Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in the Woodlake development sites (the “Property”), a collection of development parcels totaling ±4 Acre prominently located in Melrose Park, IL.

The five parcels, formerly utilized as surface parking, are prominently situated along Chicago Avenue and Lake Street between 10th and 12th Streets. The sites benefit from adjacency to two Melrose Park elementary schools, Walther Christian High School, and the 7-acre Wentland Athletic Field, which features tennis courts, baseball and football fields, and a running track.

Ranging in size from 0.30 acres to 1.54 acres, the parcels can accommodate a variety of uses, including single-tenant retail, residential townhomes, and multifamily housing. The new use will require a zoning change through the Village of Melrose Park.

Located approximately 13.5 miles west of Chicago’s Central Business District (the Loop), Melrose Park is home to several major healthcare institutions, including Woodlake Hospital, Gottlieb Memorial Hospital, and the Hines VA Medical Center. The Property also benefits from strong regional accessibility, with convenient access to Pace bus routes, UP-West Metra stations, and major highways, including I-290 and I-294, all within a 10-minute drive.