Financial
Distress signals
Property profile

6401 Oakton St Morton Grove, IL 60053

OFF-MARKET
Other industrial properties
Property ID
US28-1993133
1.99 ac lot Built 1956
Last sale Jun 2024 · $2,630,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 31,519-square-foot commercial building that includes 4,200 square feet of office space and the remainder dedicated to warehouse use. The warehouse section provides approximately 12-foot clear height and is equipped with two interior loading docks, one exterior dock, and one drive-in door. Off-street parking is provided for approximately 102 vehicles. The site is configured with potential for outside storage and/or heavy parking use, and the property is characterized by a low floor area ratio (FAR) of 0.25.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$84k
Tax billed · 2022
Assessed value$360k
Assessed land$184k
Assessed improvement$176k
Effective rate23.39%

Value estimate

· Sep 2026
$2.63M
$2.37M – $2.89M
AI approach$2.63M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency35.4
Spa & Massage24.1
Hair Salon22.0

Location

6401 Oakton St Morton Grove, IL 60053-2726
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8130 Riv, Morton Grove, IL 60053-2637 $2,900,000 Dec 2025 No data
8050 Austin, Morton Grove, IL 60053-3201 $3,700,000 Feb 2025 No data
8100 Austin, Morton Grove, IL 60053-3203 $3,700,000 Feb 2025 8,838 SF
6038 Oakton, Morton Grove, IL 60053 $3,700,000 Feb 2025 No data
8350 Lehigh, Morton Grove, IL 60053-2616 $5,500,000 Oct 2024 No data
7901 Nagle, Morton Grove, IL 60053-2714 $2,630,000 Jun 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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