Lots and Land: MLS #12551188 Melrose Park, IL $ 1,100,000
Lots and Land: MLS #12551188
$ 1,100,000
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Lots and Land: MLS #12551188

Melrose Park, IL, 60164
$ 1,100,000
Baths0.0

Monthly Estimate*

$ 6,773

MLS #/Web ID: 12551188 - Image 1
MLS #/Web ID: 12551188 - Image 2
MLS #/Web ID: 12551188 - Image 3
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MLS #/Web ID: 12551188 - Image 8
Studio

Lots and Land for sale in Melrose Park, IL

for $1,100,000.

Unincorporated Melrose Park section/Cook County Jurisdiction. , strategically located on Mannheim Road between Grand Ave./Fullerton Ave., this 43,800 Sq. ft. vacant parcel offers an exceptional development opportunity in the heart of Melrose Park's primary business corridor. Approximately 130 feet of frontage along Mannheim Road, a major north-south arterial serving the western Chicago suburbs and known for its high traffic counts and strong commercial presence. Zoned B-2 and B-3, the property allows for a wide range of commercial and mixed-use development options, with a detailed list of permitted uses available under the Additional Information section. The property is surrounded by established and newly developed commercial uses, including Dunkin', McDonald's, and numerous national and local retailers, reinforcing the area's strong consumer draw. The immediate vicinity benefits from a dense residential and commercial population base, supporting retail, service, and business-oriented development. Accessibility is a key advantage, with steps to public transportation, nearby bus routes, and convenient access to major roads and interstate highways. The area is further supported by regional infrastructure, including a nearby Illinois Secretary of State / DMV facility, local manufacturing operations, a packaging supply company, and a DHL logistics facility within the broader Melrose Park market. Additional transit connectivity is provided by Metra rail service on the UP-West Line in nearby Bellwood. Highly visible, well-positioned site offers outstanding exposure, connectivity, and zoning flexibility, making it ideal for retail, service, mixed-use, or transportation-oriented development in one of the most active commercial corridors in the western suburbs of Chicago.

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Lots and Land Active

Price

$ 1,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 50,407

Style

Commercial

Town/City

Melrose Park

County/Region

Cook

MLS | Web ID

12551188

Features
General
Utilities None
Possession Closing
Zoning COMMR
Township Leyden
Tax Year 2024
Current Use Commercial
Ownership Fee Simple
County Cook
Property Type Land Land
Possible Use Commercial Condominium Industrial Liquor License Office Residential Multi-Family Retail
Status New
Directions Between Grand Ave. and Fullerton Ave. Traffic lights. East side of Mannheim Rd. at Lyndale Ave. before Fullerton Ave. traffic light.
City Melrose Park
High School District 89
MLS Area Melrose Park
Tax Annual Amount 50407
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 89
Elementary School District 89
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Exterior
Total Parking 0
Lot Dimensions 130x337
Road Surface Type Asphalt
Frontage Length 130
Frontage Type City Street
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Century 21 Circle

Broker

mark@chicagorealestatemarkets.com

Email

Affordability Calculator

$10,973
Per Month
62%
38%
0%
Monthly Principal & Interest
$6,773
Monthly Property Taxes
$4,201
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566233 Elementary School
567139 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2026$1,100,000 Listed Price

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