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W North Ave 4.6 Acres of Commercial Land Offered at $4,007,520 in Melrose Park, IL 60160

Commercial Land Parcels Illinois Melrose Park W North Ave, Melrose Park, IL 60160

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Investment Highlights

  • Zoned E (Commercial District) — flexible retail, medical, office, and QSR development
  • In-place infrastructure with signalized access and strong regional connectivity.
  • Surrounded by national anchors including Costco, McDonald's, Raising Cane's, and Amazon
  • POTENTIAL USES (BUT NOT LIMITED TO): Retail, automotive, car wash, commercial, grocery, medical office space, QSR, drive-thru, vet, day care, etc.

Executive Summary

8311 W North Avenue is a ±4.6-acre commercial development site in Melrose Park, one of Chicago's most established western suburbs. The property offers exceptional frontage and visibility along North Avenue (±46,800 vehicles per day) and sits just east of N 1st Avenue (±20,800 vehicles per day), with immediate access to Interstates 290 and 294 and quick connectivity to Downtown Chicago and O'Hare International Airport. Two existing curb cuts and in-place infrastructure make this a rare, ready-to-develop infill opportunity within one of the area's strongest retail corridors.

Property Facts

Price $4,007,520 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Retail
  • Carwash
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Medical
  • Storefront, Retail or Residential
  • Veterinarian or Kennel
No. Lots 1 Total Lot Size 4.60 AC
Property Type Land
Zoning E - (Commercial District)
Price $4,007,520
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Carwash
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Medical
  • Storefront, Retail or Residential
  • Veterinarian or Kennel
Total Lot Size 4.60 AC
Zoning E - (Commercial District)

1 Lot Available

Lot

Price $4,007,520 Lot Size 4.60 AC
Price Per AC $871,200.00
Price $4,007,520
Price Per AC $871,200.00
Lot Size 4.60 AC

Description

The subject property is a ±4.6-acre site located at 8311 W North Avenue in Melrose Park, Illinois, within Cook County. The parcel is currently utilized as a surface parking lot and is zoned E (Commercial District), allowing for a wide range of potential commercial uses. Positioned along North Avenue with approximately 46,800 vehicles per day and near First Avenue with an additional 20,800 vehicles per day, the site benefits from strong visibility and accessibility. The property is well-suited for a variety of uses including retail, automotive, car wash, grocery, medical office, QSR with drive-thru, office space, daycare, veterinary services, and other service-oriented applications.

1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
30/100
Source: Local Logic®

Property Taxes

Parcel Number 15-02-200-029-0000 Improvements Assessment $859,569
Land Assessment $1,374,771 Total Assessment $2,234,340

Property Taxes

Parcel Number
15-02-200-029-0000
Land Assessment
$1,374,771
Improvements Assessment
$859,569
Total Assessment
$2,234,340
(239) 249-4845

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 40942470

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: W North Ave, Melrose Park, IL 60160

The Land Property at W North Ave, Melrose Park, IL 60160 is currently available for Sale. Contact CBRE for more information.

LAND PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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