The median home value in Melrose Park, IL is $289,500.
This is
higher than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in Melrose Park, IL is $289,500.
Approximately 48% of Melrose Park homes are owned,
compared to 46% rented, while
7% are vacant.
Melrose Park real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Melrose Park real estate agent to arrange a tour today!
Learn more about Melrose Park.
Excellent Melrose Park Investment: Spacious Two-Unit Building with Basement and Garage! This well-located property in Melrose Park offers a fantastic opportunity for investors. Featuring a spacious two-unit layout and the added benefit of a basement for extra storage or potential, it's ideal for generating rental income. The convenience of a garage further enhances its appeal for tenants. Please note that the coach house is currently non-occupiable per village regulations. Don't miss out on this promising investment property in Melrose Park!
Welcome to this beautiful brick raised ranch nestled in the heart of Melrose Park! This well-maintained home features a spacious living room full of natural light, an updated kitchen with sleek quartz countertops, stainless steel appliances, and modern cabinetry-perfect for everyday living and entertaining. The main level offers 3 spacious bedrooms and 1 full bath, providing comfortable space for the whole family. Downstairs, the full basement includes a cozy fireplace and is ready for your personal touch-ideal for creating a rec room, home office, or additional living space. Enjoy the outdoors with a new wood privacy fence, new shed, and a concrete driveway and patio leading to a 2-car brick garage. Major updates provide peace of mind, including a new roof, windows (2017), furnace (2009), AC (2016), and water heater (2018). Located near great shopping and dining options, this is a fantastic opportunity to own a move-in-ready home in a desirable neighborhood. Don't miss your chance to call this home yours-schedule a showing today!
Spacious Corner Lot Home-Ideal for a Large Family! Discover this generously sized 6-bedroom, 3-bath home in a prime Melrose Park location. With a finished basement and an extra-large two-car garage built in 2008, this property offers ample space and convenience. While it needs some work, it presents a fantastic opportunity for a growing family to make it their own. Enjoy easy access to shopping centers, major transportation, and all the local amenities. Don't miss this chance-schedule a visit today! Home is currently being used as 3 separate residences but zoned as a single family. The interior staircase still exists so the transition shouldn't be difficult. Sellers do not represent the legality of the 2 floor and basement apartments. The Village inspection has not been ordered but there is an existing building violation pertaining to the roof. No FHA
MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST by Thursday, May 15 at 8:00 PM. Welcome to this charming brick split-level home with a sub-basement, located in the heart of sought-after Melrose Park! Featuring 3 spacious bedrooms, 2.5 updated bathrooms, and rich hardwood floors throughout, this home offers a perfect blend of comfort, style, and functionality. Charming wainscoting accents the main level and stairway, adding a touch of character and warmth. As you enter, you're welcomed by a bright foyer with generous closet space. The inviting living room is filled with natural light from a large bay window and centers around a cozy electric fireplace, all framed by elegant crown molding. Adjacent to the living room is a formal dining room, also framed by elegant crown molding, ideal for gatherings and seamlessly connected to the kitchen. The updated kitchen is a standout, featuring granite countertops, stainless steel appliances, a decorative backsplash, and a breakfast bar perfect for quick meals or casual dining. Step out to the deck, ideal for BBQs and entertaining. Upstairs, you'll find an open landing leading to three generously sized bedrooms, including a primary suite with its own private, updated bathroom. Both full baths have been stylishly remodeled with granite vanities and sleek, modern finishes. The lower level offers a versatile family room with recessed lighting-currently being used as an office-plus a half bath and access to the attached garage. From here, step out to the second deck, ideal for entertaining or relaxing. The finished sub-basement provides even more living space, complete with a bar with a wine & beverage refrigerator, laundry area, and additional lighting-perfect for hosting or unwinding. Enjoy the outdoors with a spacious backyard and a dedicated play area just off one of the decks, perfect for kids and family fun. This home is full of charm-you won't want to miss it! Book your private tour today!
This solid two-unit building offers spacious interiors, separate entrances, and a large parking pad. Each unit includes either hardwood or tile flooring, a full kitchen with ample cabinet space, and a clean, tiled bathroom. Ideal for investors or owner-occupants looking for rental income in a move-in ready property. Plenty of ability to duplex down into the finished basement as well.
Beautifully Renovated Corner Lot Home! Step into this stunning, fully rehabbed home where modern updates meet everyday comfort. The heart of the home is the brand-new kitchen featuring maple soft-close cabinets, sleek quartz countertops, a stylish glass tile backsplash, ceramic flooring, and stainless steel appliances. The spacious master suite offers a luxurious retreat with a full private bath and walk-in closet. Enjoy cozy evenings in the living room with an electric interior fireplace and included flat-screen TV. The bathrooms feature Bluetooth exhaust fans for a touch of high-tech convenience. Additional upgrades include all-new electrical, recessed lighting, plumbing, windows, electric water heater, insulation, and HVAC (F/A & C/A). Washer and dryer hook up in basement. The detached garage has a new complete tear off roof, and a newly installed privacy fence completes the outdoor space with a 14x12 patio. Don't miss the chance to own this move-in-ready gem!
Welcome Home to Melrose Park! Only 3 Years Old New Construction. All brick 2 story with 4 bedrooms and 3.1 baths. Kitchen features custom cabinets with SS appliances and large island. Master bedroom on the 1st floor, and 2nd floor has 3 large bedrooms with walk in closets and laundry room.
Discover a fantastic investment opportunity with this fully rented 3-flat building at 1933 N 18th Ave, Melrose Park, IL! This well-maintained property offers steady rental income with all units currently occupied, making it a turnkey opportunity for investors. Featuring spacious layouts, great tenants, and a desirable location close to shopping, dining, and transportation, this building is perfect for those looking to expand their portfolio with a hassle-free, income-generating property. Don't miss out on this prime multifamily investment!
VERY DESIRABLE AND SPACIOUS 2 BED, 2 BATH UNIT IN AN INCREDIBLY CLEAN, WELL RUN CONDO BUILDING BEING OFFERED FOR SALE AS IS. BEAUTIFUL UPGRADED KITCHEN WITH GRANITE COUNTERTOPS AND STAINLESS STEEL APPLIANCES. WOOD FLOORS IN LIVING ROOM/DINING ROOM AND HALLWAYS. NEUTRAL CARPET IN BEDROOMS. LARGE CLOSET IN MASTER BEDROOM. WASHER, DRYER IN UNIT. HEATED INDOOR GARAGE SPACE #20 INCLUDED. BALCONY OFF LIVING ROOM. SPECIAL AMENITIES INCLUDE CLUBHOUSE, INDOOR HEATED POOL, PARTY/EVENT ROOM, AND EXERCISE ROOM. LUXURY BUILDING INSIDE THE GATED COMMUNITY OF THATCHER WOODS. ASSESSMENTS INCLUDE HEATED GARAGE, HEAT, CABLE, INTERNET, CLUBHOUSE ACCESS, INDOOR POOL AND MORE! RENTALS ALLOWED
Multigenerational, long-time owners have made their memories in this building. Now it's time for a new family's story. This is a five-bedroom, three-bath, two-unit building. The third floor could be duplex to the 2nd floor. There is an amazing amount of storage space in this building. The original family brought the grapevine from Italy that now grows annually on the arbor in the backyard, along with a vegetable garden. The three-car garage and its half-bath were built for the convenience of many partygoers. There are multiple parking spaces on the Iowa side of the building. Being sold "as is". Village inspection is in the additional information section of the MLS.
Come and see the potential offered in this brick home in Melrose Park! 2 BR's and 1 Bath with a full basement and walk up attic for future expansion and additional living space. The home needs renovation to make it your own but has many updates in place: Roof, HVAC, HWH and windows all done in 2018 as well as a new garage door. Large fenced yard and an oversized 2+car garage in a great location. Estate sale being sold AS IS. Don't miss this opportunity!
Welcome to this stunning and expansive townhome, thoughtfully designed with style and comfort in mind. Built in 2007, this 4-bedroom, 4.5-bath beauty offers exceptional space and charm throughout. From the moment you arrive, the darling wrap-around front porch sets the tone-inviting you to sit back, relax, and feel right at home. The attached 2-car garage is a true winter luxury! Inside, you'll find a bright and open kitchen and living room combo featuring soaring vaulted ceilings that create a grand and inviting atmosphere. A wood burning fireplace is the centerpiece of the living room. The formal dining room offers flexibility and can easily be converted into a first-floor ensuite. A main-level laundry room enhances everyday ease and adds to the home's overall functionality. The second floor features a cozy loft space, three generously sized bedrooms with huge closets, and two full bathrooms, providing ample space. Head downstairs to the expansive finished basement complete with an additional bedroom and full bath-perfect for guests, a home gym, or additional living space. This home is part of a beautifully and meticulously maintained community. Don't miss your chance to own this one-of-a-kind townhome that truly has it all-space, style, flexibility, and fantastic community perks!
STUNNING BRICK 2 FLAT IN THE HEART OF MELROSE PARK AND REHABBED IN 2022 MANY UPDATES INCLUDE INDIVIDUALLY METERED UNITS WITH SEPARATE EFFICIENT HVAC IN BOTH UNITS. 1ST FLOOR OPEN DESIGN LIVING/DINING/KITCHEN FEATURING GRANITE COUNTER TOPS, STAINLESS STEEL APPLIANCES, GORGEOUS OAK AND PINE HARDWOOD FLOORING THROUGHOUT, NEWER WINDOWS. NEW PLUMBING AND ELECTRICAL WITH PLANS AND PERMITS. THE 2ND FLOOR 4 BEDROOM UNIT OFFERS A SPACIOUS BRIGHT OPEN FLOOR PLAN WITH STAINLESS STEEL APPLIANCES. PARKING PAD BEHIND THE BUILDING CAN FIT 4 CARS. CLOSE TO METRA AND PUBLIC TRANSPORTATION. ENDLESS SHOPS AND RESTAURANTS!!! THIS PROPERTY REQUIRES FLOOD INSURANCE.
Welcome to this rental income generating, spacious and beautifully designed 2023 new construction single family home, perfectly situated in the highly desirable Melrose Park neighborhood. The first floor which is rented, features three bedrooms and one bath, offering a bright and inviting living space with hardwood flooring, large sun-filled windows, skylight windows and a modern kitchen equipped with stainless steel appliances. The fully finished basement serves as a separate living space with two bedrooms and one bath. Located in a prime location, this property provides easy access to expressways, shopping centers, restaurants, schools, and recreational activities, ensuring convenience at every turn. With central air, stylish finishes, and a well-maintained exterior, this home is the perfect blend of comfort and practicality. Don't miss your chance to own this fantastic income-generating home in the vibrant Melrose Park community. Schedule your showing today!
Great location. Winston Park Beverly 2nd owner. Roof 3 years old, 2nd floor windows replaced along with den bath. Hardwood floors refinished. Finished basement. Buyer to assume village repairs except for electrical. Village Inspection and forms under additional info tab.
Open House:
Saturday, 5/17 11:00-1:00PM
***PLEASE CLICK ON THE VIRTUAL TOUR LINKS...THERE IS ONE LINK PER UNIT*** This charming 3 Unit building is nestled in the heart of Melrose Park, offering a fantastic opportunity for investors or multi-family living. Here is your opportunity to own a part of Melrose Park History via this 3 Unit property on an OVERSIZED LOT, with ample parking. Forget the hassle of street parking! This property provides an oversized- three car garage, four exterior parking spaces, and plenty of convenient off-street parking, ensuring residents have a designated spot for their vehicles. All units are on month-to-month rental agreements with occupants, with NO LEASES in place which gives new ownership the opportunity for rental growth in an area with high rental demand. Occupants are longtime family friends that have grandfathered in rents. Amazing location near schools, parks, restaurants, shops, public transportation and so much more. With three units, this property offers an excellent opportunity for generating multiple income streams. Whether you decide to rent out all units or live in one and rent out the others, the potential for substantial returns is within reach. This may be the one you'll want to call home or add to your portfolio.
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