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Backup Offers

1507 N 16th Ave, Melrose Park, IL, 60160

$299,900

Home List Price

$3,561*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,050 SqFt
$286/SqFt
House

Location

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1507 N 16th Ave, Melrose Park$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage2 spaces
Year Built1970
HeatingNatural Gas
CoolingCentral Air
MLS #12215294
StatusAccepting Backup Offers
(Contingent)

About 1507 N 16th Ave

SORRY NO FHA OR VA OFFERS PER THE SELLER! This charming 3-bedroom, 2-bath brick home in Melrose Park is ready for you to move right in! With hardwood floors, a neutral color scheme, and clean white trim and doors, the space feels fresh and inviting. The kitchen features espresso cabinets, granite countertops, and stainless steel appliances. Downstairs, the lower level has durable vinyl flooring, making it an ideal space for entertaining. The property includes a two-car detached garage, and the cozy backyard requires minimal upkeep. Don't miss out on the chance to make this lovely house your new home! Please note, the sale is being conducted as-is by the seller, a company, and no survey will be provided.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 1,050 SqFt

Listing Office:

  • Office Name: Torg Realty Inc
  • Office Phone: (630) 816-6969
  • Listing Agent: Mary DeLaLeurs

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No

Virtual/3D Tour

  • Virtual Tour: 1507 N 16th Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North Avenue, West to 15th. West to Division South on 16th to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $286/SqFt

Tax Information:

  • Annual Amount: $4,205
  • Tax Year: 2019
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Housing Market Comparison

See how this home compares to others in Melrose Park, IL.

Med. Sold Price

$315K

Med. Price/SqFt

$203

Avg. Days On Market

19

# of Sold Homes

14

1507 N 16th Ave vs Melrose Park

11 DAYS ON ROCKET

-8 Days

$299,900

-$15.1K Less

$286/SqFt

+$83 More

KEY TAKEAWAY

This property is $15.1K less than the Median Sold Price and $83/SqFt more than other homes in Melrose Park, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12215294

Listing Office:

  • Office Name: Torg Realty Inc
  • Office Phone: (630) 816-6969
  • Listing Agent: Mary DeLaLeurs

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:15:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 09, 2014Home Sold
$90,500
May 04, 1999Home Sold
$156,000

Tax History

YEARPROP. TAXASSESSMENT
2019$4,205$12,971
2018$4,189$12,971
2017$4,327$13,706

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3489195
4
/10
  • Jane Addams Elementary School

  • 910 Division St

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-3489196
3
/10
  • Melrose Park Elementary School

  • 1715 W Lake St

  • 0.50 miles

  • Public District Grades PK-5

school-card-donut-3489197
6
/10
  • Lincoln Elementary School

  • 811 Chicago Ave

  • 0.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,285. Most Melrose Park, IL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1507 N 16th Ave

What is the listing price of this property?

The listing price of 1507 N 16th Ave property is $299,900.

What type of property is this?

The property 1507 N 16th Ave is a house located in Melrose Park, Illinois, 60160.

Is this property for sale now?

Accepting Backup Offers: 1507 N 16th Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2019 is $4,205 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 9, 2014 for $90,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1507 N 16th Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1507 N 16th Ave is 1,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1507 N 16th Ave is 1970.

Rocket Homes›Illinois›Cook County›Melrose Park›60160›1507 N 16th Ave

This home is located at 1507 N 16th Ave in Melrose Park, IL and zip code 60160. This 1,050 square foot home was built in 1970. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $299,900.

In November 2024, from all listings sold in Melrose Park, IL there were more than 2 sold above asking price, over 8 sold below and more than 4 were sold right at the asked price. In November 2024, listings were on the market for 19 days. During the same period, the median list price in this real estate market was $315,000.

From Rocket Homes Real Estate and based on county public records data.

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