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    Melrose Park, IL
    Restaurants

    Melrose Park, IL Restaurants for Sale

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    Maywood, IL Bellwood, IL Franklin Park, IL River Grove, IL River Forest, IL Elmwood Park, IL Westchester, IL Oak Park, IL
    Bar and Pub Real Estate
    Updated: Apr 13
    Bar and Pub Real Estate

    1911 Rice Street, Melrose Park, IL 60160

    $499,900
    0.23 AC lot
    0.2296‑acre property in Melrose Park, IL
    COMMR commercial zoning
    Central air conditioning
    Composition roof
    Real estate only
    View details
    Mixed-Use Restaurant Property
    Updated: Sep 13
    Mixed-Use Restaurant Property

    6 N 19th Ave, Melrose Park, IL 60160

    $599,900
    Two‑unit mixed‑use property with a restaurant on the first floor and apartment above
    Approximately 4,900 vehicles per day with local pedestrian activity at the corner location
    Restaurant includes stoves, flat‑top grill, 5 refrigerators, prep stations, tables, chairs, and 5 flat‑screen TVs
    Upper‑level apartment has 3 bedrooms, 1 full bathroom, in‑unit laundry, and updated kitchen and bathroom
    Restaurant liquor license with 2 AM last call on premises
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 Active listings in Melrose Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    9707-29 W Grand Avenue, Franklin Park, IL 60131

    $979,000
    14,500 sqft 1.18 AC lot

    Multiple commercial spaces combine retail, service, fitness, food, and restaurant uses with dedicated parking and prominent signage.

    View details
    Turnkey Restaurant Opportunity in River Grove
    Turnkey Restaurant Opportunity in River Grove

    8341-8343 Grand Avenue, River Grove, IL 60171

    Contact for pricing
    6,080 sqft

    Freestanding, fully equipped restaurant near Grand and Thatcher Avenue.

    View details
    Turnkey Former Restaurant Space
    Turnkey Former Restaurant Space

    8341 Grand Ave, River Grove, IL 60171

    Contact for pricing
    6,080 sqft

    Freestanding former restaurant space remodeled in 2021 with three kitchens, two dining rooms, and an all-season banquet room.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    9999 Confidential Avenue, Franklin Park, IL 60131

    $2,200,000
    0.38 AC lot

    Combines retail and food-service operations with two renovated residential units.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Melrose Park Land For Sale
    Melrose Park Land For Sale

    2305 N Mannheim Road, Melrose Park, IL 60164

    $1,099,000

    Commercial land available in Melrose Park, Illinois.

    View details
    Addison Land For Sale
    Addison Land For Sale

    133 E Lake Street, Addison, IL 60101

    $999,999
    0.89 AC lot

    Located in the heart of Addison, zoned B2.

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    Transit-Accessible Commercial Land
    Transit-Accessible Commercial Land

    3159 W Madison Street, Chicago, IL 60612

    $250,000
    0.22 AC lot

    COMMR-zoned parcel with access to CTA rail and bus service.

    View details
    Vacant Lot in Chicago
    Vacant Lot in Chicago

    3153 W Madison Street, Chicago, IL 60612

    $125,000
    0.11 AC lot

    Development opportunity in East Garfield Park near Madison Street.

    View details

    Off-Market Properties in Melrose Park, IL

    Consider similar Off-Market properties in Melrose Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    825 North Ave
    Restaurants

    825 North Ave, Melrose Park, IL 60160

    Estimated value: by Request
    2,456 sqft 0.51 AC lot
    View details

    Melrose Park, IL Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Melrose Park, IL on our real estate platform.

    Sale prices for restaurant properties in Melrose Park, IL start at $499,900, averaging $549,900, and reaching up to $599,900 — 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

    Conventional restaurants 3
    Bars & Pubs 1

    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 $549.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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