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    OFF-MARKET
    Neighborhood centers

    7250 Dempster St, Morton Grove, IL 60053

    21,895 SF
    Property ID
    Property summary
    AI-generated overview

    Village Plaza, a prime retail strip center located at 7250 Dempster Street in Morton Grove, Illinois (zip code 60053), presents a significant opportunity for expansion or new tenancy. This established center boasts a total of 21,895 square feet of retail space, with a substantial 8,000 square feet currently available for lease. The property's ideal location in Morton Grove offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong sales. The multiple-tenancy structure provides a diverse and vibrant shopping environment, attracting a wide range of customers. The available 8,000 square feet offers considerable flexibility for businesses seeking a prominent presence in this thriving community. This space is perfect for a variety of retail uses, providing ample room for expansion or a new venture. The property is situated at 42.0420282 latitude and -87.8087591 longitude, making it easily accessible for both customers and employees. This is an exceptional opportunity to secure a well-positioned retail space in a desirable location within a successful, established center. Interested parties are encouraged to inquire for further details and leasing information. The property is classified as a retail strip center.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 21,895 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • T.J. Maxx Department Store
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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