1012 N 24th Avenue, Melrose Park, IL 60160 - Photo 1

1/1

$470,000

Sold
Closed
Multi-Family
6 Total Beds
2.5 Car Garage
Updated 4 days ago

1/1

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

Sold For: $470,000
Taxes: $5,457 (2024)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12698531
Added to Site: 98 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 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
Driving Directions: 25th Ave to Walton, Walton to 24th Ave, North to Home.

School Information

School District: 89
Midd School District: 89
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

Water: Public

Structural Information

Construction: Brick
Exterior Const.: Brick
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

Disclosures and Reports

Ownership: Fee Simple
Property ID: 15033320130000

Listed by T.K. Realty Inc
Sold by Re/Max Cityview

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Listing agent

— 1012 N 24th Ave —

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

10/09/2026

Sold

$470,000

-2.06%

MLS

7/08/2026

Listed

$479,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Multi-Family
Closed

5
Total Beds

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Beds
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Total Baths
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1012 N 24th Avenue, Melrose Park, IL 60160 (MLS# 12698531) is a Multi-Family property that was sold at $470,000 on October 09, 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.

1012 N 24th Ave Melrose Park, IL 60160