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4825 W Lake St, Melrose Park, IL 60160

Flex space

Property Size16,600 SF
Lot Size0.48 Acres
Days on Market924

Property Features for 4825 W Lake St

General Information

Standard status Active
Size 16,600 SF
Class C
Lot size 0.48 Acres
Property subtype Industrial
Zoning Industrial
Investment Type Owner/User

Building Details

Year Built 1965
Year Renovated 2024
Buildings 1
Stories 2
Units 1
Listing Agency: Realtogy
Listed By: Michael Osika · License #478.027255
Source: Crexi
Added: Mar 27, 2024 Changed: Oct 4 Last Checked: Oct 5 at 5:32PM

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 Realtogy

Investment Insights

Based on property information with market context.

Key Highlights

  • Excellent visibility with 345 feet of frontage on Lake Street.
  • Boasts a large shop area of 13,100 SF with 16‑18' clear height ceilings.
  • Industrial zoning suitable for various business operations.

Property Analytics

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Open Analytics

Current Use

Fleet Master Truck ... Auto Repair Shop Kelley's Truck Center Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Skin Care Clinic (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

739
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Taquerias Atotonilco - Stone Park — 1631 Mannheim Rd, Stone Park, IL 60165
  • Fenice Banquets — 1622 N 39th Ave, Stone Park, IL 60165
  • Cuomo Catering — 23 E North Ave, Northlake, IL 60164

Frequently Asked Questions

Where is this flex space located?
The property is located at 4825 W Lake St Melrose Park, IL.
What are key features of this property?
This property features: Excellent visibility with 345 feet of frontage on Lake Street.; Boasts a large shop area of 13,100 SF with 16‑18' clear height ceilings.; Industrial zoning suitable for various business operations.
More about this property
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