Property profile

6200-6388 Lehigh Ave Morton Grove, IL 60053

OFF-MARKET
Warehouses
319,735 SF 14.84 ac lot
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Property summary

AI-generated overview

This exceptional West Cook County industrial portfolio, known as Morton Grove Corporate Park, presents a compelling investment opportunity. Comprising five single-story buildings totaling 319,735 square feet across 14.84 acres, this property offers a diverse range of spaces, from 2,928 to 121,448 contiguous square feet. Currently featuring 53 suites, with 29,649 square feet currently vacant, this park provides significant flexibility for various business needs. The property boasts 14-foot ceilings and shared exterior docks, enhancing operational efficiency. Strategically located on Oakton Street and Lehigh Avenue, it enjoys convenient access to I-94 via the Dempster Street interchange. The property is professionally managed by a full-time team, reflecting the commitment of the well-capitalized institutional ownership. The multiple suite sizes and configurations offer adaptable solutions for a wide array of tenants. The APN numbers are 10-20-300-025; 10-20-300-024; 10-20-300-018; 10-20-300-042; and 10-20-300-005, located within Cook County's West Cook submarket. This is an ideal opportunity for investors seeking a well-maintained, strategically located industrial portfolio with strong potential for growth.

Property profile

Verified
Property type Warehouses
Total area 319,735 SF
Lot 14.84 ac (646,430 SF)

Cap rate & NOI

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

Location

6200-6388 Lehigh Ave Morton Grove, IL 60053
Morton Grove metro
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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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