Tag: Melrose Park

Business, Real Estate

Melrose Park Industrial Building Sells For $4.3M

Wednesday, February 13, 2019 || By Local News Curator || @maywoodnews

Featured image: 2525 Armitage Avenue in Melrose Park, which recently sold for $4.3 million. | Google Earth

A roughly 229-000-square-foot industrial building that’s located on nine acres at 2525 Armitage Avenue in Melrose Park recently sold for $4.3 million, according to a report published in January by RE Journals, a leading commercial real estate trade publication.

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Breaking News, Business, Economic Development

Melrose Park Annexes Maywood Park Racetrack, Plans To Redevelop Site

Wednesday, February 6, 2019 || By Michael Romain || @maywoodnews

The shuttered Maywood Park Racetrack, which is scheduled to be demolished later this year. | Courtesy Cushman & Wakefield

Melrose Park officials announced last month that the village has annexed the Maywood Park Racetrack located at 8600 W. North Ave., which closed in 2015 after filing a Chapter 11 bankruptcy, making way for a major redevelopment of the site that would entail demolishing some structures on the property.

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Business

$6.5M Truck Parking Facility Proposed For Melrose Park

Saturday, January 12, 2019 || By Local News Curator || @maywoodnews

According to a Jan. 7 article in RE Journals, an industry magazine for Midwestern commercial real estate, a developer is looking to build a truck parking facility in Melrose Park.

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