See Home Value
Melrose Park 60160
1723 North 25TH Avenue
$694,735*
Commercial - Off Market

1723 North 25TH Avenue

Melrose Park, IL 60160
bedrooms
Studio
bathrooms
0 Bath
$482,000 - $588,000
Reference Base Price*
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

ATTENTION INVESTORS! HUGE PRICE REDUCTION!!!!  WELL MAINTAINED 12,000 SF OFFICE/WAREHOUSE BLDG. WITH LARGE PARKING LOT & 16 SPACES INCLUDED WITH PURCHASE.  OFFICE WITH 8 INDIVIDUAL OFFICES, NEWER H.V.A.C., NEWER CARPETING, CERAMIC LOBBY, KITCHEN, 5 WASHROOMS AND CONFERENCE ROOM. 3 PHASE 480 AMPS IN BOTH SIDES OF BUILDING. 2 DRIVE IN DOORS. GREAT LOCATION AND EXPOSURE! EASY ACCESS TO 25TH AVE BRIDGE. 2 BLOCKS SOUTH OF NORTH AVE. PARKING LOT HAS A SEPARATE PIN NUMBER AND TAXES. MULTIPLE PINS. TWO  6,000 SF LONG TERM TENANTS. NORTH 1/2 HAS 10 YEARS LEFT ON LEASE. SOUTH 1/2 HAS 5 YEARS LEFT ON LEASE.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Aug 20, 2021 Sold $482,000
Sold
Jan 19, 2021 No longer available -
No longer available
Jan 17, 2021 Price Increased $535,000
↑ $50K (10.3%)
Price Increased
Mar 8, 2020 Relisted $485,000
Relisted
Mar 7, 2020 No longer available -
No longer available
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,000 ft²
$143/ft²
$429,999 Dec 10, 2022
-
-
Multifamily
8 Beds
-
-
$445,000 Jun 29, 2022
-
$804/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210119
01/19/2021
Loft
-
-
$535,000
bedrooms
Loft
bathrooms
-
$482,000 -9.91%
08/20/2021
-
Albert Presco
GMC Realty LTD
20190820
08/20/2019
Studio
-
-
$7
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

1723 North 25th Avenue 1723 North 25th Avenue, Melrose Park, IL 60160
More about this Building
1723 North 25th Avenue
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About Melrose Park


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