Multifamily Housing
1670 North 1st Avenue Melrose Park, IL 60160
Details & Description
Price: $509,000
    GREAT LOCATION : FREE STANDING HANDSOME BRICK & STONE BUILDING W/ TOTAL 6 UNITS ... FIVE-2 BEDROOM UNITS AND ONE-1 BEDROOM UNIT: BUILDING COMES WITH 9 PARKING SPOTS: 3 TENANTS PAYS EXTRA $40 /MONTH PER PARKING SPOT....FEW UNITS ARE UPDATED.......OWNED COIN OPERATED WASHER AND DRYER @ UTILITY ROOM FOR EXTRA INCOME. RENTS COULD BE MUCH MUCH HIGHER, SINCE THE RENT INCLUDES HEAT.... NEWER TUCK-POINTING.......... PRICE MAKE SENSE...
    Property ID:    275847
    Property URL: melqr.com/275847
    Generated:    04-25-24
    Listing Agents
    Kief Mkrdichian
    Century 21
    O: 773-465-4200
    M: 773-443-1919
    kief.mkrdichian@century21homes.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Illinois / Melrose Park / 60160 / 1670 North 1st Avenue

    1670 North 1st Avenue

    Melrose Park, IL 60160

    Listing ID: 275847
    Print Single-Page Version
    1670 North 1st Avenue Melrose Park, IL 60160 | for Sale | Photo 1
    Building Size: 7,000 SF
    Lot Size: 0.500 AC
    Land Size: 21,780 SF
    Building $/SF: $72.71
    Land $/SF: $23.37
    Price
    $509,000
    Description

    GREAT LOCATION : FREE STANDING HANDSOME BRICK & STONE BUILDING W/ TOTAL 6 UNITS ... FIVE-2 BEDROOM UNITS AND ONE-1 BEDROOM UNIT: BUILDING COMES WITH 9 PARKING SPOTS: 3 TENANTS PAYS EXTRA $40 /MONTH PER PARKING SPOT....FEW UNITS ARE UPDATED.......OWNED COIN OPERATED WASHER AND DRYER @ UTILITY ROOM FOR EXTRA INCOME. RENTS COULD BE MUCH MUCH HIGHER, SINCE THE RENT INCLUDES HEAT.... NEWER TUCK-POINTING.......... PRICE MAKE SENSE...

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment
    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Melrose Park Area Market Trends

    Listing Demographics for 1670 North 1st Avenue Melrose Park, IL 60160

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,211214,002631,056
    Population Median Age393938
    Population by Age0-9 Yrs1957 (12%)26688 (12%)82264 (13%)
    10-19 Yrs2177 (14%)26263 (12%)80880 (12%)
    20-29 Yrs1805 (11%)27300 (12%)81994 (12%)
    30-39 Yrs1889 (12%)30292 (14%)89783 (14%)
    40-49 Yrs2145 (14%)28916 (13%)85093 (13%)
    50-59 Yrs2024 (13%)29270 (13%)84057 (13%)
    60-69 Yrs1474 (9%)23913 (11%)69070 (10%)
    70+ Yrs1740 (11%)21359 (9%)57915 (9%)
    Median HH Income$68,979$66,600$59,690
    Total Household Income< 24K830 (16%)15292 (19%)45968 (21%)
    25-49K977 (19%)14638 (18%)46613 (21%)
    50-74K915 (18%)12713 (16%)36038 (16%)
    75-99K760 (15%)10568 (13%)28700 (13%)
    100-199K977 (19%)17706 (22%)46884 (21%)
    200K+586 (11%)6584 (8%)13231 (6%)
    Highest Education LevelNo Diploma18162114672459
    Diploma or GED287339691123927
    Some College16852834185996
    Assoc. Degree7571091931800
    Bachelors Degree16062650868557
    Higher Degree13742150945114
    Total Housing Units5,41684,669238,605
    --Owner-Occupied3,65949,562133,359
    --Renter-Occupied1,38527,93984,075
    Owner-Occupied Values< 100K228455710720
    100-199K11001547339348
    200-299K10781344344760
    300-399K427723921955
    400-499K14227087181
    500K+68461419396
    Total Working Age Population11,963171,482499,552
    In Work Force8,010114,366326,268
    Not In Work Force3,95357,117173,285
    Workforce Employed7,636107,420304,943
    Workforce Unemployed3746,85621,074
    Civlian Workforce8,010114,275326,017
    Military Workforce090251
    Total Households5,04577,501217,434
    Family Households3,62450,536146,582
    Non-Family Households1,42026,96570,852
    Married Couple2,70134,49195,884
    Other Family92316,04450,698
    Married w/Child1,31414,52440,614
    Single Male w/Child1371,7725,922
    Single Female w/Child3414,97616,156

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    DuPage County904,161+1916,924+101,010,323+21,034,039

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1670 North 1st Avenue in Melrose Park?
    The asking price for 1670 North 1st Avenue is $509,000
    What is the building size of this Multifamily property in Melrose Park, IL?
    The size of the building/unit at 1670 North 1st Avenue in Melrose Park is 7,000 square feet
    How much land does the Melrose Park, IL property at 1670 North 1st Avenue include?
    1670 North 1st Avenue in Melrose Park includes 0.500 acres of land
    What is the population within 1 mile of 1670 North 1st Avenue in Melrose Park?
    The population within 1 mile of 1670 North 1st Avenue Melrose Park, IL 60160 is 15,211 people.
    Who do I contact for questions about 1670 North 1st Avenue?
    You should contact the listing agent, Kief Mkrdichian, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    1670 North 1st Avenue, Melrose Park, IL CALL 1600 0.5
    1519 Bonnie Brae, River Forest, IL $1,650,000 10600 0.25
    7832 Madison St, River Forest, IL CALL 12000 -
    347 South Central Avenue, Chicago, IL $2,300,000 21350 -
    347 South Central Avenue, Chicago, IL $2,300,000 21350 -
    5223 West Washington Boulevard, Chicago, IL $2,000,000 14700 0.14
    4958 West Washington Boulevard, Chicago, IL $3,720,000 54000 -
    3615 North Lockwood Avenue, Chicago, IL $1,150,000 8100 -
    3131 Grove Avenue, Berwyn, IL $595,900 3850 0.14
    4439 West Van Buren Street, Chicago, IL $207,500 3090 0.07

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 6
    Chicago Midway International Airport (MDW) 9
    Chicago Rockford International Airport (RFD) 68
    Price
    $509,000
    Listing Agent
    Kief Mkrdichian - CRE Agent at Century 21

    Kief Mkrdichian

    Century 21

    CONTACT AGENT

    More listings from Kief Mkrdichian
    1670 North 1st Avenue
    Melrose Park, IL 60160
    Primary photo of 1670 North 1st Avenue, Melrose Park, IL
    Call for Price
    • Type Multifamily
    • Building SF 1,600
    • Lot AC 0.500
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Cleaning Company •
    Rivas Cleaning Service logo
    A clean, sanitized office is here!
    • Digital Media Services •
    View My Space logo
    Fly-overs, 3d walkthroughs, & more
    • Property Inspection •
    White Glove Building Inspections logo
    We find what you may have missed!
    • Cleaning Company •
    Melissa A Mop logo
    A clean, sanitized office is here!
    • Property Inspection •
    Home Inspection Star Inc logo
    We find what you may have missed!

    Share
    Other property types near Melrose Park, IL
     • Commercial Real Estate For Sale in Chicago, Il
     • Commercial Real Estate For Lease in Chicago, Il
     • Office Space For Sale in Chicago, Il
     • Office Space For Lease in Chicago, Il
     • Industrial Property For Sale in Chicago, Il
     • Industrial Property For Lease in Chicago, Il
     • Flex-Office-Warehouse Space For Sale in Chicago, Il
     • Flex-Office-Warehouse Space For Lease in Chicago, Il
     • Retail Space For Sale in Chicago, Il
     • Retail Space For Lease in Chicago, Il
     • Multifamily Housing For Sale in Chicago, Il
     • Specialty Real Estate For Sale in Chicago, Il
     • Specialty Real Estate For Lease in Chicago, Il
     • Health Care and Medical Properties For Sale in Chicago, Il
     • Health Care and Medical Properties For Lease in Chicago, Il
     • Commercial Land and Lots For Sale in Chicago, Il
     • Commercial Land and Lots For Lease in Chicago, Il