Listing Agency: CBRE | Chicago d***@cbre.com Show Phone

Listed By: David Erickson Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 8 Last Checked: Aug 9 at 11:07AM

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Investment Insights

Based on property information with market context.

This commercial property features 0.42 acres of land with a 2,528 sq. ft. building. It is zoned E - Commercial District. The property is located just north of the North Avenue and Mannheim Road intersection, within the Melrose Crossing Shopping Center. The location benefits from high traffic counts on Mannheim Road and North Avenue.

Key Highlights

• High traffic counts on Mannheim Road and North Avenue
• Located in the Melrose Crossing Shopping Center
• Located just north of the North Avenue / Mannheim Road intersection

Property Analytics

Property Profile

Current Use

MoneyGram Bank

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Skin Care Clinic Gym & Fitness Center Hair Salon

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

509

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 0.42 acres with a 2,528 sq. ft. building.

Where is this commercial land located?

The property is located at 1931 North Mannheim Road Melrose Park, IL.

What are key features of this property?

This property features: High traffic counts on Mannheim Road and North Avenue; Located in the Melrose Crossing Shopping Center; Located just north of the North Avenue / Mannheim Road intersection