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Property profile & analytics

5901 Dempster St Morton Grove, IL 60053-3014

  • Office Properties & Spaces
OFF-MARKET
Last Sale
Feb 02, 2024
$917,500
Value Estimations
$920,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-2854257
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Pure Platform / Video Production Service
  • Ted J Heinz Ltd / Dentist
  • Dental Clinic of Morton Grove / Dentist
  • Low Office / Attorney Referral Service
  • Law Office of David Butbul / Attorney

Property Details for 5901 Dempster St

Property type
Office Properties & Spaces
APN
10-20-200-043-1002
APU
10202000431002

Description

This exceptional investment opportunity features four meticulously maintained Class A office condominiums located at 5901 Dempster St, Morton Grove, IL 60053. Built in 2009 and renovated in 2015, this single, two-story building sits on a half-acre lot (APN: 10-20-200-043-1001, 10-20-200-043-1002, 10-20-200-043-1007, 10-20-200-043-1004) and is zoned C-1. Units range from 920 to 1,950 square feet, offering flexibility for various business needs. Currently, three units are available: one vacant unit (1,315 sq ft), one occupied under a sale-leaseback agreement, and one owner-occupied unit. The building enjoys a prime location in downtown Morton Grove, boasting excellent ingress/egress and high visibility with over 33,000 vehicles passing daily. This is a unique opportunity to acquire a professional-grade property in a highly desirable area


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $920,000
    ML approach
    $920,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Morton Grove
County
Cook
State
Illinois
Longitude
-87.7744
Latitude
42.0406
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$31,945
$38,812
$77,262
$116,074
-
$155,248
$309,048
$464,296
More about this property
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