Listing provided courtesy of Century 21 CircleMREDas Distributed by MLSGrid- MLS# 12551188MLS Provider

Melrose Park, IL 60164

Vacant Land
$1,100,000 Active

Overview

Time on Site:
151 days
Visits:
0

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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Facts & Features

  • Type Vacant Land

Details

General

School Information

  • School District: 89

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Melrose Park
  • Township: Leyden

Tax Information

  • Tax Annual Amount: $50,407.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 12331080020000
  • Possible Use: Commercial,Condominium,Industrial,Liquor License,Office,Residential,Multi-Family,Retail
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: COMMR

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 130
  • Frontage Type: City Street
  • Lot Size Dimensions: 130x337
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: None

Neighborhood

Community

60164 (MELROSE PARK) Demographics

38
Median Age
4,455
Population Density (per sq. mile)
23%
College Educated
$62,427
Estimated Median Income
4,928
Estimated Total Home Owners
1,992
Estimated Total Renters
71% / 29%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

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$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$315,027
Average List Price
$286
Average Price per Square Foot
10
Properties Sold
45
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
2/3/2026Source: MRED Status Change
Active
1/29/2026Source: MRED Added to Database
January 29, 2026