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1511-1515 W Lake St
Melrose Park, IL 60160
Retail Property in Melrose Park · Retail Property For Sale
Investment Highlights
- Property sits on a high traffic street with excellent visibility.
- This corner situated property his minutes for O’Hare International Airport.
- Location has easy access to public transportation with 2 transit stops less than a mile away.
- Property is located in a popular district with a reported 822 established businesses within a mile radius.
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,615 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.13 AC
Parking
25 Spaces (5.35 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Commuter Rail
- Corner Lot
- Signage
- Air Conditioning
About 1511-1515 W LAKE ST , MELROSE PARK, IL 60160
Ideally for retail opportunity! Retail, boutique, restaurant, child care, etc. Great location! 3 stores front currently used as offices. Opportunity to expand. There is 20-25 parking spaces available on the back of the building. High vehicle count street and pedestrian traffic. Surrounded by residential neighborhood. Walking distance to shops, restaurants and retailers. Property Sold AS IS. Buyer is responsible for village repairs.
Property Taxes
| Parcel Number | 15-10-201-006-0000 | Improvements Assessment | $27,075 |
| Land Assessment | $16,142 | Total Assessment | $43,217 |
Property Taxes
Parcel Number
15-10-201-006-0000
Land Assessment
$16,142
Improvements Assessment
$27,075
Total Assessment
$43,217
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