2416 Mannheim Rd Melrose Park, IL 60131
- Retail properties
- 22,500 SF
Current Use by Public Records
- Retail properties
Property Details for 2416 Mannheim Rd
- Year built
- 1978
- Property size
- 22,500 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 22,500 square foot commercial property at 2416 Mannheim Road in Franklin Park, Illinois, presents a compelling investment opportunity. The single-story, 1,400 square foot free-standing building, constructed in 1978 and renovated in 2015, boasts excellent road presence and visibility on a busy retail corridor of Mannheim Road/US 45, situated between Grand Avenue and Fullerton Avenue. Its location at a signalized intersection offers multiple access points and drive-thru capability. The property is ideally suited for redevelopment or occupancy by a variety of businesses, including restaurants, professional offices, and franchises. Its strategic location within a thriving retail district, surrounded by major retailers and densely populated residential and commercial areas, ensures high traffic and customer visibility. The property's NNN lease type provides a straightforward ownership structure. Furthermore, its proximity to O'Hare Airport, downtown Chicago, public transportation, major roads, and interstates enhances its appeal and accessibility. This is a rare opportunity to acquire a well-positioned commercial property in a high-demand area of Cook County, Illinois, with a zip code of 60131. The asking price is $959,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melrose Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8848
- Latitude
- 41.9229
