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Highlights

  • Pet Friendly

Location

1550 N 1st Ave #1E, Melrose Park, IL 60160, USA

Tour 1550 N 1st Ave #1E

Contact

Rudy Yanez

Forte Properties, Inc

(708) 729-6291

Amenities for 1550 N 1st Ave #1E

Building

Cats OKDogs OK

Grounds

Assigned Parking

Other

Dogs OK Up to 25 Pounds
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About 1550 N 1st Ave #1E

HomeApartments in Melrose Park 1550 N 1st Ave #1E, Melrose Park, IL 60160, USA

Welcome to this lovely two-bedroom apartment in Melrose Park. This unit has been freshly painted with a modern color scheme and is ready for move in. This apartment features free heat and hot water, and the only bill a tenant pays is electricity. This unit has one assigned parking spot. You'll also enjoy being close to local shops, restaurants, parks, and entertainment options along the vibrant North Avenue corridor. Rental requirements include a minimum credit score of 620, a monthly income of at least three times the rent, and a clean credit and rental history. Don’t miss the opportunity to make this lovely apartment your new home! Contact us today to schedule a viewing. Hablamos Español. Parking


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 1550 N 1st Ave, Melrose Park, IL 60160, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Images available
There are at least 10 photos of this address

Address details

Zip code60160
TypeApartment for rent

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Rent trends in Melrose Park

2-bedroom apartments at 1550 N 1st Ave #1E cost about 22% less than the average rent price for 2-bedroom apartments in Melrose Park.

Median rents as of Nov 7 2026.
Melrose Park
A table of 2-bedroom apartment rental data trends in Melrose Park
MonthMedian Rent
November 2024$1,400
December 2024$1,415
January 2025$1,441
February 2025$1,433
March 2025$1,549
April 2025$1,522
May 2025$1,633
June 2025$1,540
July 2025$1,411
August 2025$1,495
September 2025$1,590
October 2025$1,392
November 2025$1,450
December 2025$1,455
January 2026$1,473
February 2026$1,455
March 2026$1,450
April 2026$1,500
May 2026$1,655
June 2026$1,681
July 2026$1,678
August 2026$1,687
September 2026$1,725
October 2026$1,725
November 2026$1,725

Affordability calculator

Can I afford to live at 1550 N 1st Ave #1E?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$54,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,000 annually to afford this 2-bedrooms monthly rent price of $1,350.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1550 N 1st Ave, Melrose Park, IL.
Last month$1,3502 bed1 bath
7 months ago$1,0951 bed1 bath
4 years ago$1,1502 bed1 bath
4 years ago$1,1502 bed1 bath
2 Beds, 1 Bath4 years ago$1,1002 bed1 bath
4 years ago$9501 bed1 bath
5 years ago$9501 bed1 bath

Schools near 1550 N 1st Ave #1E

Jane Addams Elementary School

910 division st

melrose park, IL, 60160

PK, K-5Public
B-

Rhodes Elementary School

8931 fullerton ave

river grove, IL, 60171

PK, K-8Public
C

River Grove Elementary School

2650 thatcher ave

river grove, IL, 60171

PK, K-8Public
B

Lindop Elementary School

2400 s 18th ave

broadview, IL, 60155

PK, K-8Public
C+

Komarek Elementary School

8940 w 24th st

north riverside, IL, 60546

PK, K-8Public
B
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Getting around Melrose Park near 1550 N 1st Ave #1E

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 1550 N 1st Ave #1E, Melrose Park

Groceries

7/10
Wide variety of groceries within a short drive, including some within walking distance

Shopping

7/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

7/10
Wide variety of restaurants within a short drive, including some within walking distance

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

4/10
At least one high school within a 30-minute walk

Parks

10/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

6/10
Wide variety of bars within a short drive, including some within walking distance

Other units at this address

1550 N 1st Ave Melrose Park, IL

Occupied

GW

1 Bed

1 Bath

$950

Days on market: 1906
Newly rehabbed 1 bedroom garden unit in Melrose Park. Nice kitchen w new cabinets and appliances, tile floors...Rent includes HEAT and Parking Text or email with questions or showing requests @ 773 704 7376 Melrose Park, IL 60160. This property was built in 1962. Comparable nearby homes include 1601 N 76th Ct #506, 1535 Forest Ave Unit 202, and 7912 W North Ave #606. Nearby schools include Jane Addams Elementary School, Grace Montessori School and Dominican University Graduate School of Library & Information Science. The closest grocery stores are Jewel-Osco, Supermercado Oriente and Aldi. Nearby coffee shops include McDonald's, Lacey's Place and Dunkin' Donuts. Nearby restaurants include New China Buffet, SUBWAY® Restaurants and Versatile Soul Food Cafe. 1500 N 1st Ave #2 is near Bataan Park, Bulger Park and Melrose Park Athletic Field. This address can also be written as 1500 North 1st Avenue Apartment 2, Melrose Park, Illinois 60160.

Occupied

G

1 Bed

1 Bath

$1,025

Listed by Laura Smith
Days on market: 1397
***HEAT INCL / 1 BDRM / TENANT PAYS ELECTRIC ONLY / 1 EXTERIOR PARKING SPACES / APPL INCL*** - 1 bedroom - 1 bath - ceramic tiling throughout - appliances included - heat included - tenant pays electric only - 1 exterior parking space included - cat friendly, sorry no dogs - walk to bus, grocery store and more - apply now to be pre-approved The non-refundable application fee is $60 per adult 18 and over. Renters Insurance is required to move in. All approved applicants will have a $150.00 lease administrative fee added to your total move in funds required. This fee will not go towards any other deposits, move in fees, or rent. Qualified tenants will pay first month's rent & security deposit equal one month's rent to move in. Less than qualified may be approved but with extra requirements. Pet fees will apply if applicable. All internet/cable install, and monthly charges paid by the resident. he non-refundable application fee is $60 per adult 18 and over. Renters Insurance is required to move in. All approved applicants will have a $150.00 lease administrative fee added to your total move in funds required. This fee will not go towards any other deposits, move in fees, or rent. Qualified tenants will pay first month's rent & security deposit equal one month's rent to move in. Less than qualified may be approved but with extra requirements. Pet fees will apply if applicable. All internet/cable install, and monthly charges paid by the resident. No lease will end in January, all leases will be extended to Feb 2024. Appliances Incl Cat Friendly Counter Microwave Garbage Lawn Care Oven/Stove Parking Incl Professionally Managed Snow Removal Tenant Pays Only Electric Water/Sewer

Occupied

Unit G

1 Bed

1 Bath

$1,025

Listed by Laura Smith
Days on market: 1394
SCHEDULE A SHOWING ONLINE AT: http showmojo com lre 3e2f5b1052 HEAT INCL / 1 BDRM / TENANT PAYS ELECTRIC ONLY / 1 EXTERIOR PARKING SPACES / APPL INCL- 1 bedroom - 1 bath- ceramic tiling throughout - appliances included - heat included- tenant pays electric only- 1 exterior parking space included- cat friendly, sorry no dogs- walk to bus, grocery store and more- apply now to be pre-approvedThe non-refundable application fee is $60 per adult 18 and over. Renters Insurance is required to move in. All approved applicants will have a $150.00 lease administrative fee added to your total move in funds required. This fee will not go towards any other deposits, move in fees, or rent. Qualified tenants will pay first month's rent & security deposit equal one month's rent to move in. Less than qualified may be approved but with extra requirements. Pet fees will apply if applicable. All internet/cable install, and monthly charges paid by the resident. he non-refundable application fee is $60 per adult 18 and over. Renters Insurance is required to move in. All approved applicants will have a $150.00 lease administrative fee added to your total move in funds required. This fee will not go towards any other deposits, move in fees, or rent. Qualified tenants will pay first month's rent & security deposit equal one month's rent to move in. Less than qualified may be approved but with extra requirements. Pet fees will apply if applicable. All internet/cable install, and monthly charges paid by the resident. No lease will end in January, all leases will be extended to Feb 2024. Appliances InclCat FriendlyCounter MicrowaveGarbageLawn CareOven/StoveParking InclProfessionally ManagedSnow RemovalTenant Pays Only ElectricWater/Sewer

Occupied

GW

1 Bed

1 Bath

$1,095

Listed by Rudy Yanez
Days on market: 225
Welcome home to this bright and inviting one-bedroom apartment in Melrose Park! Freshly painted in a modern, stylish color palette, this unit is move-in ready and designed to feel warm and comfortable from the moment you walk in. Enjoy the convenience of free heat and hot water, keeping your monthly expenses simple—tenants only pay electric for lights and AC. The apartment also includes one assigned parking space, making daily living that much easier. Located just minutes from the lively North Avenue corridor, you’ll love being close to a variety of shops, restaurants, parks, and entertainment options, giving you plenty to explore right in your neighborhood. Rental Requirements: Minimum 620 credit score Monthly income of at least 3x the rent Clean credit and rental history This is a wonderful place to call home—don’t miss out! Schedule your showing today! ¡Hablamos Español! Parking

Occupied

2W

2 Beds

1 Bath

$1,150

Listed by Laura Smith
Days on market: 1612
---- SCHEDULE A SHOWING ONLINE AT: http showmojo com lt 9b182ec0cf ---- ***2 BDRM / 1 BTH / APPL INCL / HEAT INCL / TENANT PAYS ELECTRIC ONLY*** - 2 bedrooms - 1 bath - appliances included - heat included - tenant pays electric only - 2 exterior parking spaces included - cat friendly, sorry no dogs - walk to bus, grocery store and more - apply now to be pre-approved - additional pics coming soon Flex Deposit gives you the freedom and flexibility to move into your condo with more money in your pocket. Instead of paying a full security deposit, you can choose to buy the Flex Deposit bond for a fraction of the cost. Ask your showing agent for more details. The application fee is $60 per adult 18 and over. Renters Insurance is required to move in. All approved applicants will have a $150.00 lease administrative fee added to your total move in funds required. This fee will not go towards any other deposits, move in fees, or rent. Qualified tenants will pay first months rent & security deposit equal one months rent to move in. Less then qualified may be approved but with extra requirements. Pet fees will apply if applicable. 2 Bedrooms Appliances Included Cat Friendly Parking Incl Professionally Managed Tenant Pays Only Electric

Occupied

Apt 2w

2 Beds

1 Bath

$1,150

Listed by Laura Smith
Days on market: 1612
SCHEDULE A SHOWING ONLINE AT: http showmojo com lre 9b182ec0cf 2 BDRM / 1 BTH / APPL INCL / HEAT INCL / TENANT PAYS ELECTRIC ONLY- 2 bedrooms- 1 bath- appliances included- heat included- tenant pays electric only- 2 exterior parking spaces included- cat friendly, sorry no dogs- walk to bus, grocery store and more- apply now to be pre-approved- additional pics coming soonFlex Deposit gives you the freedom and flexibility to move into your condo with more money in your pocket. Instead of paying a full security deposit, you can choose to buy the Flex Deposit bond for a fraction of the cost. Ask your showing agent for more details. The application fee is $60 per adult 18 and over. Renters Insurance is required to move in. All approved applicants will have a $150.00 lease administrative fee added to your total move in funds required. This fee will not go towards any other deposits, move in fees, or rent. Qualified tenants will pay first months rent & security deposit equal one months rent to move in. Less then qualified may be approved but with extra requirements. Pet fees will apply if applicable.2 BedroomsAppliances IncludedCat FriendlyParking InclProfessionally ManagedTenant Pays Only Electric

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