5636 Dempster St Morton Grove, IL 60053-3110

Property Details for 5636 Dempster St

Year built

1962

Lot size

0.07 lot acres

Property type

Retail space

APN

10-17-430-031

APU

1017430031

Description

This exceptional investment opportunity presents a rare chance to acquire a thriving 8-store strip shopping center located in the heart of Morton Grove's central business district at 5636 Dempster Street, Illinois 60053. The property boasts a highly desirable location, just 1.5 blocks west of the I-94/Edens Highway (a four-way cloverleaf interchange), ensuring exceptional visibility and accessibility. With approximately 40,000 vehicles passing daily, this property benefits from significant traffic volume on busy Dempster Street. The building features an impressive 157-foot frontage on Dempster Street, maximizing brand exposure. The property includes approximately 35 parking spaces conveniently located at the rear of the building for customer and tenant use. Currently, five tenants occupy the eight available spaces, providing a stable income stream. The property is classified as Retail and Land, offering significant potential for future development or expansion. The asking price for this turnkey investment is $1,100,000. This is an ideal opportunity for investors seeking a high-traffic, well-located retail property in a thriving Cook County market. The property's size is not specified in the provided information. This is a truly exceptional opportunity to acquire a prime retail investment in a high-demand location.