Strip Shopping Center with
For Sale
$1,000,000
Pending
5644 Dempster Street, Morton Grove, IL 60053
Strip shopping center featuring eight retail storefronts and 35 rear parking spaces, with five tenants in place.
Property SizeContact for details
Days on Market343
Property Features for 5644 Dempster Street
General Information
Standard status
Pending
Total Parking Spaces
35
Property subtype
Commercial
Site & Location
Traffic Count
40,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$46,782
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1963
Tenancy
Multi
Listing Agency:
CENTURY 21 CIRCLE
(847) 967-5500
Listed By:
NICHOLAS MARINO
(847) 508-5800
Source:
Corcoran
Added: Oct 1, 2025
Changed: Sep 3
Last Checked: Aug 14 at 8:04AM
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 CENTURY 21 CIRCLE
Investment Insights
Based on property information with market context.
This strip shopping center offers a total of eight store units, with five tenants currently in place. The property includes approximately 35 parking spaces located in the rear, supporting day-to-day customer access for the retail uses.
Located on Dempster Street in Morton Grove’s Central Business District, the center is described as being about 1.5 blocks west of the I-94/Edens Highway interchange. The listing notes approximately 40,000 VPD traffic and approximately 157 feet of frontage on Dempster Street.
The configuration and frontage make the property suited for retail branding and storefront exposure along a heavily traveled commercial corridor, with parking available behind the building.
Located on Dempster Street in Morton Grove’s Central Business District, the center is described as being about 1.5 blocks west of the I-94/Edens Highway interchange. The listing notes approximately 40,000 VPD traffic and approximately 157 feet of frontage on Dempster Street.
The configuration and frontage make the property suited for retail branding and storefront exposure along a heavily traveled commercial corridor, with parking available behind the building.
Key Highlights
- 1963‑built 8‑store strip shopping center with five tenants in place
- Approximately 157 ft frontage on Dempster St in Morton Grove’s central business district
- Busy Dempster St location with approximately 40,000 VPD traffic count
Property Analytics
Property Profile
Current Use
Lease Details
40,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
33k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Shell
Shops & Services
11,246 visits/mo
0.2 miles
BP
Shops & Services
9,441 visits/mo
0.1 miles
Giordano's
Dining
5,848 visits/mo
0.3 miles
Dunkin' Donuts
Dining
2,987 visits/mo
0.2 miles
Pizza Hut
Dining
2,927 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
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Frequently Asked Questions
What type of property is this?
Strip mall - Strip shopping center featuring eight retail storefronts and 35 rear parking spaces, with five tenants in place.
Where is this strip mall located?
The property is located at 5644 Dempster Street Morton Grove, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1963‑built 8‑store strip shopping center with five tenants in place; Approximately 157 ft frontage on Dempster St in Morton Grove’s central business district; Busy Dempster St location with approximately 40,000 VPD traffic count
