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1401-1403 N 25th Ave 20,000 SF 100% Leased Retail Building Melrose Park, IL 60160 $2,525,000 ($126.25/SF) 7.50% Cap Rate
Investment Highlights
- 1401-1403 N 25th Ave is located in a dense commercial and industrial corridor with strong access to labor, customers, and nearby businesses.
- Recently completed capital upgrades including signage, exterior work, and parking lot improvements.
- Proximity to major transportation networks, including I-290, I-294, and Chicago airports.
Executive Summary
Colliers International has been retained as the exclusive agent to sell 1401-1403 N 25th Ave in Melrose Park, Illinois. The Property is a 20,000-square-foot, multi-tenant industrial
service building situated on 0.66 acres in the O’Hare submarket.
The Property is 100% leased to a mix of automotive, collision, detailing, security installation, and service-related tenants. The offering gives investors the opportunity to acquire a fully occupied industrial asset with existing cash flow, annual rent increases, and limited near-term vacancy risk. The Property’s functional layout, local tenant base, and infill Cook County location make it a strong stabilized investment opportunity.
service building situated on 0.66 acres in the O’Hare submarket.
The Property is 100% leased to a mix of automotive, collision, detailing, security installation, and service-related tenants. The offering gives investors the opportunity to acquire a fully occupied industrial asset with existing cash flow, annual rent increases, and limited near-term vacancy risk. The Property’s functional layout, local tenant base, and infill Cook County location make it a strong stabilized investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,000 SF
Building Class
B
Year Built
1951
Price
$2,525,000
Price Per SF
$126.25
Cap Rate
7.50%
NOI
$189,375
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.70
Lot Size
0.66 AC
Zoning
I - INDUSTRIAL
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
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
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1401-1403 N 25th Ave
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