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Mixed-Use Restaurant Property
New
For Sale
$599,900

6 N 19th Ave, Melrose Park, IL 60160

Two-story commercial property combines an equipped restaurant with an updated apartment and a neighboring lot.

Property SizeContact for details
Days on Market2

Property Features for 6 N 19th Ave

General Information

Standard status Active

Space & Availability

Floor 1
Furnished Yes

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes
Traffic Count 4,900 vehicles/day

Building Details

Year Built 1890
Stories 2
Listing Agency: RE/MAX Partners
Listed By: Fernando Villa Roman · License #475.177693
Source: Amyboston.realtopiare
Added: Sep 13 Last Checked: Sep 13 at 2:43PM

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 RE/MAX Partners

Investment Insights

Based on property information with market context.

This two-unit mixed-use property includes a first-floor restaurant and a second-floor apartment. The restaurant is delivered with kitchen and dining equipment including stoves, a flat-top grill, five refrigerators, prep stations, dishes, pans, tables, chairs, and five flat-screen TVs. A restaurant liquor license permits last call at 2 AM; inventory is excluded. The upper-level residence has three bedrooms, one full bathroom, in-unit laundry, an updated kitchen and bathroom, fresh paint, and a spacious layout.

The property sits at 6 N 19th Ave in Melrose Park on a corner lot with approximately 4,900 vehicles per day and local pedestrian activity. The neighboring parcel at 8 N 19th Ave is included, bringing the total to two lots. North Avenue, the Melrose Park Metra stop, I-290, grocery stores, shopping centers, parks, and schools are nearby, with stated drive times of 40 minutes to downtown Chicago and 20 minutes to O’Hare.

Key Highlights

  • Two‑unit mixed‑use property with a restaurant on the first floor and apartment above
  • Approximately 4,900 vehicles per day with local pedestrian activity at the corner location
  • Restaurant includes stoves, flat‑top grill, 5 refrigerators, prep stations, tables, chairs, and 5 flat‑screen TVs

Property Analytics

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Current Use

Cuisine De Jibarito Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm Spa & Massage Center

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

4,900 VPD
Traffic count
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,303
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial property combines an equipped restaurant with an updated apartment and a neighboring lot.
Where is this mixed-use property located?
The property is located at 6 N 19th Ave Melrose Park, IL.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑unit mixed‑use property with a restaurant on the first floor and apartment above; Approximately 4,900 vehicles per day with local pedestrian activity at the corner location; Restaurant includes stoves, flat‑top grill, 5 refrigerators, prep stations, tables, chairs, and 5 flat‑screen TVs
More about this property
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