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    119 N 10Th Ave Melrose Park, IL 60160

    For Lease
    $13 SF/Yr ($5,416 /Mo)

    Industrial space for lease in business-friendly Melrose Park.

    Property size:
    5,000 SF
    Lot size:
    5,000 SF

    Property Features for 119 N 10Th Ave

    General Information

    Size
    5,000 SF

    Source: Derek Gonsch Agent Derek Gonsch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Melrose Park Industrial Space

    This industrial space, located in business-friendly Melrose Park, is available for lease. The property is suitable for light industrial, manufacturing, and warehouse distribution purposes, complemented by its proximity to surrounding industrial businesses. Situated just south of Lake Street and 10th Avenue on the east side of the street, it offers convenient access to the I-290 Expressway, North Avenue, and Mannheim Road. The space features an open warehouse area, office space with 2 private offices, and 3 bathrooms. It also includes a kitchenette, 1 loading dock, and 1 drive-in door measuring 10' x 12'. The property benefits from new furnaces, a 5-year-old roof, and 200 amp breakers. The ceiling height is 14'. There are 4-5 parking spaces located in the rear of the building. The property size is 5,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    CubeSmart Self Storage, Extra Mile Movers | Chicago Moving Company

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8451559
    Latitude
    41.8900911

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    FAQs

    What type of property is this?
    Warehouse - Industrial space for lease in business-friendly Melrose Park.
    Where is this warehouse located?
    The property is located at 119 N 10Th Ave Melrose Park, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - Excellent Location: Minutes from I-290 Expressway, near Lake Street and the railroad.; - Versatile Industrial Space: Suitable for light industrial, manufacturing, and warehouse distribution.; - Functional Loading: Includes one loading dock and one drive-in door (10' x 12').
    (708) 267-9988
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    119 N 10Th Ave Melrose Park, IL 60160
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    Melrose Park, IL 60160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 N 10Th Ave Melrose Park, IL 60160
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