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$370,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Total Beds
  • 2 Car Garage
  • Updated 3 days ago
See This Home
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Great investment opportunity in Melrose Park! This well-maintained 2-flat offers strong income potential and flexibility for investors. The property features two separate units, each with spacious layouts, ample natural light, and functional floor plans. Full basement provides additional storage and potential value-add opportunities. Located on a quiet residential street with convenient access to major highways, public transportation, schools, shopping, and dining. Ideal for investors looking to generate rental income or buyers seeking a live-in investment.

Full Property Details for 1207 N 16th Ave

General

  • Sold For: $370,000
  • Taxes: $6,756 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12537911
  • Added to Site: 83 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 2
  • Parking Features: Yes, Detached, Garage

Location

  • Area: Melrose Park
  • County: Cook
  • Driving Directions: South of north Ave and north of lake st

School Information

  • School District: 89
  • Midd School District: 89

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Water: Lake Michigan

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement Desc.: Unfinished, Full
  • Year Built: 1898
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 52 x 125

Financial Considerations

  • Assessment Year: 1898
  • Tax Amount: $6,756
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 15034160050000

Listed by Kawash Group
Sold by Realty of America, LLC

Listing agents

— 1207 N 16th Ave —

  • Kawash Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1207 N 16th Ave

School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
NameGradesDistance
Lincoln Elementary School, Maywood, IL
811 Chicago Avenue, Maywood, IL 60153
PK-50.5 mi
Stevenson Middle School
1630 North 20th Avenue, Melrose Park, IL 60160
6-80.5 mi
Proviso East High School
807 South 1st Avenue, Maywood, IL 60153
9-121.6 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 1207 N 16th Ave

Date
Details
Price
Change
Source
3/18/2026
Sold
$370,000
-2.63%
MLS
12/29/2025
Listed
$380,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Kawash Group
Sold by Realty of America, LLC

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Recent Sales near 1207 N 16th Ave

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1207 N 16th Avenue, Melrose Park, IL 60160 (MLS# 12537911) is a Multi-Family property that was sold at $370,000 on March 18, 2026. Want to learn more about 1207 N 16th 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.