Advertise
    Melrose Park, IL

    Melrose Park, IL Commercial Real Estate for Sale

    Notify Me
    List
    Map
    Bellwood, IL Maywood, IL Franklin Park, IL
    27 properties
    Sort:
    Melrose Park Warehouse Opportunity
    Updated: Mar 17
    Melrose Park Warehouse Opportunity

    4817 W Lake St, Melrose Park, IL 60160

    $1,750,000
    22,200 sqft
    Priced well‑below replacement cost at just under $79 per square foot.
    Vacant property suitable for owner use or lease‑up investment.
    Excellent location adjacent to a Union Pacific intermodal station and in proximity to Chicago O’Hare International Airport.
    Easy access to major interstates (I‑294 and I‑290) approximately 1.5 miles away.
    Warehouse space of approximately 22,200 square feet on 1.06 acres.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    4817 W Lake St, Melrose Park, IL 60160

    View Property Analytics

    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $116K
      Annual

    • Price @ 7% Cap

      $1.66M
      Suggested

    • Last Sold

      Dec 2021
      $646K

    • Property Type

      Industrial (General)
      Built 1985
    View Property Analytics
    Updated Commercial Space in Stone Park
    Updated: Apr 9
    Updated Commercial Space in Stone Park

    1544 N Mannheim Road, Stone Park, IL 60165

    $439,000
    2,000 sqft · 0.05 AC lot
    Prime location on a high‑traffic corridor with strong visibility and steady foot traffic.
    Turnkey, extensively updated, and carefully maintained commercial space.
    Approximately 2,000 square feet with a functional layout including 10 styling stations, 3 shampoo bowls, manicure/pedicure area, 2 restrooms, and a kitchen.
    Currently operating as a modern salon with updated finishes and a contemporary interior.
    Flexible space adaptable for various service‑driven businesses (salon, medical, professional, fitness, etc.).
    View details
    Repurposable Brick Community Building
    Repurposable Brick Community Building

    10515 Altgeld Street, Melrose Park, IL 60164

    $275,000
    0.30 AC lot

    Solid brick building on a large lot with 10' ceilings, 10 parking spaces, and R5 Residential zoning for flexible uses.

    View details
    Commercial Land in Melrose Park
    Commercial Land in Melrose Park

    1911 Rice Street, Melrose Park, IL 60160

    $499,900
    0.23 AC lot

    Commercial land available in Melrose Park, Illinois.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Melrose Park Land For Sale
    Melrose Park Land For Sale

    2305 N Mannheim Road, Melrose Park, IL 60164

    $1,100,000

    Commercial land available in Melrose Park, Illinois.

    View details
    Melrose Park Manufacturing Warehouse
    Melrose Park Manufacturing Warehouse

    1605 N 31st Ave, Melrose Park, IL 60160

    $850,000
    10,060 sqft

    10,060 SF manufacturing warehouse with two units.

    View details
    Melrose Park Warehouse Opportunity
    Melrose Park Warehouse Opportunity

    4817 W Lake St, Melrose Park, IL 60160

    $1,750,000
    22,200 sqft

    22,200 SF warehouse on 1.06 acres near O’Hare Airport.

    View details
    Vacant Office/Retail Storefront
    Vacant Office/Retail Storefront

    120 Broadway Ave, Melrose Park, IL 60160

    $199,000
    1,750 sqft

    Single-story storefront with rear parking, suited for small office or retail use near a Metra station.

    View details
    Warehouse in Industrial Area
    Warehouse in Industrial Area

    2074 George St, Melrose Park, IL

    $6,999,999
    30,000 sqft · 2.76 AC lot

    Warehouse in a mature industrial and commercial mixed area.

    View details
    High Visibility Commercial Land Available
    High Visibility Commercial Land Available

    101 East North Avenue, Northlake, IL 60164

    $1,300,000
    0.62 AC lot

    Prime location suitable for retail, restaurant, and mixed-use development.

    View details
    Northlake Retail Property For Sale
    Northlake Retail Property For Sale

    39 W N Ave, Northlake, IL

    $3,603,086
    4,940 sqft · 0.45 AC lot

    Retail property in Northlake, Illinois, with long-term NNN lease.

    View details
    Commercial Land in Melrose Park
    Commercial Land in Melrose Park

    1931 North Mannheim Road, Melrose Park, IL 60160

    Contact for pricing
    2,528 sqft · 0.42 AC lot

    0.42 acres with a 2,528 sq. ft. building.

    View details
    Stone Park Storefront Opportunity
    Stone Park Storefront Opportunity

    1630 N Mannheim Road, Stone Park, IL 60165

    $295,000

    Prime commercial property on main street with high visibility.

    View details
    Mixed-Use Neighborhood Shopping Center
    Mixed-Use Neighborhood Shopping Center

    1559 North Mannheim Road, Stone Park, IL 60165

    $3,920,000
    17,110 sqft

    Fee-simple sale of a fully leased, unanchored center combining retail, client-facing office, and one residential unit.

    View details
    Berkeley Industrial Building For Sale
    Berkeley Industrial Building For Sale

    5520 Mcdermott Dr, Berkeley, IL 60163

    Contact for pricing
    10,600 sqft

    10,600 SF industrial building with 14' clear height.

    View details
    Office Building on Saint Charles
    Office Building on Saint Charles

    5430 Saint Charles Rd, Berkeley, IL 60163

    Contact for pricing
    13,500 sqft · 0.46 AC lot

    13,200 SF office building on a 20,000 SF lot.

    View details
    Melrose Park Warehouse Space Available
    Melrose Park Warehouse Space Available

    1937 & 1953 North 17th Avenue, Melrose Park, IL 60160

    Contact for pricing
    64,888 sqft

    64,888 SF warehouse space in ideal Cook County location.

    View details
    O'Hare Area Industrial Opportunity
    O'Hare Area Industrial Opportunity

    2129 N Mannheim Rd, Melrose Park, IL

    $5,500,000
    65,000 sqft · 4.49 AC lot

    Industrial property in strong O'Hare submarket with redevelopment potential.

    View details
    Berkeley Industrial Building For Sale
    Berkeley Industrial Building For Sale

    5500 Mcdermott Dr, Berkeley, IL 60163

    Contact for pricing
    25,500 sqft

    25,500 SF industrial building with highway access and ample parking.

    View details
    Melrose Park Warehouse Space
    Melrose Park Warehouse Space

    1953 N 17th Ave, Melrose Park, IL

    Contact for pricing
    64,888 sqft · 0.46 AC lot

    64,888 SF warehouse with multiple loading docks.

    View details
    Industrial Property Near Expressways
    Industrial Property Near Expressways

    1820 N 30th Street, Melrose Park, IL 60160

    Contact for pricing

    Distribution center with access to expressways and airports.

    View details
    Industrial Property with Solar Panels
    Industrial Property with Solar Panels

    5700 Mcdermott Dr, Berkeley, IL

    Contact for pricing
    51,180 sqft · 2.77 AC lot

    51,180 SF industrial space with updated office and solar.

    View details
    Melrose Park Automotive Property
    Melrose Park Automotive Property

    2629 W N Ave, Melrose Park, IL

    Contact for pricing
    14,040 sqft · 1.60 AC lot

    Automotive property with long-term tenant in Melrose Park, IL.

    View details
    Melrose Park Warehouse Opportunity
    Melrose Park Warehouse Opportunity

    1600 De Prizio Dr, Melrose Park, IL 60160

    Contact for pricing
    22,780 sqft

    22,780 SF warehouse/industrial property in Melrose Park, Illinois.

    View details

    Melrose Park, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Melrose Park, IL, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 238,510 square feet of properties for sale, with an estimated market value of $30,312,085.

    Sale prices for business properties in Melrose Park, IL start at $439,000, averaging $3,368,009, and reaching up to $6,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 55K
    Population Growth (5Y) -3.2%
    Median Household Income $71,815
    College Educated 15.4%

    High-Yield Neighborhoods for Investment

    Identify Melrose Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60164 $750K
    60160 $2.1M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Commercial real estate for Sale Near Melrose Park, IL

    Popular Searches in Melrose Park, IL

    Popular Categories

    Most Searched ZIP Codes in Melrose Park, IL

    • 60160
    • 60163
    • 60165
    • 60164

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!