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    Property profile

    7840 Lehigh Ave Morton Grove, IL 60053

    OFF-MARKET
    Industrial properties
    120,000 SF Built 1970
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    Property summary

    AI-generated overview

    This exceptional 120,000-square-foot industrial manufacturing facility sits on a spacious 4.57-acre lot in Morton Grove, Illinois. Built in 1970 and extensively renovated in 2022, this single-tenant property boasts a 25-foot ceiling height, perfect for various industrial uses. The building features 10 dock-high doors and 1 drive-in door, ensuring efficient loading and unloading. Power is supplied by a robust 3-480V system. The property includes approximately 7,500 square feet of Grade A rentable office space and an additional approximately 5,000 square feet of expandable office space on the mezzanine level. Its strategic location in Morton Grove offers easy access to major transportation arteries, including I-94 and I-294, and is close to O'Hare International Airport. The M2-2 zoning allows for a variety of manufacturing and industrial uses. The property's Cook County location (APN: 10-29-100-047

    Property profile

    Verified
    Property type Industrial properties
    Year built 1970
    Total area 120,000 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
    • Factory Production Facility
    1 occupant on record

    Location

    7840 Lehigh Ave Morton Grove, IL 60053
    Morton Grove metro
    Google Maps

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation by Request
      120,000 SF
      7840 Lehigh Ave
      Manufacturing properties
      7840 Lehigh Ave, Morton Grove, IL 60053
      View Details
    • Value Estimation by Request
      319,735 SF
      6200-6388 Lehigh Ave
      Flex space
      6200-6388 Lehigh Ave, Morton Grove, IL 60053
      View Details
    • Value Estimation by Request
      8,838 SF
      8100 Austin Ave
      INDUSTRIAL (GENERAL)
      8100 Austin Ave, Morton Grove, IL 60053-3203
      View Details
    • Value Estimation
      $295,000
      2.24 Acres
      8150 Lehigh Ave
      INDUSTRIAL (GENERAL)
      8150 Lehigh Ave, Morton Grove, IL 60053-2600
      View Details
    • Value Estimation
      $5,500,000
      0.19 Acres
      8350 Lehigh Ave
      INDUSTRIAL (GENERAL)
      8350 Lehigh Ave, Morton Grove, IL 60053-2616
      View Details
    • Value Estimation
      $325,000
      0.36 Acres
      6408 Main St
      INDUSTRIAL (GENERAL)
      6408 Main St, Morton Grove, IL 60053
      View Details

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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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