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    Morton Grove, IL Multifamily Properties for Sale

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    Niles, IL Skokie, IL Glenview, IL Wilmette, IL Chicago, IL Park Ridge, IL Evanston, IL Lincolnwood, IL
    Edens Point Condo For Sale
    Updated: Aug 26, 2025
    Edens Point Condo For Sale

    5506 Lincoln Avenue #A211, Morton Grove, IL 60053

    $140,000
    Move‑in ready condition with newer hardwood floors and fresh paint.
    Convenient location near expressway, public transportation, shopping, and restaurants.
    Enjoy access to an in‑ground outdoor swimming pool.
    Well‑maintained building with a first‑floor laundry room.
    Located in a good school district (Park View / Niles West).
    View details
    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 77 Potential Opportunities for your consideration. Besides 1 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 1 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.

    Triplex with Garage Parking
    Triplex with Garage Parking

    5032 Crain Street, Skokie, IL 60077

    $650,000

    Two three-bedroom apartments and a two-bedroom basement suite provide a varied residential layout.

    View details
    Renovated Two-Unit Duplex
    Renovated Two-Unit Duplex

    8121 N Ottawa Ave, Niles, IL 60714

    $649,000

    Separate gas and electric meters serve the two residences independently.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    4936 Greenwood Street, Skokie, IL 60077

    $1,599,000

    Mostly updated residences with maintained shared areas and window-unit cooling in a corner-positioned building.

    View details
    Two-Unit Duplex with Large Basement
    Two-Unit Duplex with Large Basement

    6556 W Ebinger, Niles, IL 60714

    $250,000

    Legal two-flat with separate heating and electric systems.

    View details

    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.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details

    Off-Market Properties in Morton Grove, IL

    Consider similar Off-Market properties in Morton Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5926 Lincoln Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    5926 Lincoln Ave, Morton Grove, IL 60053-3310

    Estimated value:
    $800,000
    4,423 sqft 0.16 AC lot
    View details
    6236 Lincoln Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    6236 Lincoln Ave, Morton Grove, IL 60053-2987

    Estimated value:
    $420,000
    2,562 sqft 0.09 AC lot
    View details
    6100 Lincoln Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    6100 Lincoln Ave, Morton Grove, IL 60053-2963

    Estimated value:
    $270,000
    1,779 sqft 0.21 AC lot
    View details
    8737 Narragansett Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8737 Narragansett Ave, Morton Grove, IL 60053-2895

    Estimated value:
    $330,000
    1,664 sqft 0.08 AC lot
    View details
    8619 Ferris Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8619 Ferris Ave, Morton Grove, IL 60053-2830

    Estimated value:
    $455,000
    2,312 sqft 0.07 AC lot
    View details
    8709 Callie Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    8709 Callie Ave, Morton Grove, IL 60053-2808

    Unit 1
    Estimated value:
    $500,000
    2,454 sqft 0.11 AC lot
    View details
    5801 Carol Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    5801 Carol Ave, Morton Grove, IL 60053-3006

    Estimated value:
    $425,000
    2,703 sqft 0.09 AC lot
    View details
    8539 Callie Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8539 Callie Ave, Morton Grove, IL 60053-2802

    Estimated value:
    $770,000
    4,093 sqft 0.11 AC lot
    View details
    8712 Callie Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8712 Callie Ave, Morton Grove, IL 60053-2807

    Estimated value:
    $280,000
    2,870 sqft 0.20 AC lot
    View details
    6148 Crain St
    APARTMENT HOUSE (UNDER 5 UNITS)

    6148 Crain St, Morton Grove, IL 60053-2986

    Estimated value:
    $410,000
    2,330 sqft 0.17 AC lot
    View details
    8729 Ferris Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8729 Ferris Ave, Morton Grove, IL 60053-2872

    Estimated value:
    $430,000
    2,304 sqft 0.20 AC lot
    View details
    8601 Fernald Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8601 Fernald Ave, Morton Grove, IL 60053-2844

    Estimated value:
    $305,000
    1,584 sqft 0.07 AC lot
    View details
    5632 Dempster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    5632 Dempster St, Morton Grove, IL 60053-3100

    Estimated value:
    $545,000
    3,724 sqft 0.07 AC lot
    View details
    5630 Dempster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    5630 Dempster St, Morton Grove, IL 60053-3110

    Estimated value:
    $545,000
    3,724 sqft 0.07 AC lot
    View details
    8523 Fernald Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8523 Fernald Ave, Morton Grove, IL 60053-2820

    Estimated value:
    $330,000
    2,028 sqft 0.14 AC lot
    View details
    6004 Oakton St
    APARTMENT HOUSE (UNDER 5 UNITS)

    6004 Oakton St, Morton Grove, IL 60053-2733

    Estimated value:
    $780,000
    2,150 sqft 0.26 AC lot
    View details
    9140 Waukegan Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    9140 Waukegan Rd, Morton Grove, IL 60053-2124

    Estimated value:
    $685,000
    2,375 sqft 0.07 AC lot
    View details
    8442 Mcvicker Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8442 Mcvicker Ave, Morton Grove, IL 60053-3231

    Estimated value:
    $725,000
    3,406 sqft 0.16 AC lot
    View details
    8534 Fernald Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    8534 Fernald Ave, Morton Grove, IL 60053-2819

    Unit 1
    Estimated value:
    $320,000
    3,958 sqft 0.07 AC lot
    View details
    8601 Ferris Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8601 Ferris Ave, Morton Grove, IL 60053-2905

    Estimated value:
    $415,000
    2,200 sqft 0.14 AC lot
    View details
    8541 Callie Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8541 Callie Ave, Morton Grove, IL 60053-2802

    Estimated value:
    $440,000
    2,483 sqft 0.14 AC lot
    View details
    8647 Ferris Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    8647 Ferris Ave, Morton Grove, IL 60053-2832

    Estimated value:
    $415,000
    2,184 sqft 0.14 AC lot
    View details
    5715 Dempster St
    APARTMENT HOUSE (UNDER 5 UNITS)

    5715 Dempster St, Morton Grove, IL 60053

    Estimated value:
    $425,000
    2,072 sqft 0.17 AC lot
    View details

    Morton Grove, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Morton Grove, IL on our real estate platform.

    Sale prices for multifamily properties in Morton Grove, IL average $140,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    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 $140K

    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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