Melrose Park, IL Retail Properties & Spaces for Sale

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Bellwood, IL Maywood, IL Franklin Park, IL

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Updated: Apr 9

Updated Commercial Space in Stone Park

1544 N Mannheim Road, Stone Park, IL 60165

$439,000

2,000 sqft · 0.05 AC lot

Prime location on a high‑traffic corridor with strong visibility and steady foot traffic.
Turnkey, extensively updated, and carefully maintained commercial space.
Approximately 2,000 square feet with a functional layout including 10 styling stations, 3 shampoo bowls, manicure/pedicure area, 2 restrooms, and a kitchen.
Currently operating as a modern salon with updated finishes and a contemporary interior.
Flexible space adaptable for various service‑driven businesses (salon, medical, professional, fitness, etc.).

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This listing looks promising.

Here's a quick look at some key insights for

1544 N Mannheim Road, Stone Park, IL 60165

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Est. Cap Rate

6.3%
Above avg (5.9%)
Est. NOI

$28K
Annual
Mortgage

$192K
Jan 2008
Last Sold

Jan 2008
$226K
Property Type

Auto Repair, Garage
Built 1958

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Updated: Jul 1

Vacant Office/Retail Storefront

120 Broadway Ave, Melrose Park, IL 60160

$199,000

1,750 sqft

Vacant single‑story 1,750 SF office/retail storefront available for sale
Located on 19th (Broadway) Avenue and suited for small office or retail use
Parking is located in the rear of the building
Formerly occupied by an insurance company
Just steps from the Melrose Park MetraRail station

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High Visibility Commercial Land Available

101 East North Avenue, Northlake, IL 60164

$1,300,000

0.62 AC lot

Prime location suitable for retail, restaurant, and mixed-use development.

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Northlake Retail Property For Sale

39 W N Ave, Northlake, IL

$3,603,086

4,940 sqft · 0.45 AC lot

Retail property in Northlake, Illinois, with long-term NNN lease.

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Stone Park Storefront Opportunity

1630 N Mannheim Road, Stone Park, IL 60165

$295,000

Prime commercial property on main street with high visibility.

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Mixed-Use Neighborhood Shopping Center

1559 North Mannheim Road, Stone Park, IL 60165

$3,920,000

17,110 sqft

Fee-simple sale of a fully leased, unanchored center combining retail, client-facing office, and one residential unit.

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Melrose Park Automotive Property

2629 W N Ave, Melrose Park, IL

Contact for pricing

14,040 sqft · 1.60 AC lot

Automotive property with long-term tenant in Melrose Park, IL.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Melrose Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

Renovated Commercial Building on Mannheim

837 Mannheim Road, Bellwood, IL 60104

$175,000

1,730 sqft

Turn-key industrial/commercial property with showroom, workshop, and drive-in access.

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Retail Space with Ample Parking

10001-10015 Grand Ave, Franklin Park, IL

$1,495,000

527 sqft · 0.44 AC lot

Retail space featuring ample parking and flexible layouts for rent.

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Retail Space Near O'Hare Airport

10005-10015 W. GRAND AVE, Franklin Park, IL 60131

$1,750,000

11,421 sqft

High-visibility retail space near major highways and O'Hare Airport.

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Freestanding Retail in Bellwood

398 Mannheim Rd, Bellwood, IL 60104

$875,000

Freestanding retail on Mannheim Rd, 15 minutes from Chicago.

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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

2305 N Mannheim Road, Melrose Park, IL 60164

$1,100,000

Commercial land available in Melrose Park, Illinois.

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Chicago Vacant Lot Development Opportunity

2100 N Parkside Avenue, Chicago, IL 60639

$45,890

0.25 AC lot

Vacant lot in Chicago, ideal for development.

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Addison Land For Sale

133 E Lake Street, Addison, IL 60101

$999,999

Commercial land in the heart of Addison, Illinois.

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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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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.

RESIDENTIAL PARKING GARAGE

1650 Riverwoods Dr, Melrose Park, IL 60160-1654

Unit P-73

Value Estimation by Request

1.16 AC lot

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RESIDENTIAL PARKING GARAGE

1700 Riverwoods Dr, Melrose Park, IL 60160-1613

Unit P-7

Value Estimation by Request

1.85 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

8349 Wn Ave, Melrose Park, IL 60160-1605

Value Estimation by Request

1.09 AC lot

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RESIDENTIAL PARKING GARAGE

132 22nd Ave, Melrose Park, IL 60160-4220

Value Estimation by Request

0.08 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

144 En Ave, Northlake, IL 60164-2522

Value Estimation by Request

0.14 AC lot

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RETAIL STORES (PERSONAL SERVICES)

144 En Ave, Northlake, IL 60164-2522

Value Estimation by Request

0.14 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1931 Mannheim Rd, Melrose Park, IL 60160-1012

$720,000

Estimated value

0.43 AC lot

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STORE, RETAIL OUTLET

220 Wn Ave, Melrose Park, IL 60164

Value Estimation by Request

816 sqft · 0.14 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1801 Wn Ave, Melrose Park, IL 60160-1210

$1,000,000

Estimated value

0.07 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1801 Wn Ave, Melrose Park, IL 60160-1210

$1,000,000

Estimated value

0.12 AC lot

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RESIDENTIAL PARKING GARAGE

1700 Riverwoods Dr, Melrose Park, IL 60160-1613

Unit P-12

$515,000

Estimated value

1.85 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1901 Wn Ave, Melrose Park, IL 60160-1101

Value Estimation by Request

0.08 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1901 Wn Ave, Melrose Park, IL 60160-1101

Value Estimation by Request

0.14 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1901 Wn Ave, Melrose Park, IL 60160-1101

Value Estimation by Request

0.08 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

200 Fullerton Ave, Northlake, IL 60164-1479

$565,000

Estimated value

4,080 sqft · 0.28 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1626 Mannheim Rd, Stone Park, IL 60165-1119

Unit 28

Value Estimation by Request

0.07 AC lot

View details

RESIDENTIAL PARKING GARAGE

131 12th Ave, Melrose Park, IL 60160

$660,000

Estimated value

0.07 AC lot

View details

Melrose Park, IL Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Melrose Park, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 25,800 square feet of properties for sale, with an estimated market value of $8,161,086.

Sale prices for stores in Melrose Park, IL start at $199,000, averaging $2,040,271, and reaching up to $3,920,000 — 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

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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Melrose Park, IL Retail Properties & Spaces for Sale

1544 N Mannheim Road, Stone Park, IL 60165

120 Broadway Ave, Melrose Park, IL 60160

101 East North Avenue, Northlake, IL 60164

39 W N Ave, Northlake, IL

1630 N Mannheim Road, Stone Park, IL 60165

1559 North Mannheim Road, Stone Park, IL 60165

2629 W N Ave, Melrose Park, IL

Opportunities in Nearby Cities

837 Mannheim Road, Bellwood, IL 60104

10001-10015 Grand Ave, Franklin Park, IL

10005-10015 W. GRAND AVE, Franklin Park, IL 60131

398 Mannheim Rd, Bellwood, IL 60104

Potential Development Sites for Consideration

2305 N Mannheim Road, Melrose Park, IL 60164

2100 N Parkside Avenue, Chicago, IL 60639

133 E Lake Street, Addison, IL 60101

133 E Lake Street, Addison, IL 60101

Off-Market Properties in Melrose Park, IL

1650 Riverwoods Dr, Melrose Park, IL 60160-1654

1700 Riverwoods Dr, Melrose Park, IL 60160-1613

8349 Wn Ave, Melrose Park, IL 60160-1605

132 22nd Ave, Melrose Park, IL 60160-4220

144 En Ave, Northlake, IL 60164-2522

144 En Ave, Northlake, IL 60164-2522

1931 Mannheim Rd, Melrose Park, IL 60160-1012

220 Wn Ave, Melrose Park, IL 60164

1801 Wn Ave, Melrose Park, IL 60160-1210

1801 Wn Ave, Melrose Park, IL 60160-1210

1700 Riverwoods Dr, Melrose Park, IL 60160-1613

1901 Wn Ave, Melrose Park, IL 60160-1101

1901 Wn Ave, Melrose Park, IL 60160-1101

1901 Wn Ave, Melrose Park, IL 60160-1101

200 Fullerton Ave, Northlake, IL 60164-1479

1626 Mannheim Rd, Stone Park, IL 60165-1119

131 12th Ave, Melrose Park, IL 60160

Melrose Park, IL Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

Listings Trend

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