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    8150 Lehigh Ave Morton Grove, IL 60053

    Sponsored
    For Lease
    $9 SF/Yr

    Large Executive Office & Warehouse Available

    Lot size:
    37,666 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Morton Grove property at 8150 Lehigh Ave offers a combined 37,666 square feet of versatile office and warehouse space. Currently, 7,848 square feet is immediately available for lease, perfect for a business seeking a significant footprint. The building boasts a desirable multi-tenant configuration, providing flexibility and potential for expansion. The warehouse component features a substantial 23.6-foot ceiling height, two dock-high doors, and two convenient drive-in doors, ensuring efficient loading and unloading operations. Ample parking is available to accommodate employees and visitors. The property is strategically located in Cook County, Illinois, with easy access to major transportation routes, making it an ideal location for businesses needing convenient access to the surrounding area. The address is 8150 Lehigh Ave, Morton Grove, IL 60053. This is a rare opportunity to secure a substantial and well-equipped space in a prime location. The available space is ideal for a variety of businesses requiring both office and warehouse functionality. The combination of ample space, high ceilings, multiple loading options, and convenient parking makes this property a highly attractive option for businesses seeking a strategic location in the thriving Morton Grove market. Don't miss this chance to secure your ideal workspace.

    Property Features for 8150 Lehigh Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,666 SF
    Total Rate
    28563.38

    Unit(s) available at that property

    Space
    2nd Floor
    Size
    7,848 SF
    Rate per SF
    $9

    HighLights

    • Large Showroom Available
    • Warehouse with Heated Floors
    • Ample Parking Available
    • Extensive Outdoor Storage
    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

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    FAQs

    What type of property is this?
    Distribution property - Large Executive Office & Warehouse Available
    Where is this distribution property located?
    The property is located at 8150 Lehigh Ave Morton Grove, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Large Showroom Available; Warehouse with Heated Floors; Ample Parking Available
    Request Owner's contact information
    8150 Lehigh Ave Morton Grove, IL 60053
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    Morton Grove, IL 60053
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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
    8150 Lehigh Ave Morton Grove, IL 60053
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