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Melrose Park IL Real Estate & Commercial for Sale

10 Properties Found

The median home value in Melrose Park, IL is $222,500. This is lower than the county median home value of $267,250. The national median home value is $277,796. The average price of homes sold in Melrose Park, IL is $222,500. Approximately 47% of Melrose Park homes are owned, compared to 46% rented, while 7% are vacant. Melrose Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Melrose Park real estate agent to arrange a tour today!
Learn more about Melrose Park.


1–10 of 10 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11485188
Type:
Mixed Use
Year built:
1918
A broker reciprocity listing Courtesy: Landmark Realtors
View additional info

FULLY LEASED! PRIME LOCATION! The property located right at downtown of Melrose Park with easy and free street parking. This two story building features 2 first-floor retail suites, 1 second floor retail suite, 2 second floor apartment units and rear 9-space surface parking lot. The first-floor suites have individual gas furnaces and ground mounted condensers for heating and cooling. The second-floor retail suite and apartment units are heated via a new central boiler and cooled via tenant supplied window AC units. The owners spent more than hundred thousands to improve and renovate this mixed-use property in 2020-2021. Work completed includes new windows at rear of residential units, new gutters and downspouts, new roof covering on flat portion of roof, tuckpointing and exterior painting, new vinyl siding by storefronts, electrical upgrades, installation of security cameras, new boiler and hot water tank, 2 new furnaces and one new condenser unit for first-floor retail tenants, added demising wall between first floor retail suites (was previously utilized by one tenant), and complete remodel of the La Clinic retail suite including adding a private bathroom. Also, the spacious basement is a plus and ready for your ideas. The hair salon on the 2nd floor is owned and operated by the owner that can generate more income. Low property tax! You have nothing to do but collect monthly rent. AS-IS Sale.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11484236
Type:
Other
Year built:
1961
A broker reciprocity listing Courtesy: Stonetrust Realty Group, Inc.
View additional info

Great Location - Free Standing - All Brick - 6 Unit Building - Very Easy To Rent. This 6 unit building has 5 Two bedroom units and 1 One bedroom Unit. Building Comes With 9 Parking Spots. Roof is 7 years old and the boiler is 15 years old. Two coin operated washers and Two coin operated dryers which bring in an additional $250 per month. Rents could be much higher since the seller pays heat and water. Units in average condition. Long time ownership.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11443055
Type:
Other
Year built:
1925
A broker reciprocity listing Courtesy: RE/MAX At Home
View additional info

Prime location in MELROSE PARK. Corner of Lake street and 33rd ave. Located on a stoplight, bus stop corner. A turn key operation for a used car lot, or bring your new ideas. 1800 square foot building with several offices, 2 washrooms, drive in door to detailing work shop area. Land is approximately 162' Lake street frontage by 135' deep. Yes, finally the new 25th Ave bridge south of Lake Street is now open to enhance this location.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11410958
Type:
Other
Year built:
1975
A broker reciprocity listing Courtesy: Keller Williams ONEChicago
View additional info

This is a corner 15,112 SF retail lot consisting with a 1,756 SF building located on Grand Avenue in Franklin Park IL. There is currently parking for 15 cars however, there is an empty lot behind the building that can be used for additional parking or to redevelop the site. This property is a corner retail property located on Grand Avenue just west of Mannheim Road in Franklin Park. The site has been the home of an auto stereo shop for the past 25 years. There is parking for 15 vehicles in front of the 1,756 SF building but the is a lot behind the building that can be used as additional parking or used to redevelop the site. The traffic counts is 31,500 VPD

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11389941
Type:
Mixed Use
Year built:
1977
A broker reciprocity listing Courtesy: Mon Ami Residential
View additional info

Mixed Use 5,880 SF property in excellent Melrose Park location. Adjacent vacant lot next door included for a total lot size of 105x126'. The 2750 SF commercial space is fully built out as a medical office. It is currently listed for lease at $17 SF/YR. The second floor features 2 residential units with separate entrances for each. Front unit is a newly renovated 2 bed 1 bath with new luxury vinyl floors, fresh paint, new SS appliances, and an open layout with a spacious living & dining area. Approximately 1400sqft per unit, plus a private balcony, central air, and separate utilities. Unit 2 is currently available for rent at $1500/mo. Unit 3 is in mostly original condition with long term tenants in place. Signage increases property's visibility. Very easy street parking directly outside for customers plus private gated exterior parking. Excellent Melrose Park location within close proximity to Lake Street, Expressways, Metra Station just 1 block away, Westlake Hospital, Menards, Target, and much more.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11383228
Type:
Mixed Use
Year built:
1933
A broker reciprocity listing Courtesy: Keller Williams Success Realty
View additional info

***LET'S TALK ABOUT THIS HUGE POTENTIAL INVESTMENT PROPERTY THAT IS THE HEART OF THIS AMAZING TOWN!*** Not only is this location great, but this property sits on a massive lot. This beauty has 3 large apartments -tons of parking spaces with a 4 car garage. The potential here is endless, whether you decide to tear it down for a blank canvas or put your "own spin on it"- the mixed use development has plenty of opportunity. The restaurant is practically turn key ready! Financials are required to show.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11379955
Type:
Other
Year built:
1966
A broker reciprocity listing Courtesy: eXp Realty LLC
View additional info

West Leyden school district. Beautiful Brick 12 Flat. 8 apartments with 2 bedrooms, 1 bath, and 4 apartments with 1 Bedroom and 1 bath. Cement driveway, Parking lot in great condition. Hot water tank less than one year. Property sold as is. ** There are no leases, all are on a month to month.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11319829
Type:
Mixed Use
Year built:
1890
A broker reciprocity listing Courtesy: RE/MAX 1st Service
View additional info

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 12 YEARS "EL JIRABITO". BUSINESS INCLUDED IN THE PRICE WITH 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!!!!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
11221473
Type:
Other
Lot size:
0.07 Acres
Year built:
1941
A broker reciprocity listing Courtesy: Keller Williams Infinity
View additional info

6,000 square foot two-story medical office building for sale in a great Melrose Park location. 3,000 square foot main floor was formerly a medical office and contains 6 exam rooms and 4 offices. 3,000 square foot second floor was formerly a dental office. Building features a partial basement that is perfect for equipment installation and general storage with an anti-flood valve. Located in a busy retail corridor with a wide variety of retail businesses and professional offices. Easily accessible to public transportation and close to Pace #303, 309, 313 bus routes and 0.2 miles to Metra UP-W Melrose Park station. Floor plans of both levels are attached.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
10645310
Type:
Industrial
Lot size:
0.25 Acres
Year built:
1974
A broker reciprocity listing Courtesy: RCI Real Estate Group
View additional info

16,800 Sq.Ft. 2 story, SOLID Building located near O'Hare. 3 Elec. services, 800 Amp, 200 Amp, 200 Amp, 3 phase. Ceiling heights of 9', 11' and 14' in various areas. This building was USDA approved for wholesale/retail pasta mfg prior to business moving. Excellent location for Food Service/Mfg./Distribution + storage & offices. Freezers & coolers. Land site is 19,502 Sq. Ft. Corner lot on Main Thoroughfare. Parking for approx. 37 vehicles. Employees lunch area Plus Mens & Womens' Locker rm. & lavatory facility Freight only elevator. Overhead doors accessible main floor & 2nd story also.Possible Banquet Hall, Catering, Brewery with food. Just about ready to go for the RIGHT BUSINESS PLAN. 1 working roof top HVAC unit. 2 un-used, Al-is. Boiler for heating mfg equipment. 2nd Tax ID# 12-30-223-001. WAS USDA approved when business was occupying. Just minuites from I390 and Expressways in all directions. about 2 miles from O'Hare Int'l Airport. New ramp in near future.

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Listings courtesy of APPLICABLE MLS as distributed by MLS GRID

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