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Listing provided courtesy of Chase Real Estate LLCMREDas Distributed by MLSGrid- MLS# 12540912MLS Provider

805 N 22nd AvenueMelrose Park, IL 60160

Commercial · 3 Beds · 5,655 Sq. ft. | 0.05 Acres
$869,700 Price Change

805 N 22nd Avenue Overview

Time on Site:
175 days
Visits:
6

Absolutely fabulous turn key 6 unit with tenants in all 6 units. All are 2 bedrooms except for one of the garden level units. Photos and 3-D tour are current as of 11/18. 4 of the units are recently refreshed. All units are rented and bringing in exceptional rents. Financials below are based off of the 2024 full year. Seller will replace the roof with an acceptable offer!

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805 N 22nd Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 5,655
  • Price/Sq.ft. $154
  • Lot 0.05 Acres

Details

General

Income/Expenses

  • Other Expense: 24108
  • Electric Expense: 20
  • Fuel Expense: 5605
  • Gross Income: 80961
  • Gross Scheduled Income: 94800
  • Insurance Expense: 5000
  • Maintenance Expense: 11845
  • Net Operating Income: 31014
  • Operating Expense: 63786
  • Trash Expense: 2527
  • Water Sewer Expense: 3215

Building Information

  • Year Built: 1961

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Melrose Park
  • Township: Proviso

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $13,580.79
  • Tax Year: 2023

General Information

  • Parcel Number: 15033510050000
  • Possible Use: Multi-Family
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 5655

General Information

  • Basement: Finished, Partial Exposure, Daylight
  • Cooling: None
  • Fireplaces Total: 0
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 2329
  • Lot Size Square Feet: 2329

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 6

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Beds Total: 2
  • Baths Total: 1
  • Units Total: 5

Unit 2 Details

  • Unit Type: Unit 2
  • Beds Total: 1
  • Baths Total: 1
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Beds Total: 0
  • Units Total: 0

Unit 4 Details

  • Unit Type: Unit 4
  • Beds Total: 0
  • Units Total: 0

Unit 5 Details

  • Unit Type: Unit 5
  • Beds Total: 0
  • Units Total: 0

Unit 6 Details

  • Unit Type: Unit 6
  • Beds Total: 0
  • Units Total: 0

Unit 7 Details

  • Unit Type: Unit 7
  • Beds Total: 0
  • Units Total: 0

805 N 22nd 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
Community data courtesy of LiveBy, Inc.

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.

805 N 22nd Avenue Monthly Cost

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$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

805 N 22nd 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
Calculations provided by Reliance Network

805 N 22nd Avenue History

Date Event Value Agent
6/25/2026Source: MRED Price Reduction
$869,700 -1.1%
6/25/2026Source: MRED Status Change
Price Change
2/19/2026Source: MRED Status Change
Active
2/14/2026Source: MRED Price Reduction
$879,700 -2.2%
2/14/2026Source: MRED Status Change
Price Change
2/13/2026Source: MRED Status Change
Re-activated
2/6/2026Source: MRED Status Change
Contingent
1/10/2026Source: MRED Status Change
Active
1/5/2026Source: MRED Added to Database
January 05, 2026