0.05 AC / 2,329 SF

Property Information for 805 North 22nd Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • # Of Washers: 0
  • Basement Description: Finished, Lookout, Daylight
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water
  • # Of Window/Ac: 0
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • # Of Dryers: 0
  • # Of Disposals: 0
  • # Of Dishwashers: 6
  • Num of Baths: 6.0
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 2329
  • Lot Size Square Feet: 2329.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Building Area Total: 5655
  • Lot Size Source: County Records
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Public Document Count: 2
  • Document Date: 2024-12-11T21:04:04
  • Photos Count: 36
Miscellaneous
  • Current Use: Multi-Family
  • Location: Corner
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $3,594.00
  • Gross Income: $63,608.00
  • Gross Scheduled Income: $36,472.00
  • Insurance Expense: $5,000.00
  • Maintenance Expense: $3,201.00
  • Manager Expense: $6,253.00
  • Electric Expense Source: Combination
  • Expense Year: 2023
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Actual
  • Janitor Expense: 784
  • Manager Expense Source: AC
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Combination
  • Total Monthly Income: 5138
  • Water Expense Source: Combination
  • Net Operating Income: $36,472.00
  • Operating Expense: $27,135.00
  • Other Expense: $9,549.00
  • Trash Expense: $1,000.00
  • Water Sewer Expense: $3,594.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 5
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
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 805 North 22nd 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 805 North 22nd Avenue

Taxable ValueLand$2,096Additions$23,336Total$25,432
Tax Record2023$6,609 ($551 / month)
Home Facts
Baths6Total Finished SqFt5,655 SqFtAbove Grade Finished SqFt5,655 SqFtStories2Lot Size2,329 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountyCOOKAPN15-03-351-005

Schools near 805 North 22nd 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 - PK to 8
Rating
School
Distance
Melrose Park Elementary School
PublicPK to 5

Stevenson Middle School
Public6 to 8

Proviso East High School
Public9 to 12

Washington Dual Language Academy
PublicPK to 8

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.

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805 North 22nd Avenue is a multi-family home for sale in Melrose Park, IL 60160. This property was listed for sale on December 11, 2024 by Chase Real Estate LLC, it's currently listed at $899,700. This listing's school districts are Proviso Twp Hsd 209 School District, Maywood-Melrose Park-Broadview 89. Nearby schools include Melrose Park Elementary School, Stevenson Middle School and Proviso East High School. 805 North 22nd Avenue is a 11-bed, 6-bath, multi-family home built in 1961.

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 Chase Real Estate 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 12/17/2024 12:07 AM. 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.