For Sale

Melrose Crossing | Melrose Park, IL

Asking Price: $12,290,000 | Cap Rate: 9.5%

  • Net Operating Income: $1,167,935
  • Weighted Avg. Lease Term (WALT): 5.5 Years
  • Lease Type: Net

Property Highlights

  • High barrier to entry in dense urban area with over 139,000 people within a 3-mile radius
  • Immediately off two high traffic thoroughfares North Avenue & Mannheim Road with traffic counts of 95,000 VPD
  • High daytime population within the immediate area, close proximity to the area’s largest employers: Navistar, Dr. Pepper Snapple Group, DHL, Jewel-Osco Distribution
  • Close proximity to numerous nationally recognized retailers including; TJMaxx, Tony’s Finer Foods, Burlington, Menards, Walmart, Sam’s Club, Home Depot, and more