Courtesy: Berkshire Hathaway HomeServices American Heritage
847-364-6030
Incredible opportunity to own this one of a kind, multi-family property in the heart of Melrose Park! The property consists of five units; Two 3-bedroom units, Two 2-bedroom units, and one 1-bedroom unit. Located on 23rd Ave directly across from Our Lady of Mt Carmel Church. The property consists of three separate structures. Spacious units with below-market rents and month-to-month leases give new ownership the opportunity for rental growth in an area with high demand rental interest. Great location in Melrose Park with great investment potential.
Courtesy: Cambridge Realty LLC
312-919-3646
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.
Courtesy: Alexander Realty LLC
708-878-7213
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.
Courtesy: RE/MAX 1st Service
708-675-1600
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!!!!
Courtesy: Millennium Properties RE, Inc.
312-338-3000
Office/Retail building available on Broadway in Melrose Park. 1750 sq foot formerly occupied by an insurance company, ideal for any type of small office or retail. Parking in rear.
Melrose Park is located in Illinois. Melrose Park, Illinois has a population of 25,447. Melrose Park is more family-centric than the surrounding county with 36.86% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Melrose Park, Illinois is $47,925. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Melrose Park is 32.9 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 16.5 degrees. The average rainfall is approximately 38 inches per year, with 36.3 inches of snow per year.
