Development Opportunity For Sale - 0.68 Acre

For Sale$850,000

2023 Mannheim Road, Leyden Township, IL 60160

  • Land

Development Opportunity For Sale - 0.68 Acre, Leyden Township, IL 60160 - Land Space

Development Opportunity For Sale - 0.68 Acre is located at 2023 Mannheim Road in IL, Leyden Township, 60160. The Land building features a total of 30,000 Sqft.

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Details

  • Sale Price $850,000
  • City Leyden Township
  • Zip Code 60160
  • Market Suburban Chicago
  • Property Type Land
  • Property Size 30,000 Sqft
  • Lot Size 0.68 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated 27 Mar, 2019

Description

Development opportunity on 30,000 sf (0.68 acres) in Melrose Park.  Property is a secured lot which has been used for vehicle storage.  Rental income currently in-place.  150 feet of frontage along Mannheim Road.  Close proximity to I-290/I-294.  Resident count of 140,300 and 75,000 employees within a three mile radius.  Traffic count of 41,800 vehicles per day on Mannheim Road.  Established retail in immediate vicinity.

Highlights

  • Two entrances along Mannheim Road
  • Monthly parking income currently in-place
  • Zoning: C-4, General Commercial District
  • Real Estate Taxes: $10,232.85/yr ($0.34/sf) (2018)

Melrose Park Demographics

Population

  • Total Population25,311
  • Male Population(51.7 %) 13,093
  • Female Population(48.3 %) 12,218
  • Median Age33.90

Income/Financial

  • Average Household Income$64,001
  • Median Household Income$50,647
  • Median Income Under 25$37,969
  • Median Income 25-44$52,050
  • Median Income 45-64$57,410
  • Median Income Over 65$33,947

Attachments

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Michael Lupo

Podolsky Circle CORFAC International

Associate

(847) 444-5708

John Homsher

Podolsky Circle CORFAC International

Principal

(847) 444-5715

Alissa Adler

Podolsky Circle CORFAC International

Managing Principal/Managing Broker

(847) 444-5770