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    7840-7860 Lehigh Ave Morton Grove, IL 60053

    For Sale
    Contact for pricing

    Recently constructed industrial facility with heavy duty features and parking.

    Property size:
    120,000 SF
    Lot size:
    4.43 Acres

    Property Features for 7840-7860 Lehigh Ave

    General Information

    Size
    120,000 SF
    Lot size
    4.43 Acres

    Source: SVN | Chicago Industrial Agent John Joyce

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morton Grove Industrial Facility

    This 120,000 square foot industrial facility is located in Morton Grove, IL. The property features recently constructed Class A offices with glass partitions and WiFi. Employee amenities include lunch and locker rooms, as well as a convenience and fitness center on the mezzanine level. The building is equipped with LED lighting throughout and a wet system sprinkler. Security is enhanced by CCTV systems installed throughout the site. The property has MWRD approved rainwater permeable surface throughout the entire site and no soil contamination issues. It includes floor drains, six service bays with an industrial-sized vehicle lift, and a multi-level heavy-duty racking system. The facility contains over 20 boom cranes ranging from 1-ton to 2.5-ton, and 10 overhead cranes ranging from 3-ton to 15-ton. Electrical capacity is 2000 amps, with potential for expansion due to proximity to ComEd high tension lines. Exterior features include 45 trailer parking stalls, along with multiple interior parking stalls and automotive service lifts. 80% of the roof was repaired or replaced in 2020.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morton Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.7805605
    Latitude
    42.0237912

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    FAQs

    What type of property is this?
    Manufacturing property - Recently constructed industrial facility with heavy duty features and parking.
    Where is this manufacturing property located?
    The property is located at 7840-7860 Lehigh Ave Morton Grove, IL.
    What are key features of this property?
    This property features: - Extensive Crane System: Features 20+ boom cranes and 10 overhead cranes, ideal for heavy industrial operations.; - High Power Capacity: Equipped with 2000 Amps and located next to ComEd high tension lines, allowing for power expansion.; - Ample Parking: Includes 45 trailer parking stalls and multiple interior parking stalls.
    (847) 778-1254
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7840-7860 Lehigh Ave Morton Grove, IL 60053
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