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    5901 Dempster St Morton Grove, IL 60053-3014
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    Property profile & analytics

    5901 Dempster St Morton Grove, IL 60053-3014


    • Office Spaces
    Off-Market
    Last Sale Feb 2, 2024
    $917,500
    Property ID
    US28-2854257
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $920,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pure Platform / Film Production / Television Studio
    • Ted J Heinz Ltd / Dental Office
    • Dental Clinic of Morton Grove / Dental Office
    • Low Office / Law Firm
    • Law Office of David Butbul / Law Firm

    Property Details for 5901 Dempster St

    Property type
    Office Spaces
    APN
    10-20-200-043-1002
    APU
    10202000431002

    Description

    This exceptional investment opportunity features four meticulously maintained Class A office condominiums located at 5901 Dempster St, Morton Grove, IL 60053. Built in 2009 and renovated in 2015, this single, two-story building sits on a half-acre lot (APN: 10-20-200-043-1001, 10-20-200-043-1002, 10-20-200-043-1007, 10-20-200-043-1004) and is zoned C-1. Units range from 920 to 1,950 square feet, offering flexibility for various business needs. Currently, three units are available: one vacant unit (1,315 sq ft), one occupied under a sale-leaseback agreement, and one owner-occupied unit. The building enjoys a prime location in downtown Morton Grove, boasting excellent ingress/egress and high visibility with over 33,000 vehicles passing daily. This is a unique opportunity to acquire a professional-grade property in a highly desirable area


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $920,000
      ML approach
      $920,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Morton Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.7744
    Latitude
    42.0406
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $31,945
    $38,812
    $77,262
    $116,074
    -
    $155,248
    $309,048
    $464,296
    More about this property
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