Mixed-Use Property in Melrose Park Near Lake St.
Sold
808 N. Broadway Ave.
Melrose Park, IL
Lot size: 6,600 SF - 52’ x 125’ (approx.)
Mixed-Use
The Details
- 5,880 SF mixed-use property
- Space built-out as medical center on ground floor
- Two 2 bedroom, 1 bath units on the second floor - Apartment are spacious and have been updated
- Property is receiving market rents
- Tenants pay own utilities
- Signage increases visibility
- Easy access to busy Lake St., North Ave. and expressways
- Melrose Park Metra station is one block away
- Nearby businesses: Westlake Hospital, Menards, Target, Best Buy, Marshalls, Walgreens, several shops and restaurants
- Lot size: 6,600 SF - 52’x125’ (approx.)
- Rental income: $1,900/mo
- Zoning: C
BANKRUPTCY COURT ORDERS SALE
A 5,880 SF mixed-use property in Melrose Park is available for sale. The property’s ground floor was formerly a medical office while the second floor has two, 2 bedroom, 1 bath units. Each unit is 1,400 square feet and have been updated. Tenants pay own utilities. Signage increases property’s visibility. Easy access to busy Lake Street, North Avenue and expressways. Melrose Park Metra Station is only one block away. Nearby businesses include Westlake Hospital, Menards, Target, Best Buy, Marshalls, Walgreens, several shops and restaurants.
A largely residential suburb, the Village of Melrose Park is located 13 miles from downtown Chicago.