109-119 W Grand Avenue Melrose Park, IL 60164
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyCook
- Taxes$49,054
- HOA/Condo/Coop Fees$0
- Days on Site38 Days
- MLS StatusActive
- MLS ID Number11978478
- Home Size Source N/A
- Year Built1961
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 109-119 W Grand Avenue Melrose Park, IL 60164
4 weeks ago | |
a month ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Construction Brick
- Number of Stories 1
- Property Sub Type Retail
- Zoning COMMR
- Number Of Stories 1
Interior Features
- Cooling Central AirCentral Individual
- Utilities Electric to SiteGas to SiteSanitary SewerWater-Municipal
Exterior Features
- Roof Membrane
- Construction Details BrickWood Frame
Community Features
- Township Leyden
- MLS Area Melrose Park