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$479,900 Just Listed
Property Description
Exceptional investment opportunity in the heart of Melrose Park! This beautifully maintained all-brick 2-flat is perfect for buyers seeking strong rental income. Each spacious unit features 3 bedrooms, 1 full bathroom, central air, in-unit laundry, separate utilities, and generous kitchens with granite countertops and abundant cabinet space. The upper unit offers approximately 1,200 square feet plus a covered back deck, while the lower unit spans approximately 1,100 square feet and was beautifully renovated in 2023 with modern finishes and stainless steel appliances. This building offers a detached 2 car garage and plenty of parking space. Ideally located just steps from the Melrose Park Civic Center, soccer fields, public transportation, and the Melrose Park Metra Station, with easy access to major expressways. Whether you're expanding your investment portfolio or searching for the perfect home and income property, this is a rare opportunity you won't want to miss!!!
Full Property Details
Full Property Details for 1012 N 24th Ave
General
- Price: $479,900
- Taxes: $5,457 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12698531
- Updated: 7/8/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, F
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Garage
Location
- Area: Melrose Park
- County: Cook
- Township: Proviso
- Driving Directions: 25th Ave to Walton, Walton to 24th Ave, North to Home.
School Information
- School District: 89
- Elem School District: 89
- Midd School District: 89
- High School District: 209
- Elementary School: Stevenson Elementary School
- Middle School: Melrose Park Elementary School
- High School: Proviso East High School
- Private School: Proviso East High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out Access
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1894
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.07
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 26.4 x 125.7
- Fence: Yes
- Zoning: MULTI
- Fencing (Description): Fenced
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1894
- Tax Amount: $5,457
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 15033320130000
Listed by T.K. Realty Inc
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Schools
Schools serving 1012 N 24th Ave
School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
| Name | Grades | Distance |
|---|---|---|
Melrose Park Elementary School 1715 West Lake Street, Melrose Park, IL 60160 | PK-5 | 0.5 mi |
Stevenson Middle School 1630 North 20th Avenue, Melrose Park, IL 60160 | 6-8 | 0.6 mi |
Proviso East High School 807 South 1st Avenue, Maywood, IL 60153 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1012 N 24th Ave
Date
Details
Price
Change
Source
7/08/2026
Listed
$479,900
9.07%
MLS
2/15/2024
Sold
$440,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1012 N 24th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,457
12%
$21,000
33%
2022
$4,880
-2%
$15,837
—
2021
$4,955
3%
$15,837
—
2020
$4,817
-6%
$15,837
—
2019
$5,122
—
$15,801
—
2018
$5,104
159%
$15,801
—
2017
$1,971
-42%
$15,801
21%
2016
$3,372
3%
$13,018
—
2015
$3,280
3%
$13,018
—
2014
$3,195
-13%
$13,018
-17%
2013
$3,673
2%
$15,715
—
2012
$3,585
—
$15,715
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1012 N 24th Ave
1012 N 24th Avenue, Melrose Park, IL 60160 (MLS# 12698531) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 1012 N 24th Avenue is currently listed for $479,900 and was received on July 08, 2026. Want to learn more about 1012 N 24th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Melrose Park? You can browse all Melrose Park real estate or contact a Coldwell Banker agent to request more information.
