Silo Square

Investment Overview

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. 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.

Investment Highlights

• Rare opportunity to acquire a positive cash flowing retail center with the ability to add value through leaseup
• Conveniently located in Melrose Park’s primary trade area at the corner of North Avenue & 15th Avenue
• Seven (7) of the 10 tenants are on NNN leases
• 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