Single-Tenant Retail
For Sale
Contact for pricing
Pending
5990 Dempster Street, Morton Grove, IL 60053
Single-tenant Giordano’s storefront offered with a recently extended modified gross lease for five years.
Days on Market10
Property Features for 5990 Dempster Street
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
170,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
JLL - New York City, New York
(312) 327-5422
Listed By:
Alex Geanakos · License #IL: #475.189621
Source:
Crexi
Added: Jul 21
Changed: Jul 22
Last Checked: Jul 29 at 8:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - New York City, New York
Investment Insights
Based on property information with market context.
JLL is pleased to offer for sale the fee-simple interest in a single-tenant Giordano’s retail property in Morton Grove, Illinois. The asset is leased on a modified gross basis, and Giordano’s recently extended the lease for five years with a 10 percent rental escalation. The lease extension leaves another five-year option remaining.
The property is positioned along Dempster Street in a dense retail corridor on the evening commute side of the road just west of the Dempster Exit off Interstate 94, with over 170,000 VPD cited in the remarks.
As a single-tenant investment, the offering provides ownership of a proven Giordano’s location with a recently extended lease in place.
The property is positioned along Dempster Street in a dense retail corridor on the evening commute side of the road just west of the Dempster Exit off Interstate 94, with over 170,000 VPD cited in the remarks.
As a single-tenant investment, the offering provides ownership of a proven Giordano’s location with a recently extended lease in place.
Key Highlights
- Fee‑simple interest in a single‑tenant Giordano’s storefront in Morton Grove, IL.
- Lease recently extended for five years with 10% rental escalation; another five‑year option remains.
- Modified gross lease structure.
Property Analytics
Current Use
Lease Details
170,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 54%
Shops & Services 46%
McDonald's
Dining
22,152 visits/mo
0.4 miles
Shell
Shops & Services
11,246 visits/mo
0.5 miles
BP
Shops & Services
9,441 visits/mo
0.5 miles
Giordano's
Dining
5,848 visits/mo
0.1 miles
Dunkin' Donuts
Dining
2,987 visits/mo
0.1 miles
Demographics for 60053, IL
25,297
Population
9,546
Households
2.7
Avg Household Size
45
Median Age
52%
College-Educated
90%
High-School Grad
5.1 sq mi
ZIP Area
4,960
Density / Sq Mi
$106,078
Median Household Income
$61,315
Median Earnings
$2,210
Median Rent
$377,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant Giordano’s storefront offered with a recently extended modified gross lease for five years.
Where is this retail space located?
The property is located at 5990 Dempster Street Morton Grove, IL.
What are key features of this property?
This property features: Fee‑simple interest in a single‑tenant Giordano’s storefront in Morton Grove, IL.; Lease recently extended for five years with 10% rental escalation; another five‑year option remains.; Modified gross lease structure.
