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Melrose Crossing 1903-2029 N Mannheim Rd 138,214 SF 67% Leased Retail Building Melrose Park, IL 60160 For Sale

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Investment Highlights

  • Strong Performing National Anchors with Exceptional Shadow Anchors
  • Service-Oriented Tenant Mix with Long Operating History
  • Irreplaceable Location Along a Highly Trafficked Intersection
  • Value-Add Opportunity with 24,840 Square Feet of Available Space
  • Recent Commitment from Secretary of State
  • Locational Advantage in Distribution Hub

Executive Summary

CBRE is pleased to present the opportunity for qualified investors to acquire Melrose Crossing, 138,214-square-foot shopping center located at the highly active intersection of North Avenue and Mannheim Road. Melrose Crossing boasts a dominant line-up of national anchors including Harbor Freight, dd’s discounts, Planet Fitness, and Dollar Tree. The Property further benefits from its attractive shadow co-tenancy with Tony’s Fresh Market, Burlington, and T.J. Maxx.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
138,214 SF
Building Class
B
Year Built
1986
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.27
Lot Size
11.63 AC
Zoning
C, Melrose Park - Commercial
Parking
650 Spaces (4.7 Spaces per 1,000 SF Leased)

Amenities

  • Banking
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
  • Air Conditioning

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Dollar Tree, Inc. is a major North American discount retailer headquartered in Chesapeake, Virginia. The company operates a large network of small-format stores across the United States and Canada, offering low-priced consumables, household goods, seasonal merchandise, health and beauty products, and snacks. Dollar Tree is widely recognized for its fixed-price strategy, selling most products at a set low price point through its Dollar Tree banner, while its Family Dollar banner offers everyday low-cost merchandise across variable price ranges. Corporate operations at the Chesapeake headquarters oversee merchandising, supply chain, marketing, finance, human resources, and real estate activities supporting thousands of stores nationwide. Dollar Tree emphasizes convenience, value, and efficient distribution, with additional support from multiple distribution centers throughout North America.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Planet Fitness is a public fitness center franchisor and operator headquartered in Hampton, New Hampshire. The company was founded in 1992 and operates within the health and fitness industry, focusing on affordable gym memberships and standardized club formats. Planet Fitness develops, franchises, and operates branded fitness centers that provide cardio, circuit training, and strength equipment, as well as limited in-club instruction. The company’s business model is centered on franchising, with most locations operated by independent franchisees rather than corporate ownership. Planet Fitness supports franchise operations through centralized brand management, equipment sourcing, marketing, and operational systems. Over time, the brand has expanded its footprint beyond the United States into select international markets. Planet Fitness became a publicly traded company in 2015 and is listed on the New York Stock Exchange under the ticker symbol PLNT. In 2024, the company experienced a leadership transition with the appointment of a new chief executive officer. Planet Fitness has also continued to refine its club formats and equipment offerings to support a broader range of fitness preferences. From a real estate perspective, Planet Fitness locations typically occupy large-format retail, power center, or freestanding spaces, with an emphasis on visibility, parking availability, and flexible interior layouts suited to fitness equipment and member circulation.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000
Arts, Entertainment, and Recreation - - Lorem Ipsum Jan 0000

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 3,000 SF
  • Retail
  • In-Line
  • Now

3,000 square foot retail space available for lease.

  • 1933
  • 4,028 SF
  • Retail
  • In-Line
  • Now

4,028 square foot retail space available for lease.

  • 2003-05
  • 3,000 SF
  • Retail
  • In-Line
  • Now

3,000 square foot retail space available for lease.

  • 2007
  • 3,389 SF
  • Retail
  • In-Line
  • Now

3,389 square foot retail space available for lease.

  • 2009
  • 1,116 SF
  • Retail
  • In-Line
  • Now

1,116 square foot retail space available for lease.

  • 2011
  • 1,955 SF
  • Retail
  • In-Line
  • Now

1,955 square foot retail space available for lease.

  • 2013
  • 5,996 SF
  • Retail
  • In-Line
  • Now

5,996 square foot retail space available for lease.

  • 2015
  • 1,100 SF
  • Retail
  • In-Line
  • Now

1,100 square foot retail space available for lease.

  • 2019-21
  • 2,109 SF
  • Retail
  • In-Line
  • Now

2,109 square foot retail space available for lease.

Space Size Space Use Position Available
1st Floor 3,000 SF Retail In-Line Now
1933 4,028 SF Retail In-Line Now
2003-05 3,000 SF Retail In-Line Now
2007 3,389 SF Retail In-Line Now
2009 1,116 SF Retail In-Line Now
2011 1,955 SF Retail In-Line Now
2013 5,996 SF Retail In-Line Now
2015 1,100 SF Retail In-Line Now
2019-21 2,109 SF Retail In-Line Now

1st Floor

Size
3,000 SF
Space Use
Retail
Position
In-Line
Available
Now

1933

Size
4,028 SF
Space Use
Retail
Position
In-Line
Available
Now

2003-05

Size
3,000 SF
Space Use
Retail
Position
In-Line
Available
Now

2007

Size
3,389 SF
Space Use
Retail
Position
In-Line
Available
Now

2009

Size
1,116 SF
Space Use
Retail
Position
In-Line
Available
Now

2011

Size
1,955 SF
Space Use
Retail
Position
In-Line
Available
Now

2013

Size
5,996 SF
Space Use
Retail
Position
In-Line
Available
Now

2015

Size
1,100 SF
Space Use
Retail
Position
In-Line
Available
Now

2019-21

Size
2,109 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 3,000 SF
Space Use Retail
Position In-Line
Available Now

3,000 square foot retail space available for lease.

1933

Size 4,028 SF
Space Use Retail
Position In-Line
Available Now

4,028 square foot retail space available for lease.

2003-05

Size 3,000 SF
Space Use Retail
Position In-Line
Available Now

3,000 square foot retail space available for lease.

2007

Size 3,389 SF
Space Use Retail
Position In-Line
Available Now

3,389 square foot retail space available for lease.

2009

Size 1,116 SF
Space Use Retail
Position In-Line
Available Now

1,116 square foot retail space available for lease.

2011

Size 1,955 SF
Space Use Retail
Position In-Line
Available Now

1,955 square foot retail space available for lease.

2013

Size 5,996 SF
Space Use Retail
Position In-Line
Available Now

5,996 square foot retail space available for lease.

2015

Size 1,100 SF
Space Use Retail
Position In-Line
Available Now

1,100 square foot retail space available for lease.

2019-21

Size 2,109 SF
Space Use Retail
Position In-Line
Available Now

2,109 square foot retail space available for lease.

Nearby Major Retailers

Food 4 Less
Fifth Third Bank
Hooters
Starbucks

Property Taxes

Property Taxes

Parcel Number
12-33-301-024-0000
Land Assessment
$2,215,955
Improvements Assessment
$1,527,145
Total Assessment
$3,743,100
  • Listing ID: 36737830

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 1903-2029 N Mannheim Rd, Melrose Park, IL 60160

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