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Morton Grove Residential Lot
For Sale
$379,000

5804 Madison Street, Morton Grove, IL 60053

Land, Morton Grove, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market176

Property Features for 5804 Madison Street

General Information

Property type Land
Property subtype Other
Zoning SINGL
Elementary school Thomas Edison Elementary School
Middle school Lincoln Junior High School
High school Niles West High School
Elementary school district 69
Middle school district 69
High school district 219
Directions Take East Touhy Ave. from I-294 North, Take Oakton St. to Madison St. in Morton Grove to Property.
Subdivision Morton Grove
Standard status Active
APN 10204060400000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11187

Utilities

Heating system Natural Gas
Listing Agency: Circle One Realty
Listed By: Ryan Cherney · License #471019427
Added: Feb 25 Changed: Aug 20 Last Checked: Aug 20 at 3:06PM
MLS# 12577093

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property features a 6200 sq. ft. lot with an existing house. Located in Morton Grove, Illinois, the property offers the buyer a choice to either tear down the existing structure and rebuild or renovate and add to the existing home. The seller will provide plans, permits, and drawings to facilitate either option. The lot is located in a desirable area of Morton Grove.

Key Highlights

  • Large 6200 sq. ft. lot in desirable Morton Grove.
  • Seller provides plans, permits, and drawings.
  • Buyer's choice to tear down and rebuild or renovate existing home.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Catering Service Cafe & Coffee Shop Veterinary Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - 6200 sq ft lot with existing house.
Where is this land 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.; Seller provides plans, permits, and drawings.; Buyer's choice to tear down and rebuild or renovate existing home.
More about this property
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