Residential Lot with Development
For Sale
$379,000
5804 Madison Street, Morton Grove, IL 60053
6200 sq. ft. lot in desirable Morton Grove.
Property SizeContact for details
Days on Market310
Property Features for 5804 Madison Street
General Information
Standard status
Active
Property subtype
Land
Zoning
SINGL
Taxes and HOA fees
Annual Taxes
$11,187
Listing Agency:
Circle One Realty
(630) 862-5181
Listed By:
Ryan Cherney · License #471019427
(630) 862-5181
Source:
Compass
Added: Oct 8, 2025
Changed: Aug 8
Last Checked: Jul 16 at 3:55AM
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 Circle One Realty
Investment Insights
Based on property information with market context.
The property features a 6200 sq. ft. lot with an existing house. The seller offers flexibility, providing plans, permits, and drawings to either demolish the existing structure and construct a new home or renovate and expand the current building, according to the buyer's preference. Located in the desirable Morton Grove area, this large lot presents a unique opportunity for residential development.
Key Highlights
- Large 6200 sq. ft. lot in desirable Morton Grove
- Buyer's choice to tear down and rebuild or renovate existing home
- Seller provides plans, permits, and drawings
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 6200 sq. ft. lot in desirable Morton Grove.
Where is this residential land & home lot located?
The property is located at 5804 Madison Street Morton Grove, IL.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Large 6200 sq. ft. lot in desirable Morton Grove; Buyer's choice to tear down and rebuild or renovate existing home; Seller provides plans, permits, and drawings
