Financial
Distress signals
Property profile

1300 8th W Lk St Melrose Park, IL 60160

OFF-MARKET
Retail space
Property ID
US28-0254521
0.1 ac lot Built 1965
Last sale Jan 2002 · $215,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This versatile 700-square-foot office space in Melrose Park, Illinois, presents a unique opportunity for businesses seeking a prime location in Cook County. The property is categorized as Retail and Office, and specifically suits Medical, Traditional, Executive, Coworking, and Creative office needs. Its single-tenant occupancy ensures privacy and control over the space. Located at 1300 W Lake St, Melrose Park, IL 60160, this property offers convenient access to local amenities and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$20k
Tax billed · 2022
Assessed value$65k
Assessed land$14k
Assessed improvement$51k
Effective rate30.82%

Value estimate

· Sep 2026
$280k
$252k – $308k
AI approach$280k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.7
Law Firm15.5
Parking Facility11.1

Location

1300 8th W Lk St Melrose Park, IL 60160
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1931 Mannheim, Melrose Park, IL 60160-1012 $720,000 Jul 2025 No data
1801 Wn, Melrose Park, IL 60160-1210 $1,000,000 Jun 2025 No data
2500 Wn, Melrose Park, IL 60160-1130 $1,465,000 Feb 2025 No data
1509 Division, Melrose Park, IL 60160-2115 $525,000 Feb 2025 No data
2037 Mannheim, Melrose Park, IL 60160-1000 $1,536,000 Feb 2025 No data
2210 Wn, Melrose Park, IL 60160-1158 $600,000 Jan 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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