109-119 W Grand Ave Local commercial 643 m² 89 % Loué À vendre Melrose Park, IL 60164 948 013 € (1 473,34 €/m²)

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-tenant retail center located at 109-119 W Grand Avenue in Melrose Park, Illinois (the “Property”). The retail center contains 7,936 square feet of gross leasable area on a 0.47-acre corner parcel. 109-119 W Grand Avenue is comprised of six (6) units and is 89.37% occupied by e-commerce resistant tenants and a complimentary mix of local businesses offering products and services for the surrounding community. The plaza offers a value-add opportunity through the lease up of the 736 square-foot vacant space. An investor can also add value by implementing structured leases at market rates for the month-to-month tenants. The retail center at 109–119 W Grand Avenue is prominently located along Grand Avenue, one of the area’s busiest commercial and commuter thoroughfares, less than one mile west of the I-290 interchange. The Property offers excellent visibility and frontage along Grand Avenue, with multiple points of access and ample on-site parking. It is surrounded by a strong mix of residential neighborhoods and major employers, creating a steady built-in customer base. The location benefits from its proximity to national retailers, grocery stores, and service-oriented businesses that draw consistent daily traffic. Convenient access to Interstates 290, 294, and 88, as well as multiple Pace Bus routes, further enhances connectivity to the surrounding western suburbs and the broader Chicago metropolitan area. Melrose Park is located approximately 13 miles west of Chicago’s Central Business District.