Listing provided courtesy of Citypoint Illinois LLCMREDas Distributed by MLSGrid- MLS# 12666849
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Request Info1617 N 35th AvenueMelrose Park, IL 60160
Multi-Family · 8 Beds$615,000
Active
1617 N 35th Avenue Overview
- Time on Site:
- 26 days
- Visits:
- 1
INVESTOR ALERT! Welcome to 1617 N 35th Ave-a meticulously maintained, all-brick 3-flat offering strong income potential and long-term value. This property stands out as one of the best-kept buildings in the area. The building features two spacious 3-bedroom, 1.5-bath units and a 2-bedroom garden apartment, offering ideal flexibility for investors or owner-occupants. All units are in solid condition with updated mechanicals and a clean, functional layout. On-site laundry includes coin-operated washer/dryer for added convenience and income. The property sits on a shared common driveway and offers excellent parking access. For buyers looking to expand their portfolio, the adjacent property at 1619 N 35th Ave is also available and includes a 2-car garage, making this a rare package deal opportunity with additional income and development potential. Whether you're looking for steady rental income, future value appreciation, or a package deal in a prime rental market, this investment checks all the boxes. An IL licensed real estate broker has an ownership interest in the LLC that owns the property.
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1617 N 35th Avenue Facts & Features
- Type Multi-Family
Details
General
School Information
- School District: 209
Income/Expenses
- Gross Income: 54240
- Net Operating Income: 30450
Building Information
- New Construction: No
- Year Built: 1971
Location/Region
- County Or Parish: Cook
- MLS Area Major: Melrose Park
- Township: Leyden
Tax Information
- Tax Annual Amount: $11,879.09
- Tax Year: 2024
General Information
- Ownership: Fee Simple
- Parcel Number: 15041210660000
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Half Baths Building: 2
Beds/Baths
- Bathrooms Total: 5
- Bedrooms Total: 8
- Bedrooms Possible: 8
- Full Baths Building: 3
General Information
- Basement: Unfinished, Partial
- Foundation Details: Concrete Perimeter
- Heating: Natural Gas, Forced Air
- Rooms Total: 14
Exterior
Parking Information
- Parking Features: Assigned, Yes, Owned
- Parking Total: 3
Lot Information
- Additional Parcels: No
- Lot Size Dimensions: 40X120
- Water Source: Lake Michigan
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Brick
- Roof: Asphalt
General Information
- Sewer: Public Sewer
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Actual Rent: 1550
- Beds Total: 3
- Baths Total: 2
Unit 2 Details
- Unit Type: Unit 2
- Actual Rent: 1370
- Beds Total: 3
- Baths Total: 2
Unit 3 Details
- Unit Type: Unit 3
- Actual Rent: 1600
- Beds Total: 2
- Baths Total: 1
1617 N 35th Avenue Neighborhood
Community
60160 (MELROSE PARK) Demographics
34
Median Age
5,702
Population Density (per sq. mile)
21%
College Educated
$53,731
Estimated Median Income
3,986
Estimated Total Home Owners
3,854
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1617 N 35th Avenue Monthly Cost
1617 N 35th Avenue Market Data
Based on the last 30 days in this zip code
$358,572
Average List Price
$222
Average Price per Square Foot
7
Properties Sold
35
Average Days on Market
18
Properties for Sale
1617 N 35th Avenue History
| Date | Value | Agent |
|---|---|---|
| 6/26/2026Source: MRED | Pending |
|
| 6/18/2026Source: MRED | Active |
|
| 6/12/2026Source: MRED | June 12, 2026 |
|
| 6/8/2026Source: MRED | Active |
|
| 6/3/2026Source: MRED | June 03, 2026 |
|
| 6/20/2022Source: MRED | January 27, 2022 |