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Flex Space with Loading Dock
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4701 W Lake Street, Melrose Park, IL 60160

Commercial Lease, Melrose Park, IL

Space SizeContact for details
Days on Market115

Property Features for 4701 W Lake Street

General Information

Property type Commercial Lease
Property subtype Retail
Zoning RTAIL
Directions Lake st. west of mannheim to corner of 47th st.
Subdivision Melrose Park
Standard status Active

Taxes and HOA fees

Tax Year 2024

Utilities

Cooling system Central Air

Amenities

loading dock
overhead door
3 bathrooms

Building Details

Year built 1965
Floors in Building 1
Listing Agency: Avenue 1 Realty Group
Listed By: Ronald Ohr · License #475103671
Added: May 12 Changed: Aug 19 Last Checked: Sep 3 at 1:06AM
MLS# 12645528

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex space combines two retail units with a large warehouse, providing a varied commercial layout within a single property. Physical improvements include one loading dock, one overhead door, three bathrooms, and central air conditioning. The building was constructed in 1965 and is designated RTAIL under the stated zoning classification.

The property is offered under a triple-net lease structure. The tenant is responsible for utilities, maintenance, and property taxes. The configuration is identified as suitable for trucking dispatch or auto body operations, subject to applicable requirements.

Key Highlights

  • Two retail units plus one large warehouse
  • One loading dock and one overhead door
  • Three bathrooms and central air conditioning

Property Analytics

Current Use

Dirt Bag Baggers Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic Hotel & Motel 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

1
Dock-high doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

500
Businesses Nearby
Under-served
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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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  • Fenice Banquets 1622 N 39th Ave, Stone Park, IL 60165
  • Cuomo Catering 23 E North Ave, Northlake, IL 60164

Frequently Asked Questions

What type of property is this?
Flex space - Mixed retail and warehouse configuration with central air and loading access.
Where is this flex space located?
The property is located at 4701 W Lake Street Melrose Park, IL.
What are key features of this property?
This property features: Two retail units plus one large warehouse; One loading dock and one overhead door; Three bathrooms and central air conditioning
More about this property
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