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    6200-6388 Lehigh Ave Morton Grove, IL 60053

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    For Lease
    Contact for pricing

    West Cook Industrial Portfolio: 319,735 SF

    Lot size:
    319,735 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional West Cook County industrial portfolio, known as Morton Grove Corporate Park, presents a compelling investment opportunity. Comprising five single-story buildings totaling 319,735 square feet across 14.84 acres, this property offers a diverse range of spaces, from 2,928 to 121,448 contiguous square feet. Currently featuring 53 suites, with 29,649 square feet currently vacant, this park provides significant flexibility for various business needs. The property boasts 14-foot ceilings and shared exterior docks, enhancing operational efficiency. Strategically located on Oakton Street and Lehigh Avenue, it enjoys convenient access to I-94 via the Dempster Street interchange. The property is professionally managed by a full-time team, reflecting the commitment of the well-capitalized institutional ownership. The multiple suite sizes and configurations offer adaptable solutions for a wide array of tenants. The APN numbers are 10-20-300-025; 10-20-300-024; 10-20-300-018; 10-20-300-042; and 10-20-300-005, located within Cook County's West Cook submarket. This is an ideal opportunity for investors seeking a well-maintained, strategically located industrial portfolio with strong potential for growth.

    Property Features for 6200-6388 Lehigh Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    319,735 SF

    Building Details

    Buildings
    5
    Stories
    1

    Unit(s) available at that property

    Space
    6280 Oakton II
    Size
    7,944 SF
    Space
    6356 Oakton I
    Size
    3,591 SF
    Space
    6208 Oakton II
    Size
    3,591 SF
    Space
    6284 Oakton II
    Size
    2,928 SF
    Space
    6372 Oakton I
    Size
    3,655 SF
    Space
    6280, 6284 Oakton II
    Size
    10,872 SF
    Space
    Unit 6204
    Size
    3,014 SF
    Space
    6216 Oakton II
    Size
    6,205 SF

    HighLights

    • 319,735 SF industrial portfolio in Morton Grove, IL.
    • Multi‑tenant property with 53 suites totaling 319,735 square feet.
    • Largest contiguous space: 121,448 SF; 29,649 SF currently vacant.
    • Five buildings on 14.84 acres with 14' clear height ceilings.
    • Located near I‑94 interchange at Dempster St, offering convenient access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morton Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.78333853605
    Latitude
    42.026583104306

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    FAQs

    What type of property is this?
    Flex space - West Cook Industrial Portfolio: 319,735 SF
    Where is this flex space located?
    The property is located at 6200-6388 Lehigh Ave Morton Grove, IL.
    What are key features of this property?
    This property features: 319,735 SF industrial portfolio in Morton Grove, IL.; Multi-tenant property with 53 suites totaling 319,735 square feet.; Largest contiguous space: 121,448 SF; 29,649 SF currently vacant.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6200-6388 Lehigh Ave Morton Grove, IL 60053
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