Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    8150 Lehigh Ave Morton Grove, IL 60053

    Sponsored
    For Sale
    $4,250,000

    Prime 37,666 SF Office & Warehouse Space

    Property size:
    37,666 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Morton Grove property, located at 8150 Lehigh Ave, 60053, offers a unique blend of executive office and warehouse space, totaling 37,666 square feet. The asking price is $4,250,000. The building features two dock-high doors, facilitating efficient loading and unloading, and boasts a substantial 23.6-foot ceiling height in the warehouse area, ideal for various industrial uses. The warehouse also includes heated floors, a significant advantage in colder climates. Ample parking is available on-site, addressing the needs of employees and clients. Further enhancing its versatility, the property includes valuable outdoor storage space, providing additional capacity for inventory or equipment. The property is classified as both Office and Industrial, and specifically as Executive Office and Warehouse, making it suitable for a wide range of businesses seeking a combined office and warehouse solution. Its location in Cook County, Illinois, offers convenient access to major transportation routes and a thriving business community. The property's showroom space adds to its appeal, providing a dedicated area for product displays or client presentations. This is a rare opportunity to acquire a substantial and well-equipped property in a desirable location.

    Property Features for 8150 Lehigh Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    37,666 SF

    HighLights

    • Modern Showroom Space ideal for product display and client meetings.
    • Warehouse features efficient in‑floor radiant heating.
    • Ample on‑site parking available for employees and customers.
    • Secure outdoor storage area for equipment or inventory.
    Property Profile Location Intelligence

    Current Use by Public Records

    Evolution Cleaning Service House Cleaning Service Egret Badminton Morton ... Badminton Club Crawford Supply Plumbing Supply Store Charger Water Treatment ... Water Softening Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair 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
    -87.7837887
    Latitude
    42.0306574

    Nearby Similar for Sale

    • $199,000

      Retail Space in Morton Grove

      Retail space in high-traffic Morton Grove commercial district.
      7182 Dempster St, Morton Grove, IL 60053
      View Details
    • $454,900
      Pending

      Morton Grove Residential Income Property

      Non-conforming two-unit property with updated features in Morton Grove, IL.
      8535 Callie Ave, Morton Grove, IL 60053
      View Details
    • $4,100,000
      0.29 Acres

      Red Roof Inn Near Chicago

      53-room hotel near O'Hare and Chicago attractions.
      9424 Waukegan Rd, Morton Grove, IL 60053
      View Details
    • $4,100,000
      0.86 Acres

      Super 8 Hotel Near Chicago

      40-room hotel near major roads, airport, and Chicago attractions.
      9110 Waukegan Rd, Morton Grove, IL 60053
      View Details
    • $3,000,000
      31,000 SF

      Morton Grove Industrial Facility

      31,000 SF industrial property in North Grove Corporate Park.
      8130 River Dr, Morton Grove, IL 60053
      View Details
    • $265,000

      Updated End Unit Apartment

      Immaculately kept 2 bed, 2 bath apartment with western exposure.
      8630 Waukegan Rd, Morton Grove, IL 60053
      View Details
    • Contact for pricing
      120,000 SF

      Morton Grove Industrial Facility

      Recently constructed industrial facility with heavy duty features and parking.
      7840-7860 Lehigh Ave, Morton Grove, IL 60053
      View Details
    • $2,590,000
      14,510 SF

      Retail Property on Dempster Street

      Retail space for sale in thriving Near North neighborhood.
      5804 Dempster St, Morton Grove, IL 60053
      View Details
    • $149,900

      Edens Point Condo For Sale

      One bedroom condo in move-in condition with pool and laundry.
      5506 Lincoln Ave, Morton Grove, IL 60053
      View Details
    • Contact for pricing
      120,000 SF

      Morton Grove Industrial Facility

      Renovated 120,000 SF industrial facility with cranes and modern amenities.
      7840-60 Lehigh Ave, Morton Grove, IL 60053
      View Details
    • $2,590,000
      14,510 SF

      Dempster Street Retail and Multifamily

      24,494 SF property in a thriving commercial corridor.
      5800-5814 Dempster St, Morton Grove, IL 60053
      View Details
    • Contact for pricing
      120,000 SF

      Morton Grove Industrial Facility

      120,000 SF Manufacturing Space, Vacant
      7840 Lehigh Ave, Morton Grove, IL 60053
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime 37,666 SF Office & Warehouse Space
    Where is this distribution property located?
    The property is located at 8150 Lehigh Ave Morton Grove, IL.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: Modern Showroom Space ideal for product display and client meetings.; Warehouse features efficient in-floor radiant heating.; Ample on-site parking available for employees and customers.
    Request Owner's contact information
    8150 Lehigh Ave Morton Grove, IL 60053
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8150 Lehigh Ave
    Morton Grove, IL 60053
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8150 Lehigh Ave Morton Grove, IL 60053
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.