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Vacant Office/Retail Storefront
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120 Broadway Ave, Melrose Park, IL 60160

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

Property Size1,750 SF
Price / SF$113.71
Days on Market51

Property Features for 120 Broadway Ave

General Information

Standard status Active
Size 1,750 SF
Property subtype Retail, Office
Zoning B3-2

Building Details

Stories 1
Listing Agency: Millennium Properties R/E
Listed By: Brad Thompson · License #IL 471013662
Source: Crexi
Added: Jul 1 Changed: Aug 8 Last Checked: Aug 20 at 12:52AM

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 Millennium Properties R/E

Investment Insights

Based on property information with market context.

This vacant, single-story office/retail storefront offers approximately 1,750 square feet of space and was previously occupied by an insurance company. The layout supports either professional office use or retail, making it a flexible option for a small tenant looking for a direct street-facing configuration.

The property is located on 19th (Broadway) Avenue in Melrose Park, in a largely residential suburb setting. It sits among small shops and restaurants and is described as being just steps from the Melrose Park MetraRail station, with parking located in the rear of the building.

For buyers or owner-users, the combination of storefront visibility and rear parking can be practical for day-to-day operations. The space is positioned for both office and retail users who want a small-format footprint with straightforward access for visitors and customers.

Key Highlights

  • Vacant single‑story 1,750 SF office/retail storefront available for sale
  • Located on 19th (Broadway) Avenue and suited for small office or retail use
  • Parking is located in the rear of the building

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Garden Center Skin Care Clinic (Bike/Boat/Book/etc) Store Veterinary Clinic Accounting Firm

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

Location Intelligence

Trade Area within ½ mile

1,256
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60160, IL

24,776
Population
8,947
Households
2.8
Avg Household Size
35
Median Age
15%
College-Educated
71%
High-School Grad
4.6 sq mi
ZIP Area
5,386
Density / Sq Mi
$64,740
Median Household Income
$39,722
Median Earnings
$1,194
Median Rent
$265,000
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Celia's Bridal 150 1/2 N 19th Ave, Melrose Park, IL 60160
  • Chicago Flower Delivery 3400 Bloomingdale Ave, Melrose Park, IL 60160
  • Dasberflo 1955 W North Ave, Melrose Park, IL 60160
  • Betty's Flowers & Bridal 153 N 19th Ave, Melrose Park, IL 60160
  • Thrive Floral Design 3410 W North Ave, Stone Park, IL 60165

Frequently Asked Questions

What type of property is this?
Storefront property - Single-story storefront with rear parking, suited for small office or retail use near a Metra station.
Where is this storefront property located?
The property is located at 120 Broadway Ave Melrose Park, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Vacant single‑story 1,750 SF office/retail storefront available for sale; Located on 19th (Broadway) Avenue and suited for small office or retail use; Parking is located in the rear of the building
(312) 338-3000 Call to check price and availability
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