1501-1527 W North Ave - Freestanding FOR SALE
Melrose Park, IL 60160 |
1501-1527 W North Ave
Melrose Park, IL 60160
HIGHLIGHTS
- A 41,925 SF neighborhood strip center that was extensively renovated in Melrose Park.
- High-visibility site that sees nearly 70,000 vehicles pass daily.
- Value-add investment opportunity where the property is 61% leased to an array of national and local tenants.
- Neighboring retailers include Costco, Target, Best Buy, and Meijer.
- Nearly 193,000 people live within three miles of the property and 550,000 people within five miles.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
42K SF Value-Add Retail Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
41925
STORIES
1
YEAR BUILT
1989
SPRINKLERS
-
PARKING SPACES
94
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
12-34-403-013-0000
