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Corner Mixed-Use Property
For Sale
$749,900

6950 Dempster Street, Morton Grove, IL 60053

Five-lot site with a building requiring work or tear-down.

Property SizeContact for details
Days on Market339

Property Features for 6950 Dempster Street

General Information

Standard status Active
Property subtype Commercial

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $17,128

Building Details

Year Built 1948
Stories 2
Listing Agency: TGZ Realty Group
Listed By: Gemini Tamondong
Source: Cavanaghrealty
Added: Sep 8, 2025 Changed: Aug 9 Last Checked: Aug 11 at 2:53PM

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 TGZ Realty Group

Investment Insights

Based on property information with market context.

This mixed-use property includes a building constructed in 1948 and positioned on a corner at Dempster Street and Waukegan Road in Morton Grove. The structure requires work or may be removed for redevelopment.

The property comprises 5 lots and is adjacent to a vacant lot that is also offered for sale. The property information identifies potential applications including business space, multifamily dwellings, condominiums, and retail stores.

Key Highlights

  • Corner location at Dempster Street and Waukegan Road
  • 5‑lot mixed‑use property
  • 1948 building requiring work or tear‑down

Property Analytics

Current Use

Sunrise Hospice Care ... Nursing Home Allstate Insurance Agent: ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Restaurant Hair Salon

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

956
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Five-lot site with a building requiring work or tear-down.
Where is this mixed-use property located?
The property is located at 6950 Dempster Street Morton Grove, IL.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Corner location at Dempster Street and Waukegan Road; 5‑lot mixed‑use property; 1948 building requiring work or tear‑down
More about this property
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