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    1254 Winston Plz Melrose Park, IL 60160

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    For Lease
    Contact for pricing

    Commercial land available for lease in Melrose Park, Illinois.

    Property size:
    7,000 SF
    Lot size:
    28.04 Acres

    Property Features for 1254 Winston Plz

    General Information

    Size
    7,000 SF
    Lot size
    28.04 Acres

    Source: Mid-America Real Estate Group Agent Liz Krebs

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

    Overview

    Commercial Land For Lease

    This commercial land opportunity is located within a dominant regional power center. A Cermak Fresh Market is coming soon to the location. The property features Ross Dress for Less, Marshalls, and Best Buy. An anchor opportunity of 45,027 square feet is available next to the new 90,000 square foot Cermak Fresh Market. The property offers over 1,700 feet of frontage along North Avenue. Access is facilitated by three traffic lights and multiple entry points. Signage opportunities are available across five pylon signs. Anchor, pad, and small shop opportunities are available.
    Location Intelligence

    Current Use by Public Records

    Winston Plaza Shopping Mall NMC Melrose Park ... Real Estate Rental Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8503444
    Latitude
    41.9058154

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    FAQs

    What type of property is this?
    Commercial land - Commercial land available for lease in Melrose Park, Illinois.
    Where is this commercial land located?
    The property is located at 1254 Winston Plz Melrose Park, IL.
    What are key features of this property?
    This property features: - 45,027 SF Anchor Opportunity next to new 90,000 SF Cermak Fresh Market (Coming Soon); - Dominant Regional Power Center with Cermak Fresh Market, Ross Dress for Less, Marshalls, and Best Buy; - Over 1,700 Feet of Frontage Along North Avenue
    (630) 954-7300
    Request Owner's contact information
    1254 Winston Plz 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
    1254 Winston Plz Melrose Park, IL 60160
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