1501 North Ave, Melrose Park, IL 60160
This exceptional retail opportunity in Melrose Park, Cook County, presents two available spaces within a strip center at the highly visible intersection of North Avenue and 15th Avenue. Boasting a total of 16,200 square feet of vacant space, this property offers flexible options ranging from a minimum of 3,000 square feet to a maximum contiguous space of 13,200 square feet. The center benefits from an impressive daily vehicular traffic count of 47,000 vehicles, ensuring high visibility and potential customer reach. Ample parking is provided with 150 spaces available for customers and employees. The property's strategic location is further enhanced by its proximity to established businesses such as AutoZone, Walgreens, Subway, AT&T, GameStop, and Verizon, creating a synergistic retail environment. This prime location offers significant potential for businesses seeking high visibility and convenient access for their customers. The property is categorized as a multi-tenant retail strip center. Serious inquiries are encouraged to explore this exceptional retail investment opportunity.
-
GameStop Arcade & Gaming Center Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.