1801 North Ave Melrose Park, IL 60160
- Retail properties
- 30,000 SF
Current Use by Public Records
- Ron's Auto Sales Inc / Used Car Dealer
Property Details for 1801 North Ave
- Property size
- 30,000 SF
- Property type
- Retail properties
Description
This exceptional 30,000 square foot retail property, located at 1801 W North Ave in Melrose Park, Illinois (zip code 60160), presents a unique investment opportunity. The property is zoned for commercial use and specifically permits drive-thru operations, making it ideally suited for quick-service restaurants or similar businesses. Boasting excellent visibility from the highly trafficked North Avenue, this location ensures significant exposure to potential customers. The site itself encompasses 30,000 square feet, offering ample space for development and operations. In addition to the 21,000 square feet of main building space, there is approximately 9,000 square feet of leasable and improvable space associated with an Illinois Department of Transportation (IDOT) easement. The property's 2020 annual taxes were $38,425. This prime location in Cook County, Illinois, offers exceptional access and high visibility, making it an attractive proposition for investors seeking a strong return on investment in a thriving commercial area. The property's size and zoning make it suitable for a variety of fast-food and quick-service restaurant concepts. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melrose Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8558
- Latitude
- 41.9081
