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1801 North Ave Melrose Park, IL 60160

30,000 SF Fast Food Restaurant, Drive-Thru Potential

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 30,000 square foot retail property, located at 1801 W North Ave in Melrose Park, Illinois (zip code 60160), presents a unique investment opportunity. The property is zoned for commercial use and specifically permits drive-thru operations, making it ideally suited for quick-service restaurants or similar businesses. Boasting excellent visibility from the highly trafficked North Avenue, this location ensures significant exposure to potential customers. The site itself encompasses 30,000 square feet, offering ample space for development and operations. In addition to the 21,000 square feet of main building space, there is approximately 9,000 square feet of leasable and improvable space associated with an Illinois Department of Transportation (IDOT) easement. The property's 2020 annual taxes were $38,425. This prime location in Cook County, Illinois, offers exceptional access and high visibility, making it an attractive proposition for investors seeking a strong return on investment in a thriving commercial area. The property's size and zoning make it suitable for a variety of fast-food and quick-service restaurant concepts. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential.

Highlights

  • High visibility from heavily trafficked North Avenue.
  • Excellent access, suitable for drive-thru development.
  • Annual property taxes: $38,425 (2020).
  • 21,000 SF building plus approximately 9,000 SF of leasable/developable IDOT easement.

Property Details for 1801 North Ave

Property type
Retail properties
Square Feet
30,000 SF

Location Insight

City
Melrose Park
County
Cook
State
Illinois
Latitude
41.908066658165
Longitude
-87.855810048021

FAQs

What type of property is this?
Retail property - 30,000 SF Fast Food Restaurant, Drive-Thru Potential
Where is the retail property located?
The property is located at 1801 North Ave Melrose Park, IL.
What are key features of this property?
This property features: High visibility from heavily trafficked North Avenue.; Excellent access, suitable for drive-thru development.; Annual property taxes: $38,425 (2020).
How can I contact the broker?
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1801 North Ave
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