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$1,425,000
201 Days Online

109-119 W Grand Avenue
Melrose Park, IL 60164

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
6,950
SqFt
$205
/SqFt
1961
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Alexander Realty LLC david@alexanderrealty.com

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109-119 W Grand Avenue109-119 W Grand Avenue109-119 W Grand Avenue109-119 W Grand Avenue
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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.

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Listing Snapshot
Price 
$1,425,000
Days Online 
201 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,950 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1961
MLS® Number 
11978478
Status 
Active
Property Tax 
$49,054.9
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 months agoListing first seen online
8 months agoListing updated with changes from the MLS®
General Features
Number Of Stories 
1
Property Sub Type 
Retail
SqFt Total 
6950
Water Source 
Public
Zoning 
COMMR
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Brick
Roof 
Membrane
Community Features
MLS Area 
Melrose Park
Township 
Leyden
Listing Courtesy of MRED as distributed by MLS Grid of Alexander Realty LLC david@alexanderrealty.com



Based on information submitted to the MLS GRID as of 2024-09-30 07:25 PM UTC. 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.
Data last updated: 2024-09-30 07:25 PM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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