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23878335
23878336

1501 W North Ave, Melrose Park, IL 60160

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AR
IL 475156642
Frontline Real Estate Partners
ZP
IL 475168541
Frontline Real Estate Partners
AP
IL 475181270
Frontline Real Estate Partners
Listed by Frontline Real Estate Partners
Unpriced
356 days on market
Updated 25 days ago

1501-1527 West North Avenue

Details
Property Type Retail
Sub Type Commercial
Square Footage 41,925
Tenancy Multi
Year Renovated 2011
Parking Spaces 94 spaces
Parking Per SqFt 2.24

Retail | 41,925 SqFt

Marketing description

Silo Square is a multi-tenant retail center located in west suburban Melrose Park. The building was renovated in 2011 and consists of approximately 42,000 SF. Tenants at the building include H&R Block, Subway, #1 Nails, Hanna’s Gaming, Foremost Liquors, Alshaam Mediterranean Restaurant, Tiffany's Bistro and Big Cloud Vape & Tobacco. There are four (4) vacancies at the center ranging from 1,860 - 8,600 SF. The center features excellent frontage along North Avenue (277’), and dual-sided pylon signage at the corner of the signalized intersection at North Avenue & 15th Avenue (Approx. 48,000 VPD). Neighboring retailers include Costco, Target, Jewel-Osco, Cermak Fresh Market, ALDI, Cinemark Melrose Park, Walgreens, Best Buy, Carters, Foot Locker, Burlington, Ross Dress 4 Less. Marshalls, Five Below, Dollar Tree, AutoZone Auto Parts, O’Reilly Auto Parts, Wendy’s, Taco Bell, Raising Cane’s, Panda Express, Chipotle and Starbucks, among many other national retailers.

The multi-tenant retail center is located at the northwest corner of the North Avenue & 15th Avenue signalized intersection in Melrose Park, Cook County, Illinois. Melrose Park is a western suburb of Chicago and features strong demographics with over 185,000 people within three (3) miles of the Property and an average household income of over $90,000 within three (3) miles. The Property is conveniently located four (4) miles from O’Hare International Airport and 3.5-miles from the Interstate-290/294 interchange. The Property is well located in Melrose Park’s primary trade area at the corner of North Avenue & 15th Avenue providing exposure and visibility to approximately 48,000 VPD. Neighboring retailers include Costco, Target, Jewel-Osco, Cermak Fresh Market, ALDI, Cinemark Melrose Park, Walgreens, Best Buy, Carters, Foot Locker, Burlington, Ross Dress 4 Less. Marshalls, Party City, Five Below, Dollar Tree, AutoZone Auto Parts, O’Reilly Auto Parts, Wendy’s, Taco Bell, Raising Cane’s, Panda Express, Chipotle and Starbucks, among many other national retailers.

Investment highlights

  • Conveniently located in Melrose Park's primary trade area at the corner of North Avenue & 15th Avenue
  • Large parking lot totaling 94-surface level spaces
  • Excellent frontage along North Avenue (277'), and dual-sided pylon signage at the corner of the North Avenue & 15th Avenue signalized intersection providing exposure and visibility to approximately 48,000 VPD

Listing Contacts

MT
IL IL 481011744, IL 475155035
Frontline Real Estate Partners
AR
IL 475156642
Frontline Real Estate Partners
ZP
IL 475168541
Frontline Real Estate Partners
AP
IL 475181270
Frontline Real Estate Partners
Listed by Frontline Real Estate Partners

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Additional Information

Name
Matthew Tarshis
License
IL 481011744
Brokerage
Frontline Real Estate Partners, LLC
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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