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Melrose Park, IL

Shopping Center

Melrose Park, IL Shopping Centers for Sale

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Bellwood, IL Maywood, IL Franklin Park, IL River Grove, IL River Forest, IL Hillside, IL Elmwood Park, IL Westchester, IL

Mixed-Use Neighborhood Shopping Center

Updated: Jun 18

Mixed-Use Neighborhood Shopping Center

1559 North Mannheim Road, Stone Park, IL 60165

Contact for pricing

17,110 sqft

100% fee simple interest for sale: New Town Plaza
100% leased mixed‑use unanchored neighborhood shopping center
Tenant mix includes convenience, service, and food‑oriented retail
Includes client‑facing office space and one residential unit
Property year built: 1960

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 15 Potential Opportunities for your consideration. Besides 1 Active listings in Melrose Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Retail Strip Center For Sale

Retail Strip Center For Sale

6912-6926 W Roosevelt Road, Oak Park, IL 60304

$1,150,000

8,600 sqft

8,600 SF retail strip center in Oak Park, Illinois.

Retail Center at North & Harlem

Retail Center at North & Harlem

7101 W North Avenue |, Oak Park, IL 60302

Contact for pricing

100,000 sqft

Multi-tenant retail center at a high-traffic intersection.

Dominant Shopping Center For Sale

Dominant Shopping Center For Sale

2600 N Narragansett Avenue |, Chicago, IL 60639

Contact for pricing

261 sqft

Shopping center in a dense area with 370,000 within 3 miles.

Shopping Center With Convenience Anchor

Shopping Center With Convenience Anchor

7550 W Addison St, Chicago, IL 60634

Contact for pricing

80%-occupied shopping center anchored by a convenience store, with side street and private behind-building parking.

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.

Madison Street Land Opportunity

Madison Street Land Opportunity

4440-4456 W Madison Street, Chicago, IL 60624

$450,000

0.91 AC lot

Six lots on Madison Street, ideal for development.

Corner Commercial Land

Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000

1.90 AC lot

The corner parcel accommodates concepts ranging from individual retail buildings to a multi-tenant strip center.

Corner Lot Strip Mall Opportunity

Corner Lot Strip Mall Opportunity

237 W 79th Street, Chicago, IL 60620

$130,000

0.16 AC lot

Ideal corner location for a small strip mall or franchise.

Homer Glen Commercial Land

Homer Glen Commercial Land

15551 W 143RD Street, Homer Glen, IL 60491

$4,900,000

14.00 AC lot

14 acres in Homer Glen, signaled intersection, high-end commercial development.

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.

9th En Ave

MINI-MALL

9th En Ave, Northlake, IL 60164

Value Estimation by Request

2031 Mannheim Rd

MINI-MALL

2031 Mannheim Rd, Melrose Park, IL 60160-1003

$4,105,000

Estimated value

1903 Mannheim Rd, Unit 29

MINI-MALL

1903 Mannheim Rd, Melrose Park, IL 60160-1012

Unit 29

Value Estimation by Request

11.63 AC lot

8319 Wn Ave

MINI-MALL

8319 Wn Ave, Melrose Park, IL 60160-1605

Value Estimation by Request

3.46 AC lot

1501 North Ave

Neighborhood centers

1501 North Ave, Melrose Park, IL 60160

Value Estimation by Request

1401 North Ave

Neighborhood centers

1401 North Ave, Melrose Park, IL 60160

Value Estimation by Request

6,307 sqft

Melrose Park, IL Shopping Centers Market Trends and Statistics

Explore 7 shopping centers for sale in Melrose Park, IL on our real estate platform. These investment opportunities span a total of 17,110 square feet of properties for sale.

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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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