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    825 North Ave Melrose Park, IL 60160

    • Retail properties
    • 2,456 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Taco Bell / Fast Food Restaurant / Burrito Restaurant

    Property Details for 825 North Ave

    Year built
    1980
    Lot size
    0.51 lot acres
    Property size
    2,456 SF
    Property type
    Retail properties
    Property subtype
    Restaurants

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Melrose Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8443
    Latitude
    41.9087

    Comparable in this City

    • Value Estimation by Request
      30,000 SF

      1801 North Ave

      Restaurants • 30,000 SF
      1801 North Ave, Melrose Park, IL 60160
      View Details
    • Value Estimation by Request

      1501 North Ave

      Neighborhood centers
      1501 North Ave, Melrose Park, IL 60160
      View Details
    • Value Estimation by Request
      6,307 SF

      1401 North Ave

      Neighborhood centers • 6,307 SF
      1401 North Ave, Melrose Park, IL 60160
      View Details
    • Value Estimation by Request
      0.14 Acres

      1819 Lk St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      1819 Lk St, Melrose Park, IL 60160-3721
      View Details
    • Value Estimation by Request
      0.16 Acres

      2418 Lk St

      AUTO REPAIR, GARAGE • 0.16 Acres
      2418 Lk St, Melrose Park, IL 60160-3030
      View Details
    • Value Estimation by Request
      0.08 Acres

      145 20th Ave

      RESIDENTIAL PARKING GARAGE • 0.08 Acres
      145 20th Ave, Melrose Park, IL 60160-3704
      View Details

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    Similar Nearby for Lease

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      25,305 SF

      Retail Space in Winston Plaza

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      High-profile shopping center space available for lease.
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      Retail Space in Melrose Park

      Retail space available in grocery-anchored center on North Avenue.
      2627 W North Ave, Melrose Park, IL 60160
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    • $10 SF/Yr
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      Melrose Park Industrial Warehouse Space

      58,715 SF industrial space available for lease immediately.
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      Medical Office Space For Lease

      Medical office space available in Melrose Park, Illinois.
      1111 Superior St, Melrose Park, IL 60160
      View Details
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    825 North Ave
    Melrose Park, IL 60160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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