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1933 N 18th Avenue Melrose Park, IL 60160 • Multi Unit - Multiple • Active

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Description

Investor Alert! Fully Rented 3-Flat in Melrose Park with Value-Add Potential. Don't miss this excellent opportunity at 1933 N 18th Ave - a well-maintained, fully occupied 3-unit building offering immediate income and future upside. All units are currently rented with long-term tenants that are all on Month-to-Month Terms. Current rents are below market, providing a strong opportunity to increase cash flow with rent adjustments. Each unit features a spacious layout and solid condition, making this a low-maintenance investment. Conveniently located near shopping, dining, public transportation, and major highways. Ideal for investors seeking a stable property with growth potential. Don't miss out on this amazing investment opportunity, reach out today! An IL licensed broker is a member of the LLC that owns the property.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 7
Bathrooms: 3
County: Cook
Listed By:
Citypoint Illinois LLC 847-744-5003
MRED MLS
$600,000
Est. $3,773/mo
7beds
3baths
Active
BEDS7 BATHS3 full MLS#12574758
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 212
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Shown By

Lisa Lynes
 (319) 330-5077

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1933 N 18th Avenue, Melrose Park, IL 60160.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $600,000$600,000$600,000
Down Payment $120,000$21,000$150,000
Monthly Mortgage Amount $2,763$3,438$3,588
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $3,773$4,712$4,598

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