Residential

Melrose Park, IL Residential Land & Home Lots for Sale

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LAND - Melrose Park, IL
Updated: Aug 7
LAND - Melrose Park, IL

3048 Derrough Avenue, Melrose Park, IL 60164

$150,000
0.27 AC lot
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Brick Community Building on Lot
Updated: Jun 7
Brick Community Building on Lot

10515 Altgeld Street, Melrose Park, IL 60164

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1,440 sqft 0.30 AC lot
1,440 SF solid brick building built in 2003 with a 10' ceiling
100' x 132' lot on a quiet residential street with a paved deck
Two bathrooms, welcoming foyer, and a large open sanctuary adaptable for multiple uses
Zoned R5 Residential, offering flexibility for single‑family buildout or continued religious/community use with permits
Includes 10 onsite parking spaces
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Cleared Residential Development Lots
Cleared Residential Development Lots

1634 North 32nd Avenue, Melrose Park, IL 60160

$79,900

Consecutive cleared lots with approved, transferable plans for brick two-unit construction, subject to applicable review.

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Infill Development Land Lot
Infill Development Land Lot

1975 Ruby St, Melrose Park, IL 60160

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For-sale infill lot offering a rarely available development site in Melrose Park.

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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 - Elmwood Park, IL
LAND - Elmwood Park, IL

2926 N 75TH Court, Elmwood Park, IL 60707

$208,000

Land

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LAND - Elmwood Park, IL
LAND - Elmwood Park, IL

2922 N 75TH Court, Elmwood Park, IL 60707

$208,800

Land

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LAND - Maywood, IL
LAND - Maywood, IL

821 S 13th Avenue, Maywood, IL 60153

$65,000

Land

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Zoned R-2 Buildable Lot
Zoned R-2 Buildable Lot

1420 South 21st Avenue, Maywood, IL 60153

$120,000

Large vacant lot zoned R-2, measuring approximately 8,040 square feet.

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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 24,829 square feet of properties for sale, with an estimated market value of $229,900.

Sale prices for home sites in Melrose Park, IL start at $79,900, averaging $114,950, and reaching up to $150,000 — 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

Industrial land 6
Commercial 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%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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