1207 N 16th AVE Melrose Park, IL 60160 Sold on 03/18/2026

$370,000

$380,000 2.6%

5 Beds3 Baths

Key Details

Sold Price $370,0002.6%

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12537911

Sold Date 03/18/26

Bedrooms 5

Year Built 1898

Annual Tax Amount $6,756

Tax Year 2023

Lot Dimensions 52x125

Property Sub-Type Two to Four Units

Property Description

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.