Log In/Sign Up
1401-1403 N 25th Ave
Melrose Park, IL 60160
Retail Property For Sale
Investment Highlights
- All tenants at the property have 5% annual increases, providing an excellent hedge against inflation
- The Village of Melrose Park is no longer issuing new licenses for body part shops in this area, limiting future competition
- All tenants at the property have provided significant and non-refundable deposits, move-in fees, security deposits, and funded 100% of their own build
- All tenants maintain their own suites and spaces, including HVAC maintenance, snowplow, trash, and utilities
- Positioned in a high-density urban pocket of the Chicago MSA, this site offers immediate access to 75,000 residents within 2 miles
- Surrounded by tenants such as; Kronos International Shippers, Interlake Mecalux, Freeway Insurance, United States Postal Service, and more
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
B
Year Built
1951
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
0.66 AC
Zoning
I - INDUSTRIAL
Property Taxes
| Parcel Number | 15-03-300-027-0000 | Improvements Assessment | $234,540 |
| Land Assessment | $101,105 | Total Assessment | $335,645 |
Property Taxes
Parcel Number
15-03-300-027-0000
Land Assessment
$101,105
Improvements Assessment
$234,540
Total Assessment
$335,645
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
