Melrose Park is a vibrant village located in Cook County, Illinois, known for its diverse community and rich cultural heritage. With easy access to Chicago and numerous amenities, Melrose Park offers a balanced lifestyle that combines the hustle of urban living with the comforts of suburban life. This article explores the best residential areas in Melrose Park, highlighting their unique characteristics, available housing options, and average prices.
Table of Contents
Downtown Melrose Park
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Downtown Melrose Park serves as the commercial hub and offers a blend of residential and business spaces. It's perfect for those who enjoy being within walking distance to shops, restaurants, and public services.
Characteristics of the Downtown Melrose Park
* Culture: Rich in local art, cafes, and multicultural restaurants.
* Transportation: Highly accessible via public transportation including the Metra rail line.
* Services: Grocery stores, banks, parks, medical facilities, and various shops.
* Environment: Lively with a mix of families, young professionals, and retirees.
Housing Options in the Downtown Melrose Park
Condos, Apartments, Single-family homes.
Average Home Prices in the Downtown Melrose Park
* Buying: $150,000 – $250,000
* Renting: $1,000 – $1,800/month
North Melrose Park
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Known for its suburban feel, North Melrose Park offers quiet streets and family-friendly neighborhoods. This area is ideal for families seeking spacious homes and a community atmosphere.
Characteristics of the North Melrose Park
* Culture: Family-oriented, with community events and recreational activities.
* Transportation: Well-connected by main roads; public transport options available.
* Services: Schools, playgrounds, community centers, and local shops.
* Environment: Quiet, friendly, with a strong sense of community.
Housing Options in the North Melrose Park
Single-family homes, Townhouses.
Average Home Prices in the North Melrose Park
* Buying: $200,000 – $350,000
* Renting: $1,300 – $2,200/month
South Melrose Park
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South Melrose Park is characterized by its diverse housing options and mixed-use spaces. This area features both residential buildings and commercial establishments, providing a diverse lifestyle.
Characteristics of the South Melrose Park
* Culture: Diverse community with various cultural influences and dining options.
* Transportation: Easy access to nearby expressways and public transport.
* Services: Variety of restaurants, shops, and healthcare facilities.
* Environment: Dynamic and energetic with a mix of business and residential life.
Housing Options in the South Melrose Park
Multiplexes, Apartments, Single-family homes.
Average Home Prices in the South Melrose Park
* Buying: $170,000 – $280,000
* Renting: $1,100 – $2,000/month
Melrose Park West
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Melrose Park West offers a blend of residential spaces and green parks. It's perfect for nature lovers looking for a calm environment while still being close to city amenities.
Characteristics of the Melrose Park West
* Culture: Nature-oriented with local parks and outdoor events.
* Transportation: Car recommended; public transport options are limited.
* Services: Parks, recreation centers, and a few local shops.
* Environment: Calm and peaceful, with a focus on outdoor activities.
Housing Options in the Melrose Park West
Single-family homes, Ranch-style homes.
Average Home Prices in the Melrose Park West
* Buying: $210,000 – $350,000
* Renting: $1,200 – $2,100/month
Franklin Park Nearby
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This area borders Melrose Park and provides additional residential options with easy access to both Franklin Park and Melrose Park amenities. It's perfect for those looking for more suburban living while staying close to urban conveniences.
Characteristics of the Franklin Park Nearby
* Culture: Blend of suburban and urban influences with community gatherings.
* Transportation: Access to public transport and nearby expressways.
* Services: Grocery stores, shopping centers, and schools nearby.
* Environment: Family-friendly, relaxed, and community-oriented.
Housing Options in the Franklin Park Nearby
Duplexes, Single-family homes.
Average Home Prices in the Franklin Park Nearby
* Buying: $190,000 – $330,000
* Renting: $1,000 – $1,800/month
Elmwood Park Proximity
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Situated near Elmwood Park, this area offers well-maintained homes in a quiet neighborhood that is popular among families and professionals alike. It combines suburban charm with easy travel to the city.
Characteristics of the Elmwood Park Proximity
* Culture: Welcoming community with local events and activities.
* Transportation: Close to public transport and major roadways.
* Services: Local parks, schools, and small businesses.
* Environment: Family-oriented, peaceful, and friendly.
Housing Options in the Elmwood Park Proximity
Single-family homes, Townhouses.
Average Home Prices in the Elmwood Park Proximity
* Buying: $220,000 – $360,000
* Renting: $1,400 – $2,300/month
Frequently Asked Questions About the Best Residential Areas in Melrose Park:
The best residential areas in Melrose Park include Downtown Melrose Park, North Melrose Park, South Melrose Park, Melrose Park West, Franklin Park Nearby, and Elmwood Park Proximity.
North Melrose Park is known for its family-friendly atmosphere, spacious homes, and community orientation.
Average home prices in Melrose Park range from $150,000 to $360,000 depending on the area and type of housing.
Downtown Melrose Park and South Melrose Park offer more affordable rental options for families and individuals.
Melrose Park provides residents with various amenities including shops, restaurants, parks, and healthcare facilities.
Yes, Melrose Park has public transportation options including Metra trains and bus services that connect to Chicago.
Downtown Melrose Park has the best access to public transport and major highways.
The average rent for a two-bedroom apartment in Melrose Park ranges from $1,100 to $2,000 per month.
Yes, Melrose Park offers several parks and recreational activities, especially in the Melrose Park West area.
Downtown Melrose Park is ideal for young professionals due to its vibrant atmosphere, accessibility, and variety of services.
Conclusion on the Best Residential Areas in Melrose Park:
Melrose Park, IL presents a unique residential landscape with its range of neighborhood types catering to various lifestyles. From the vibrant atmosphere of Downtown to the peaceful family-oriented North Melrose Park and surrounding areas, residents can enjoy a balanced lifestyle with proximity to both urban amenities and suburban comforts. Whether you prioritize access to public transportation, community involvement, or recreational spaces, Melrose Park has something for everyone. Choosing the right neighborhood will depend on your individual preferences, and the investment in this community promises a rich and fulfilling experience.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.