60164 Homes For Sale in Melrose Park, IL | Pamela Forsberg | J.W. Reedy Realty Skip to main content
Pamela Forsberg, Realtor

Melrose Park IL Real Estate & Commercial for Sale

1 Properties Found

The median home value in Melrose Park, IL is $300,000. This is higher than the county median home value of $285,000. The national median home value is $308,980. The average price of homes sold in Melrose Park, IL is $300,000. Approximately 48% of Melrose Park homes are owned, compared to 46% rented, while 7% are vacant. Melrose Park real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Melrose Park real estate agent to arrange a tour today!
Learn more about Melrose Park.

1–1 of 1 properties displayed
Refine Property Search
Page 1 of 1    Prev | Next
Retail, Business Opportunities
Lot size:
0.47 Acres
Year built:
A broker reciprocity listing Courtesy: Alexander Realty LLC
View additional info

OPPORTUNITY KNOCKS! Discover an unparalleled investment opportunity in the heart of the bustling commercial district of unincorporated Melrose Park, Cook County. This fully leased strip mall is a true cash cow, strategically positioned on a highly trafficked, busy street boasting an extremely high vehicle count per day, ensuring constant visibility. Coupled with high foot traffic, it's a magnet for consistent consumer flow to its long-term tenants. Offering a solid 7 cap rate in an investor-friendly environment, this property not only promises attractive returns but also stands as a testament to stability and potential growth in a thriving market. Perfect for those seeking to expand their portfolio, this strip mall combines immediate cash flow with long-term value appreciation in a location that maximizes profitability and management ease. Seize this chance to anchor your investment in a vibrant community, reaping the benefits of Melrose Park's commercial vitality.

Refine Property Search
Page 1 of 1    Prev | Next
1–1 of 1 properties displayed
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/25/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected].

How may I help you?

Get property information, schedule a showing or find an agent

We respect your privacy