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 Details
Price:
$614,900
MLS #:
MRD12517872
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Neighborhood:
melrosepark
Listed Date:
Nov 14, 2025
Year Built:
1971
Schools
School District:
212
Interior
Heating
Natural Gas
Exterior
Community Features
Sidewalks, Street Lights, Street Paved
Construction Materials
Brick
Parking Features
Unassigned, Side Apron, Driveway, Yes
Parking Spots
6
Financial
Tax Year
2023
Taxes
$13,370
Listing Agent & Office
Richard Balauag
Citypoint Illinois LLC
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1933 N 18th Avenue
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