Property profile

7250 Dempster St Morton Grove, IL 60053

OFF-MARKET
Neighborhood centers
21,895 SF
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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

Current use

Occupant on record · Public records
  • Department Store

Location

7250 Dempster St Morton Grove, IL 60053
Morton Grove metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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