Residential

Melrose Park, IL Residential Land & Home Lots for Sale

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Land, Melrose Park, IL
Updated: Sep 28
Land, Melrose Park, IL

3048 Derrough Avenue, Melrose Park, IL 60164

$80,000
0.27 AC lot
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Cleared Residential Development Lots
Updated: Jul 13
Cleared Residential Development Lots

1634 N 32nd Avenue, Melrose Park, IL 60160

$79,900
Consecutive cleared lots offered together, with cleared land and survey completed
Approved, transferable plans for brick 2‑unit construction on the lots (subject to applicable review)
Village review completed and approved for the proposed plans
Plans can be transferred with the sale of these lots
Option to purchase all three lots for multi‑building development and rental income potential (per approved plans)
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Land
Land

1112 Superior Street, Melrose Park, IL 60160

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Commercial land

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LAND
LAND

1636 N 32nd Avenue, Melrose Park, IL 60160

$79,900

Residential land & home lots

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Melrose Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Land or Vacant Lot
Land or Vacant Lot

8217-8223 W Forest Preserve Avenue, Chicago, IL 60634

$650,000

Residential land & home lots

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Land, Bensenville, IL
Land, Bensenville, IL

432 Diana Court, Bensenville, IL 60106

$129,000
0.25 AC lot

Land · 0.25 Acres

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Vacant Land
Vacant Land

432 Diana Ct, Bensenville, IL 60106

$129,000

Residential land & home lots

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Land, Chicago, IL
Land, Chicago, IL

8148 W Forest Preserve Avenue, Chicago, IL 60634

$225,000
0.25 AC lot

Residential land & home lots · 0.25 Acres

View details

Melrose Park, IL Residential Land & Home Lots Market Trends and Statistics

Explore 4 residential land & home lots for sale in Melrose Park, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 11,761 square feet of properties for sale, with an estimated market value of $239,800.

Sale prices for home sites in Melrose Park, IL start at $79,900, averaging $79,933, and reaching up to $80,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 4
Industrial land 3
Residential land & home lots 3

Demographics Overview

Population 55K
Population Growth (5Y) -3.2%
Median Household Income $71,815
College Educated 15.4%

High-Yield Neighborhoods for Investment

Identify Melrose Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60160 $79.9K
60164 $80K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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