8150 Lehigh Ave Morton Grove, IL 60053
- Industrial properties
- 2.24 lot acres
Current Use by Public Records
- Evolution Cleaning Service / House Cleaning Service
- Egret Badminton Morton Grove / Badminton Club / Badminton Complex
- Crawford Supply / Plumbing Supply Store / Bathroom Remodeler
- Charger Water Treatment Products / Water Softening Equipment Supplier / Water Filter Supplier
Property Details for 8150 Lehigh Ave
- Year built
- 1989
- Lot size
- 2.24 lot acres
- Property type
- Industrial properties
- APN
- 10-20-300-037
- APU
- 1020300037
Description
This exceptional Morton Grove property at 8150 Lehigh Ave offers a combined 37,666 square feet of versatile office and warehouse space. Currently, 7,848 square feet is immediately available for lease, perfect for a business seeking a significant footprint. The building boasts a desirable multi-tenant configuration, providing flexibility and potential for expansion. The warehouse component features a substantial 23.6-foot ceiling height, two dock-high doors, and two convenient drive-in doors, ensuring efficient loading and unloading operations. Ample parking is available to accommodate employees and visitors. The property is strategically located in Cook County, Illinois, with easy access to major transportation routes, making it an ideal location for businesses needing convenient access to the surrounding area. The address is 8150 Lehigh Ave, Morton Grove, IL 60053. This is a rare opportunity to secure a substantial and well-equipped space in a prime location. The available space is ideal for a variety of businesses requiring both office and warehouse functionality. The combination of ample space, high ceilings, multiple loading options, and convenient parking makes this property a highly attractive option for businesses seeking a strategic location in the thriving Morton Grove market. Don't miss this chance to secure your ideal workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $390,000
- 6.5%
- $375,000
- 7%
- $360,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $420,000
- Mixed-Use
- $390,000
- Hospitality
- $425,000
- Educational
- $450,000
- Residential Income
- $435,000
- Energy
- $465,000
- Income-Based Land
- $340,000
- Food Service
- $410,000
Location Insight
- Map
- Local Demand
- City
- Morton Grove
- County
- Cook
- State
- Illinois
- Longitude
- -87.7839
- Latitude
- 42.0305
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA