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$425,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • 2 Car Garage
  • Updated 1 day ago
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Well-maintained 2-flat in desirable Melrose Park featuring strong rental income potential! The first-floor unit offers 3 bedrooms and 1 bath, while the second-floor unit features 2 bedrooms and 1 bath. Updated flooring and fresh paint throughout. Situated on an oversized lot with a detached garage and conveniently located near shopping, dining, and major transportation. Great opportunity for investors or owner-occupants!

Full Property Details for 1511 N 15th Ave

General

  • Price: $425,000
  • Taxes: $8,766 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12567939
  • Updated: 2/13/2026
  • Added to Site: 1 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Upper - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Total Spaces: 9
  • Parking Features: Yes, Garage Owned, Detached, Owned, Garage

Location

  • Area: Melrose Park
  • County: Cook
  • Township: Proviso
  • Driving Directions: North Avenue to 15th Avenue South, Lake Street to 15th Avenue North, Division and 15th Avenue

School Information

  • School District: 89
  • Elem School District: 89
  • Midd School District: 89
  • High School District: 209

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Lake Michigan

Structural Information

  • Construction: Frame
  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Year Built: 1922
  • Built Before 1978: Yes
  • Remodeled/Updated: 2020

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: .50 to .99 Acre
  • Lot Dimensions: 50 x 123

Financial Considerations

  • Assessment Year: 1922
  • Tax Amount: $8,766
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 15032100120000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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Schools serving 1511 N 15th Ave

School Districts:Maywood-Melrose Park-Broadview School District 89, Proviso Township High School District 209
NameGradesDistance
Jane Addams Elementary School, Melrose Park, IL
910 Division Street, Melrose Park, IL 60160
PK-50.3 mi
Stevenson Middle School
1630 North 20th Avenue, Melrose Park, IL 60160
6-80.4 mi
Proviso East High School
807 South 1st Avenue, Maywood, IL 60153
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1511 N 15th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/13/2026
Listed
$425,000
25%
MLS
8/30/2022
Sold
$340,000
—
Public Record
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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 for 1511 N 15th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$759
14%
$2,922
36%
2022
$663
-2%
$2,153
—
2021
$674
3%
$2,153
—
2020
$655
1%
$2,153
8%
2019
$648
—
$1,999
—
2018
$646
2%
$1,999
—
2017
$631
7%
$1,999
8%
2016
$592
2%
$1,846
—
2015
$582
3%
$1,846
—
2014
$564
9%
$1,846
—
2013
$518
3%
$1,846
—
2012
$501
—
$1,846
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1511 N 15th Avenue, Melrose Park, IL 60160 (MLS# 12567939) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 1511 N 15th Avenue is currently listed for $425,000 and was received on February 13, 2026. This property is listed by Sergio Moya from our St Charles Office.Want to learn more about 1511 N 15th 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.

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