Melrose Park can be a good place to buy property, but like any other location, it has its pros and cons. Here are a few:

Pros:
- Location: Melrose Park is located just 14 miles from downtown Chicago, which makes it an ideal location for those who want to enjoy the big city life without living in the heart of Chicago.
- Affordable housing: The cost of living in Melrose Park is lower than that of the Chicago metropolitan area, which means you can find more affordable housing options.
- Transportation: Melrose Park has a strong transportation infrastructure with easy access to major highways, making it easier to travel to other parts of Illinois and even further afield.
- Diverse population: The city is known for attracting people from many different backgrounds, making it a diverse and vibrant place to live.

Cons:
- Crime: Like many cities in the Chicagoland area, Melrose Park has a higher crime rate than many suburban areas in the region. Property buyers should do their due diligence and research the specific area they are interested in before making a purchase.
- Traffic: While transportation is a pro in Melrose Park, it can lead to traffic congestion during rush hour, which can be frustrating for commuters.
- Limited nightlife: While Melrose Park has its share of bars and restaurants, it may not be the ideal location for young adults who are looking for a more active nightlife scene.
- Property taxes: Illinois has some of the highest property taxes in the country, which can make the cost of ownership higher than in some other states.

Overall, Melrose Park can be an attractive option for those who want to be close to Chicago but also want to avoid the high costs of living in the city. However, as with any property investment, it's important to do your research, weigh the pros and cons, and make an informed decision.