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Active - Mixed Use for sale

Melrose Park, IL

Facts & features

Mixed Use Property type
64 days on Beycome
1890 Year built
2,813 sqft Lot size

Why you’ll love it

NOW AVAILABLE THIS MIX USE, 2 UNIT PROPERTY INCLUDES A WELL KNOWN RESTAURANT " EL PATIO " LOCATED ON A BUSY CORNER LOT. APPROXAMENTLY 4900 VEHICLES PER DAY OF TRAFFIC + HUNDREDS OF LOCAL FOOT TRAFFIC FROM LOCAL NEIGHBORS AND POTENTIAL CUSTOMERS. THE 1ST FLOOR INCLUDES A FULLY EQUIPED RESTAURANT WITH ALL KITCHEN NECESSTIES INCLUDING: DISHES, PANS, STOVES, FLAT TOP GRILL, 5 FRIDGES, PREP STATIONS, VARIOUS TABLES AND CHAIRS, 5 FLAT SCREEN TVS, 2AM LAST CALL ON PREMISES RESTAURANT LIQOUR LICENSE, A MODERN DESIGN AND LOTS MORE. NO INVENTORY INCLUDED. THE 2ND FLOOR APARTMENT OFFERS 3 BEDROOMS, 1 FULL BATHROOM, IN UNIT LAUNDRY, UPDATED KITCHEN AND BATHROOM, FRESH PAINT AND A SPACIOUS LAYOUT. NIEGHBORING LOT LOCATED AT 8 N 19TH AVE IS AVAILABLE FOR ADDITIONAL COST/NOT INCLUDED! A TONS OF POTENTIAL. LOCATED ON A BUSY STREET SHOPPING CENTER WITH TONS OF ATTRACTIVE STORES GREAT FOR GROWING A CLIENTELE, REGULAR CUSTOMERS AND LOTS OF BUSINESS. LOCATED A SHORT DISTANCE FROM, NORTH AVE, MELROSE PARK METRA STOP, 290, 40 MINUTES TO DOWNTOWN CHICAGO, 20 MINUTES TO OHARE, CLOSE TO GOOD SCHOOLS, NICE PARKS, PLENTY OF GROCERY STORES, SHOPPING CENTERS AND LOTS MORE. CONTACT AGENT DIRECTLY FOR MORE INFORMATION OR TO BOOK A PRIVATE TOUR!

Translating description...

Listings courtesy of RE/MAX Partners as distributed by MLS GRID.

Listed by: Fernando Villa Roman • RE/MAX Partners

Co-listed by: RE/MAX Partners

Source: MRED as distributed by MLS GRID, MLS#: 12757747 MRED as distributed by MLS GRID logo

Based on info available as of Nov 14, 2026 at 5:23 PM EST.

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Affordability

$315,000$655,000
1%20%
0%90%
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Estimated monthly payment

$3,489/mo

  • Mortgage$2,452
  • Property tax$1,037
  • HOA fee
  • Homeowners insurance
Due at closing$385,496
Down payment held in escrow$96,980
Closing costs$7,274
beycome credit Est.$9,698

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$9,698 Credit back

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Travel times

About Melrose Park

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 14, 2026 at 05:23pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$484,900 Listed price

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$9,698 Credit back

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