REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 415,000
Est. payment | /mo
4 Beds
2 Baths
$ 415,000
Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12326797
Bedrooms 4
Year Built 1946
Annual Tax Amount $5,977
Tax Year 2023
Lot Dimensions 3300`
Property Sub-Type Two to Four Units
Property Description
Turnkey 2-Unit in Melrose Park - Fully Renovated in 2025, Fully Vacant, and Ready to Go Welcome to 1005 N 22nd Ave, a rare opportunity to own a completely updated two-flat offering modern finishes, strong rental potential, and flexibility for a variety of buyers. Whether you're an investor looking for reliable cash flow, a multi-generational household, or a buyer planning to lower your mortgage with rental income, this property delivers. Fully renovated in 2025, each unit features 2 bedrooms and 1 bathroom, with updated kitchens showcasing quartz countertops, stainless steel appliances, and sleek, contemporary design. Major systems have been replaced, including brand-new high-efficiency central heat and air, updated plumbing, and separate utilities (shared water). Additional highlights include: * Siding replaced in 2017 * Shared laundry area * Durable slab foundation for low maintenance * Both units are vacant and move-in ready * Private driveway fits up to 4 cars Located near shopping, dining, schools, and public transportation, this property blends comfort, convenience, and strong income potential. Live in one unit and rent the other, or rent both for maximum return-opportunities like this are rare. Agent has interest.
Location
State IL
County Cook
Area Melrose Park
Rooms
Basement None
Interior
Heating Natural Gas
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 89 , 89, 209
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Carmen Salerno • Compass
GET MORE INFORMATION
Sanjay Marathe
REALTOR® | Lic# 475168373