Property profile

7901-7965 Golf Rd Morton Grove, IL 60053

OFF-MARKET
Retail properties & Spaces
82,000 SF
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Property summary

AI-generated overview

This exceptional commercial property, located at 7909 Golf Road in Cook County, offers 82,000 square feet of retail, office, and restaurant space within a vibrant shopping center. The property features a single story building with 25 suites, a minimum divisible space of 1,040 square feet, and ample parking with 337 spaces. Currently, one 1,040 square foot space is available. The property is zoned C-1 and benefits from excellent visibility and accessibility at the intersection of Golf Road and Washington Street. The center is undergoing a significant upgrade, including a complete facade renovation scheduled for completion by the end of 2024. This renovation complements the ongoing multi-million dollar expansion and remodel of the anchor tenant, Aldi, which recently signed a long-term lease extension. The strategic location, just half a mile east of the bustling Golf and Milwaukee Shopping District (home to major retailers such as Walmart, Target, Burlington, Ross Dress for Less, and Ashley Furniture), ensures high foot traffic and strong potential for business growth. This is a rare opportunity to secure space in a thriving, well-maintained shopping center poised for continued success. The property's multiple tenancy allows for diverse business opportunities.

Property profile

Verified
Property type Retail properties & Spaces
Total area 82,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7901-7965 Golf Rd Morton Grove, IL 60053
Morton Grove metro
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Value estimations

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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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