Morton Grove, IL Mixed-use properties for sale

Updated: Oct 12

Two-Story Mixed-Use Property

8503-8509 Fernald Avenue, Morton Grove, IL 60053

$525,000

0.15 AC lot

Two‑story configuration with three ground‑floor commercial spaces and residential accommodations above
0.1478‑acre site zoned COMMR
Built in 1910; vinyl siding
Less than one mile from the Morton Grove Metra Station
One mile from the I‑94 four‑way interchange

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1 active listing matches your search: Mixed-Use for sale in Morton Grove, IL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Signalized-Corner Showroom Property

4935 Oakton Street, Skokie, IL 60077

$1,550,000

7,000 sqft 79 ft frontage Built 1956 1 building 1-story 0.25 acres

19,050 VPD Corner location CX

Single-story commercial building with Oakton Street frontage, dedicated parking, and access to nearby CTA transportation.

8 spaces

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Renovated Live/Work Space on Elston

5778 N. Elston Ave., Chicago, IL 60646

Gladstone

Contact for pricing

11–19 people 2,900 sqft

2,900 SF renovated live/work space with oversized garage.

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Leased Mixed-Use Storefront Property

5500-5518 W Devon Avenue, Chicago, IL 60646

Edgebrook

Contact for pricing

13,859 sqft Built 1944 Multi-tenant

100% occupied

Fourteen leased storefronts are complemented by a well-maintained residential apartment.

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Mixed-Use Building in Downtown Skokie

4929 Oakton Street, Skokie, IL 60077

$375,000

Built 1950

Mixed-use brick building with storefront and residential apartment in Skokie.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Project Approval

4222 W Division Street, Chicago, IL 60651

$1,150,000

C1-1 28,750 sqft

Plans were pre-approved for a 75-unit development combining commercial space and VA supportive housing.

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Melrose Park Land For Sale

Melrose Park, IL 60164

$1,099,000

Commercial land available in Melrose Park, Illinois.

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Vacant Commercial Land

4722 W Madison Street, Chicago, IL 60644

West Garfield Park

$30,000

Vacant parcel along Madison Street with potential for a new commercial project.

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Vacant Commercial Land

4718 W Madison Street, Chicago, IL 60644

West Garfield Park

$30,000

Small vacant parcel with visibility along Madison Street on Chicago’s West Side.

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Morton Grove, IL Mixed-Use Properties Market Trends and Statistics

Explore 1 mixed-use properties for sale in Morton Grove, IL on our real estate platform.

Sale prices for multi use buildings in Morton Grove, IL average $525,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60053	$525K

Neighborhood

Average Price

60053

$525K

Morton Grove, IL Mixed-use Properties for Sale

8503-8509 Fernald Avenue, Morton Grove, IL 60053