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Melrose Park, IL Storefront Properties for Sale

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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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Northlake Retail Property For Sale
$3,603,086
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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Based on your search, we've compiled 34 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 28 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.

Large Maywood Commercial Building
$359,000
0.33 Acres

Large Maywood Commercial Building

Spacious building in Maywood with C-2 zoning and seller financing.

1000 Madison St, Maywood, IL 60153
View details
Updated Storefront in Maywood, IL
$230,000
0.08 Acres

Updated Storefront in Maywood, IL

City-approved, updated storefront ideal for salon, studio, or small business.

1209 S 5Th Ave, Maywood, IL 60153
View details
Downtown Oak Park Mixed-Use Building
Contact for pricing
9,737 SF

Downtown Oak Park Mixed-Use Building

17 Units, 9,737 SF, Value-Add Opportunity

113 Marion St, Oak Park, IL 60301
View details
Oak Park Mixed-Use Investment
Contact for pricing
5,586 SF

Oak Park Mixed-Use Investment

Downtown Oak Park, 5,586 SF, 100% Occupied

1053 Lake St, Oak Park, IL 60301
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
1600 Lk St

1600 Lk St

STORE, RETAIL OUTLET
Value Estimation by Request
1600 Lk St, Melrose Park, IL 60160-3817
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
1835 19th Ave

1835 19th Ave

STORE, RETAIL OUTLET • 0.19 Acres
Value Estimation
$550,000
1835 19th Ave, Melrose Park, IL 60160-2040
View details
165 22nd Ave

165 22nd Ave

STORE, RETAIL OUTLET • 0.11 Acres
Value Estimation by Request
165 22nd Ave, Melrose Park, IL 60160-0002
View details
5434 Saint Charles Rd

5434 Saint Charles Rd

STORE, RETAIL OUTLET • 0.14 Acres
Value Estimation
$375,000
5434 Saint Charles Rd, Berkeley, IL 60163
View details
2307 Lk St

2307 Lk St

STORE, RETAIL OUTLET • 0.16 Acres
Value Estimation
$175,000
2307 Lk St, Melrose Park, IL 60160-3622
View details
5430 Saint Charles Rd

5430 Saint Charles Rd

STORE, RETAIL OUTLET • 0.19 Acres
Value Estimation
$400,000
5430 Saint Charles Rd, Berkeley, IL 60163-1206
View details
2210 Wn Ave

2210 Wn Ave

STORE, RETAIL OUTLET • 0.07 Acres
Value Estimation
$665,000
2210 Wn Ave, Melrose Park, IL 60160-1158
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154 19th Ave

154 19th Ave

STORE, RETAIL OUTLET • 0.08 Acres
Value Estimation
$115,000
154 19th Ave, Melrose Park, IL 60160-3718
View details
1440 Wn Ave

1440 Wn Ave

STORE, RETAIL OUTLET • 0.15 Acres
Value Estimation
$410,000
1440 Wn Ave, Melrose Park, IL 60160-1422
View details
232 En Ave

232 En Ave

STORE, RETAIL OUTLET • 853 SF
Value Estimation by Request
232 En Ave, Northlake, IL 60164-2525
View details
1807 19th Ave

1807 19th Ave

STORE, RETAIL OUTLET • 0.09 Acres
Value Estimation by Request
1807 19th Ave, Melrose Park, IL 60160-2025
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8311 Wn Ave

8311 Wn Ave

STORE, RETAIL OUTLET • 10.52 Acres
Value Estimation by Request
8311 Wn Ave, Melrose Park, IL 60160-1605
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1440 Wn Ave

1440 Wn Ave

STORE, RETAIL OUTLET • 0.07 Acres
Value Estimation by Request
1440 Wn Ave, Melrose Park, IL 60160-1422
View details
129 19th Ave

129 19th Ave

STORE, RETAIL OUTLET • 0.17 Acres
Value Estimation
$390,000
129 19th Ave, Melrose Park, IL 60160-3702
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11132 Grand Ave

11132 Grand Ave

STORE, RETAIL OUTLET • 0.26 Acres
Value Estimation
$205,000
11132 Grand Ave, Melrose Park, IL 60164-1131
View details
5245 Saint Charles Rd

5245 Saint Charles Rd

STORE, RETAIL OUTLET • 0.17 Acres
Value Estimation
$165,000
5245 Saint Charles Rd, Berkeley, IL 60163-1343
View details
601 14th Ave

601 14th Ave

STORE, RETAIL OUTLET • 0.17 Acres
Value Estimation
$605,000
601 14th Ave, Melrose Park, IL 60160
View details
1440 Wn Ave

1440 Wn Ave

STORE, RETAIL OUTLET • 0.12 Acres
Value Estimation
$390,000
1440 Wn Ave, Melrose Park, IL 60160-1422
View details
4600 Lk St

4600 Lk St

STORE, RETAIL OUTLET • 7,387 SF
Value Estimation
$590,000
4600 Lk St, Melrose Park, IL 60160-2747
View details
106 19th Ave

106 19th Ave

STORE, RETAIL OUTLET • 0.15 Acres
Value Estimation
$645,000
106 19th Ave, Melrose Park, IL 60160-3755
View details

Melrose Park, IL Storefront Properties Investment Opportunities Market Analysis

Explore 30 storefront properties for sale in Melrose Park, IL on our real estate platform. These investment opportunities span a total of 399,969 square feet of properties for sale, with an estimated market value of $6,435,000.

Prices for retail units in Melrose Park, IL start at $130,000, averaging $378,529, and reaching up to $695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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