Melrose Park IL Commercial for Sale
$1,050,000
1660 N 1st Avenue Melrose Park, IL 60160
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 12257813
View additional info
Courtesy: Skydan Real Estate Sales, LLC
708-450-0110
ADDITIONAL INFORMATION
Well maintained 10 unit 2 story brick California style building. All units are 4 room/1 bedroom/ 1 bath, fully rented, ceramic tile floors in kitchens, baths, hallway. Great location and easy to rent. Low Taxes, Short distance to shopping and expressway.
$1,050,000
1650 N 1st Avenue Melrose Park, IL 60160
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1965
- Baths:
- MLS#:
- 12257811
View additional info
Courtesy: Skydan Real Estate Sales, LLC
708-450-0110
ADDITIONAL INFORMATION
Well maintained 10 unit 2 story brick California style building. All units are 4 room/1 bedroom/ 1 bath, fully rented, ceramic tile floors in kitchens, baths, hallway. Great location and easy to rent. Low Taxes, Short distance to shopping and expressway.
- Type:
- General Commercial
- Sq.Ft.:
- 5,655
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.05 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- 12213110
View additional info
Courtesy: Chase Real Estate LLC
630-527-0095
ADDITIONAL INFORMATION
Absolutely fabulous turn key 6 unit with tenants in ALL units! All are 2 bedrooms except for one of the garden level units. Photos and 3-D tour are current as of 11/18. 4 of the units are recently rehabbed. All units are rented and bringing in exceptional rents. Financials below are based off of the 2023 full year. Rents have gone up $2600 per month since units were rehabbed.
$2,500,000
4817 W Lake Street Melrose Park, IL 60160
- Type:
- Business Opportunities
- Sq.Ft.:
- 22,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.06 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- 12073505
View additional info
Courtesy: Cambridge Realty LLC
312-919-3646
ADDITIONAL INFORMATION
Convenient to major transportation routes industrial building on 1.06 acre parcel. 19,500sf shop space with additional 2,700sf office space. Enclosed decked 20x34 shop storage provides additional work/storage, 30 vehicle parking. 2 fenced lots. 480v 3 phase power. Shop ceiling 13'-20' clear. 3 large drive-in doors. Energy efficient LED shop lighting. 8" thick shop floor to support heavy equipment. Office features 6 private office, conference & drafting rooms & large general office space w/reception area. Great location near I-294, I-290 & O'Hare Airport. Current owner use this space as the storage.
- Type:
- Other
- Sq.Ft.:
- 6,950
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 11978478
View additional info
Courtesy: Alexander Realty LLC
708-878-7213
ADDITIONAL INFORMATION
OPPORTUNITY KNOCKS! Discover an unparalleled investment opportunity in the heart of the bustling commercial district of unincorporated Melrose Park, Cook County. This fully leased strip mall is a true cash cow, strategically positioned on a highly trafficked, busy street boasting an extremely high vehicle count per day, ensuring constant visibility. Coupled with high foot traffic, it's a magnet for consistent consumer flow to its long-term tenants. Offering a solid 7 cap rate in an investor-friendly environment, this property not only promises attractive returns but also stands as a testament to stability and potential growth in a thriving market. Perfect for those seeking to expand their portfolio, this strip mall combines immediate cash flow with long-term value appreciation in a location that maximizes profitability and management ease. Seize this chance to anchor your investment in a vibrant community, reaping the benefits of Melrose Park's commercial vitality.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- 11970738
View additional info
Courtesy: RE/MAX 1st Service
708-675-1600
ADDITIONAL INFORMATION
ATTENTION: INVESTORS & RESTAURANT OWNERS. TAKE A LOOK AT THIS MIXED USE BUILDING LOCATED STEPS AWAY FROM THE MELROSE PARK METRA STOP AND ACROSS THE STREET FROM POLICE STATION. FIRST FLOOR IS A WELL ESTABLISHED BUSINESS FOR MORE THAN 13 YEARS "EL JIRABITO". BUSINESS INCLUDED IN THE PRICE WITHOUT INVENTORY. SECOND FLOOR HAS AN APARTMENT WITH 2 BEDROOMS, LIVING ROOM, KITCHEN , DINING ROOM. APARTMENT AND RESTAURANT HAS BEEN REMODELED IN 2020: KITCHEN REMODELED WITH NEW KITCHEN HOOD, KITCHEN SUPPRESSION SYSTEM, ELECTRIC, PLUMBING, HEATING, DUCK WORK, WALLS, A/C, HOT WATER TANK, FURNACE, KITCHEN CABINETS ON SECOND FLOOR, BATHROOMS WERE ALSO REMODELED. ROOF WAS DONE IN 2018. THE LOT ADJACENT IS NOT PART OF THE DEAL BUT OWNER IS RENTING FOR $1000 A MONTH EXTRA. NOW IT'S LIKE A MINI BAR AND ENTERTAINMENT AREA. IT'S A GREAT OPPORTUNITY. UNFORTUNATELY OWNER HAS TO MOVE OUT OF STATE. MAKE YOUR APPOINTMENT TODAY!!!!
© 2024 Midwest Real Estate Data LLC. All rights reserved. Listings courtesy of MRED MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of {{last updated}}.. 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. 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 [email protected]. 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.
Melrose Park Real Estate
The median home value in Melrose Park, IL is $315,000. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Melrose Park, IL is $315,000. Approximately 49.65% of Melrose Park homes are owned, compared to 43.02% rented, while 7.33% are vacant. Melrose Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melrose Park real estate agent to arrange a tour today!
Melrose Park, Illinois has a population of 25,417. Melrose Park is more family-centric than the surrounding county with 34.36% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Melrose Park, Illinois is $58,871. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Melrose Park is 33.9 years.
Melrose Park Weather
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.5 degrees. The average rainfall is approximately 38.1 inches per year, with 37.2 inches of snow per year.