Search
Prime Corner Lot with Visibility
For Lease
Contact for pricing

501 W North Ave, Melrose Park, IL

High-visibility corner lot with drive-thru potential near major amenities.

Space Size981 SF - 7,235 SF
Lot Size2.45 Acres
Days on Market1426

Property Features for 501 W North Ave

General Information

Standard status Active
Size 981 SF - 7,235 SF
Lot size 2.45 Acres
Property subtype OFFICE
Lease Type Modified Gross

Spaces For Lease

at 501 W North Ave Contact us

501 W North Ave $20/SF/Yr

Floor
1
Size
1,719 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Building has two story atrium and outdoor terraces on each of the upper floors -...
show more
Contact us

501 W North Ave $20/SF/Yr

Floor
2
Size
2,805 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Building has two story atrium and outdoor terraces on each of the upper floors -...
show more
Contact us

501 W North Ave $20/SF/Yr

Floor
2
Size
3,449 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Building has two story atrium and outdoor terraces on each of the upper floors -...
show more
Contact us

501 W North Ave $20/SF/Yr

Floor
2
Size
4,430 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Building has two story atrium and outdoor terraces on each of the upper floors -...
show more
Contact us

501 W North Ave $20/SF/Yr

Floor
2
Size
6,254 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Building has two story atrium and outdoor terraces on each of the upper floors -...
show more
Contact us

501 W North Ave $20/SF/Yr

Floor
2
Size
7,235 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Building has two story atrium and outdoor terraces on each of the upper floors -...
show more
Contact us

501 W North Ave $20/SF/Yr

Floor
2
Size
981 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Building has two story atrium and outdoor terraces on each of the upper floors -...
show more
Contact us
Listing Agency: JBS Commercial Real Estate
Listed By: Jason Shibata · License #471011705
Source: Moodyscre
Added: Oct 19, 2022 Changed: Sep 9 Last Checked: Sep 13 at 9:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JBS Commercial Real Estate

Investment Insights

Based on property information with market context.

This property benefits from close proximity to numerous area restaurants, hotels, and shopping amenities. A drive-thru is available. The location features a signalized corner with high visibility and a traffic count of approximately 57,000 vehicles per day. New immediate area amenities include Costco, Amazon, Target, Jewel Osco, Meyer, Triton College, and Gottlieb Memorial Hospital (Loyola Medicine). The property size is 47,975 square feet.

Key Highlights

  • High Traffic Count: Approximately 57,000 Vehicles Per Day
  • Signalized Corner with High Visibility
  • Drive‑Thru Available

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

First Midwest Corporation ... Loan Service Beth Black - State ... Insurance Agency Julie A Moore, MD Physician Moore Dermatology Associates Physician Melanie Adamsky, MD Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Spa & Massage Center Big Box & Wholesale Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby
509k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 30% Shops & Services 30% Dining 23% Leisure 11%
Costco Wholesale Superstores
154,477 visits/mo 0.2 miles
Costco Gasoline Shops & Services
79,461 visits/mo 0.3 miles
Cinemark Melrose Park And Xd Leisure
55,153 visits/mo 0.3 miles
McDonald's Dining
49,403 visits/mo 0.4 miles
Delta Sonic Car Wash Shops & Services
44,151 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Drive through restaurant - High-visibility corner lot with drive-thru potential near major amenities.
Where is this drive through restaurant located?
The property is located at 501 W North Ave Melrose Park, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High Traffic Count: Approximately 57,000 Vehicles Per Day; Signalized Corner with High Visibility; Drive‑Thru Available
(312) 462-1022 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message