Technical
Financial
Distress signals
Property profile

119 Grand Ave Melrose Park, IL 60164

OFF-MARKET
Retail space
Property ID
US28-2106809
0.47 ac lot Built 1958
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Lot 0.47 ac (20,397 SF)
APN 12-29-311-021
UPID US28-2106809

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

119 Grand Ave Melrose Park, IL 60164
Melrose Park metro Census 811702 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$705k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$705k

Owner & transaction history

since 2022
Last sale
$900,000
7 recorded transactions
2022
$900,000
2020
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2008
Price N/A
2007
$650,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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