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    Morton Grove Commercial Property For Sale
    Updated: Oct 10, 2024
    Morton Grove Commercial Property For Sale

    8150 Lehigh Ave, Morton Grove, IL 60053

    $3,999,000
    37,666 sqft
    No property information provided.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    8150 Lehigh Ave, Morton Grove, IL 60053

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    • Est. Cap Rate

      4.9%
      NOI ÷ price

    • Est. NOI

      $197K
      Annual

    • Mortgage

      $18M
      Jun 2016

    • Property Type

      Industrial (General)
      Built 1989
    View Property Analytics
    Morton Grove Commercial Flex Property
    Updated: Feb 25
    Morton Grove Commercial Flex Property

    8430 Waukegan Rd, Morton Grove, IL 60053

    $649,000
    6,959 sqft 0.27 AC lot
    High population density (431,588 within 5 miles) and affluent demographics (average household income of $119K).
    Versatile 6,959 SF single‑story building suitable for commercial, warehouse, office, or flex space.
    Includes an extra parcel of land for parking.
    Features one drive‑in door for convenient access.
    Located in Morton Grove, minutes from Dempster Street.
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Industrial Warehouse with Office
    Industrial Warehouse with Office

    6465 N Avondale Avenue, Chicago, IL 60631

    $2,495,000
    49,000 sqft

    Industrial property includes 15,713 SF office space and a 33,287 SF warehouse with 12' clear height.

    View details
    Multi-Building Office and Retail
    Multi-Building Office and Retail

    6731-6733 N Lincoln Avenue, Lincolnwood, IL 60712

    $3,950,000
    0.34 AC lot

    Two-building Lincolnwood property includes a 2-story office and adjacent 1-story retail/warehouse with front and rear parking.

    View details
    Newly Redeveloped Warehouse
    Newly Redeveloped Warehouse

    7200 S Cicero Ave, Chicago, IL 60629

    Contact for pricing
    81,798 sqft

    Newly redeveloped SamsBeauty Warehouse available in fee simple, positioned for co-tenancy with major retailers along Cicero Avenue.

    View details
    Freestanding Flex and Industrial Building
    Freestanding Flex and Industrial Building

    6445 Hamlin Ave, Lincolnwood, IL 60712

    Contact for pricing

    Single-tenant freestanding building with strong front and rear parking, totaling 9,760 square feet and potentially divisible.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Orland Park Industrial Land Available
    Orland Park Industrial Land Available

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.1 acre industrial land for sale in Orland Park.

    View details
    Orland Park Commercial Parcel
    Orland Park Commercial Parcel

    15459 S 70th Court, Orland Park, IL 60462

    $449,900
    1.10 AC lot

    1.01-acre commercial parcel in Orland Park's Business District.

    View details
    Multi-Use Development Land Parcel
    Multi-Use Development Land Parcel

    1 Reighmoor Road, Omro, WI 54963

    $322,140
    20.14 AC lot

    A large development parcel with options for residential lots, storage units, or light-commercial flex space.

    View details
    Dubuque Light Industrial Land
    Dubuque Light Industrial Land

    10 S Main Street, Dubuque, IA 52001

    $94,259

    Light industrial land available near major highways in Dubuque, Iowa.

    View details

    Off-Market Properties in Morton Grove, IL

    Consider similar Off-Market properties in Morton Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6200-6388 Lehigh Ave
    Flex space

    6200-6388 Lehigh Ave, Morton Grove, IL 60053

    Value Estimation by Request
    319,735 sqft 14.84 AC lot
    View details

    Morton Grove, IL Flex Space Market Trends and Statistics

    Explore 3 flex space for sale in Morton Grove, IL on our real estate platform. These investment opportunities span a total of 44,625 square feet of properties for sale, with an estimated market value of $4,648,000.

    Sale prices for business spaces in Morton Grove, IL start at $649,000, averaging $2,324,000, and reaching up to $3,999,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 6
    Manufacturing properties 3
    Distribution centers 1
    Truck terminals 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +6.2%
    Median Household Income $106,078
    College Educated 72.3%

    High-Yield Neighborhoods for Investment

    Identify Morton Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60053 $2.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Morton Grove fall within the 50,000 to 100,000 square foot range.

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