Melrose Park, IL
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    Melrose Park, IL Shopping Centers for Sale

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    Bellwood, IL Maywood, IL Franklin Park, IL
    Mixed-Use Neighborhood Shopping Center
    $3,920,000
    17,110 SF
    Mixed-Use Neighborhood Shopping Center

    1559 North Mannheim Road, Stone Park, IL 60165

    Fee-simple sale of a fully leased, unanchored center combining retail, client-facing office, and one residential unit.
    • 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
    Updated: Jun 18
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    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.

    Fully Occupied Retail Investment Property
    $2,697,000
    13,778 SF
    Fully Occupied Retail Investment Property

    100% occupied retail property with strong tenant mix.

    6518-6534 W North Ave, Chicago, IL

    View details
    Retail Strip Center For Sale
    $1,150,000
    8,600 SF
    Retail Strip Center For Sale

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

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

    View details
    Retail Center at North & Harlem
    Contact for pricing
    100,000 SF
    Retail Center at North & Harlem

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

    7101 W North Avenue |, Oak Park, IL 60302

    View details
    Dominant Shopping Center For Sale
    Contact for pricing
    261 SF
    Dominant Shopping Center For Sale

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

    2600 N Narragansett Avenue |, Chicago, IL 60639

    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.

    Madison Street Land Opportunity
    $450,000
    0.91 Acres
    Madison Street Land Opportunity

    Six lots on Madison Street, ideal for development.

    4440-4456 W Madison Street, Chicago, IL 60624

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    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres
    Prime Corner Commercial Land Available

    Corner lot suitable for retail development, drive-thru, or subdivision.

    8450 Willow Springs Road, Willow Springs, IL 60480

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    Corner Lot Strip Mall Opportunity
    $130,000
    0.16 Acres
    Corner Lot Strip Mall Opportunity

    Ideal corner location for a small strip mall or franchise.

    237 W 79th Street, Chicago, IL 60620

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    Homer Glen Commercial Land
    $4,900,000
    14.00 Acres
    Homer Glen Commercial Land

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

    15551 W 143RD Street, Homer Glen, IL 60491

    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.

    9th En Ave
    MINI-MALL
    Value Estimation by Request

    9th En Ave, Northlake, IL 60164

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    2031 Mannheim Rd
    MINI-MALL
    Estimated value
    $4,105,000

    2031 Mannheim Rd, Melrose Park, IL 60160-1003

    View details
    1903 Mannheim Rd, Unit 29
    MINI-MALL
    Lot: 11.63 Acres
    Value Estimation by Request
    Unit 29

    1903 Mannheim Rd, Melrose Park, IL 60160-1012

    View details
    8319 Wn Ave
    MINI-MALL
    Lot: 3.46 Acres
    Value Estimation by Request

    8319 Wn Ave, Melrose Park, IL 60160-1605

    View details
    1501 North Ave
    Neighborhood centers
    Value Estimation by Request

    1501 North Ave, Melrose Park, IL 60160

    View details
    1401 North Ave
    Neighborhood centers
    6,307 SF
    Value Estimation by Request

    1401 North Ave, Melrose Park, IL 60160

    View details

    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 0 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for plazas in Melrose Park, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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

    Shopping centers 7
    Storefront properties 3
    Automotive properties 2
    Auto shops 1

    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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