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Melrose Park, IL Retail Space for Sale

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Northlake Retail Property For Sale
Contact for pricing
4,940 SF

Northlake Retail Property For Sale

39 W 39Th Ave N, Northlake, IL 60165

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

  • Long‑Term, Absolute NNN Lease W/ Annual Rent Increases
  • Corporate Guaranty from Publicly Traded Multi‑State Operator
  • Full 2023 Property Renovation w/ Significant Tenant Investment
  • Highly Trafficked Retail Corridor w/ Excellent Visibility
  • Expanding Cannabis Market in Limited‑License State
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Northlake Retail Investment Opportunity
$3,862,500
4,940 SF

Northlake Retail Investment Opportunity

39 North Ave, Northlake, IL 60164

NNN Leased Cannabis Dispensary, High NOI

  • $3,862,500 asking price, 8.00% cap rate, and $309,000 NOI.
  • 4,940 square foot, single‑tenant storefront in Northlake, IL, 100% occupied by ASCEND Wellness (OTCQX: AAWH).
  • 12‑year Absolute NNN lease with 10.9 years remaining, including two 5‑year renewal options and 3% annual rent increases.
  • 2023 renovation including roof, HVAC, plumbing, bathrooms, and parking lot.
  • Excellent location on North Avenue, a high‑traffic thoroughfare, with visibility and proximity to major retailers (Sam's Club, Walmart, Home Depot).
Updated: Dec 11, 2024
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Based on your search, we've compiled 373 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 367 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

River Forest Multi-Tenant Property
$2,750,000
17,000 SF

River Forest Multi-Tenant Property

17,000 SF Retail/Office, Value-Add Opportunity

7777 Lake St, River Forest, IL 60305
View details
River Forest Retail and Office
Contact for pricing

River Forest Retail and Office

Value-add retail and office building in River Forest, Illinois.

7777 Lake St, River Forest, IL 60305
View details
Versatile Commercial Space, Chicago
Pending
$265,000
0.07 Acres

Versatile Commercial Space, Chicago

Renovated office/retail/flex space at a high-traffic intersection.

2451 N Harlem Ave, Chicago, IL 60707
View details
Commercial Space on Harlem Avenue
Pending
$265,000
0.07 Acres

Commercial Space on Harlem Avenue

Renovated office/retail space with high visibility and traffic.

2451 N Harlem Ave, Chicago, IL 60707
View details

Explore 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.

39 North Ave

39 North Ave

Individual retail properties • 4,940 SF
Value Estimation by Request
39 North Ave, Northlake, IL 60164
View details
5813 Electric Ave

5813 Electric Ave

RETAIL STORES (PERSONAL SERVICES) • 0.04 Acres
Value Estimation by Request
5813 Electric Ave, Berkeley, IL 60163
View details
101 Grand Ave

101 Grand Ave

RETAIL STORES (PERSONAL SERVICES) • 0.28 Acres
Value Estimation by Request
101 Grand Ave, Northlake, IL 60164-1020
View details
4003 Lk St

4003 Lk St

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
4003 Lk St, Stone Park, IL 60165-1146
View details
130 19th Ave

130 19th Ave

RETAIL STORES (PERSONAL SERVICES) • 0.10 Acres
Value Estimation by Request
130 19th Ave, Melrose Park, IL 60160-3717
View details
104 19th Ave

104 19th Ave

RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
Value Estimation by Request
104 19th Ave, Melrose Park, IL 60160-3703
View details
1812 32nd Ave

1812 32nd Ave

RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
Value Estimation by Request
1812 32nd Ave, Stone Park, IL 60165-1004
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1815 Wn Ave

1815 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
Value Estimation by Request
1815 Wn Ave, Melrose Park, IL 60160-1210
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117 En Ave

117 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
Value Estimation by Request
117 En Ave, Northlake, IL 60164-2523
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47 Wn Ave

47 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
47 Wn Ave, Northlake, IL 60164-3800
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3902 Wn Ave

3902 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
3902 Wn Ave, Stone Park, IL 60165
View details
236 En Ave

236 En Ave

RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
Value Estimation by Request
236 En Ave, Northlake, IL 60164-2525
View details
Melrose Park, IL 60160

Melrose Park, IL 60160

RETAIL STORES (PERSONAL SERVICES)
Value Estimation by Request
Melrose Park, IL 60160
View details
3500 Wn Ave

3500 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
3500 Wn Ave, Stone Park, IL 60165-1042
View details
850 Wn Ave

850 Wn Ave

RETAIL STORES (PERSONAL SERVICES) • 8.02 Acres
Value Estimation by Request
850 Wn Ave, Melrose Park, IL 60160-1611
View details
2118 20th W Lk St

2118 20th W Lk St

STORE, RETAIL OUTLET • 0.08 Acres
Value Estimation by Request
2118 20th W Lk St, Melrose Park, IL 60160
View details
1637 Mannheim Rd

1637 Mannheim Rd

RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
Value Estimation by Request
1637 Mannheim Rd, Stone Park, IL 60165
View details
2348 Mannheim Rd

2348 Mannheim Rd

RETAIL STORES (PERSONAL SERVICES) • 0.12 Acres
Value Estimation by Request
2348 Mannheim Rd, Melrose Park, IL 60164-1835
View details
2227 Mannheim Rd

2227 Mannheim Rd

RETAIL STORES (PERSONAL SERVICES) • 0.26 Acres
Value Estimation by Request
2227 Mannheim Rd, Melrose Park, IL 60164-1838
View details
5301 Saint Charles Rd

5301 Saint Charles Rd

RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
Value Estimation by Request
5301 Saint Charles Rd, Berkeley, IL 60163-1319
View details
5317 Saint Charles Rd

5317 Saint Charles Rd

RETAIL STORES (PERSONAL SERVICES) • 0.05 Acres
Value Estimation by Request
5317 Saint Charles Rd, Berkeley, IL 60163-1345
View details
223 En Ave

223 En Ave

RETAIL STORES (PERSONAL SERVICES) • 3,644 SF
Value Estimation by Request
223 En Ave, Northlake, IL 60164-2526
View details

Melrose Park, IL Retail Space Investment Opportunities Market Analysis

Explore 369 retail space for sale in Melrose Park, IL on our real estate platform. These investment opportunities span a total of 2,583,521 square feet of properties for sale, with an estimated market value of $171,795,000.

Sale prices for retail space in Melrose Park, IL start at $95,000, averaging $1,145,300, and reaching up to $24,600,000 — 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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