Property profile

7172 Dempster St Morton Grove, IL 60053

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 7172 Dempster Street in Morton Grove, Illinois, Cook County (zip code 60053). The property, known as Dempster Crossing, offers four available spaces ranging from 1,130 to 4,078 square feet, perfect for a variety of retail businesses. The location boasts high visibility as an end-cap space with over 400 feet of frontage along heavily trafficked Dempster Street, situated between the Edens Expressway and I-294 (the North-South Tollway). This prime location sees over 57,000 vehicles daily at the signalized intersection. The property benefits from exceptional co-tenancy, including established retailers such as TJ Maxx, Michaels, Big Lots, Produce World, and Planet Fitness, ensuring high foot traffic and brand synergy. The area's strong demographics include over 175,000 residents within a 3-mile radius, providing a substantial customer base. This multi-tenant property offers a unique opportunity to establish a thriving retail presence in a vibrant and accessible location. The property is categorized as retail, specifically multi-tenant small shops.

Property profile

Verified
Property type Retail properties & Spaces

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
  • Restaurant

Location

7172 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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