Mixed-Use

Morton Grove, IL Mixed-use Properties for Sale

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Multi-Tenant Storefront Property
Updated: Feb 25
Multi-Tenant Storefront Property

6015-6049 Dempster St, Morton Grove, IL 60053

$1,949,000
16,000 sqft
3 contiguous income‑producing commercial buildings
12 storefronts and offices totaling approximately 16,000 square feet
Fully leased property
Front and rear parking areas
Less than 1 mile from Interstate I‑94
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See hot listings in Morton Grove

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Freestanding Cafe with Office
Freestanding Cafe with Office

5237 Golf Road, Skokie, IL 60076

$1,115,000
0.23 AC lot

Sale includes the operating cafe, real estate, second-floor office space, and garage storage.

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Mixed-Use Building with Medical Office
Mixed-Use Building with Medical Office

6444 N Central Avenue, Chicago, IL 60646

$519,000
0.07 AC lot

Two-level property pairs professional space with a residential apartment and dedicated rear parking.

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Two-Story Live-Work Space
Two-Story Live-Work Space

8009 LINCOLN Avenue, Skokie, IL 60077

$395,000

Ground-level commercial space is paired with a residential townhome featuring flexible interior and outdoor areas.

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Leased Mixed-Use Storefront Property
Leased Mixed-Use Storefront Property

5500-5518 W Devon Avenue, Chicago, IL 60646

Contact for pricing
13,859 sqft

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

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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 Development Site
Commercial Land Development Site

4222 W Division Street, Chicago, IL 60651

$1,325,000

Large urban parcel with prior approval for a 75-unit supportive housing and commercial project.

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Melrose Park Land For Sale
Melrose Park Land For Sale

2305 N Mannheim Road, Melrose Park, IL 60164

$1,099,000

Commercial land available in Melrose Park, Illinois.

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Vacant Commercial Land
Vacant Commercial Land

4722 W Madison Street, Chicago, IL 60644

$30,000

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

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Vacant Commercial Land
Vacant Commercial Land

4720 W Madison Street, Chicago, IL 60644

$30,000

Vacant urban parcel with visibility along Madison Street and access to established neighborhood amenities.

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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. These investment opportunities span a total of 16,000 square feet of properties for sale, with an estimated market value of $1,949,000.

Sale prices for multi use buildings in Morton Grove, IL average $1,949,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 25K
Population Growth (5Y) +6.2%
Median Household Income $106,078
College Educated 72.3%

High-Yield Neighborhoods for Investment

Identify Morton Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60053 $1.9M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Morton Grove fall within the 50,000 to 100,000 square foot range.

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