Property summary
This exceptional 31,519-square-foot industrial warehouse in Morton Grove, Illinois, offers a unique blend of functionality and prime location. Situated on a 3.06-acre lot in Cook County, this single-tenant property boasts a desirable M-2 General Manufacturing zoning. The building, currently undergoing a complete renovation, features 12-foot clear ceiling heights, three interior depressed docks, and one 10' x 12' drive-in door. Ample parking is provided with 130 spaces, and the property even includes a Pace bus stop. Electrical service is 400 amps, 480 volts, three-phase (subject to verification). The brick building includes a wet sprinkler system. Benefit from excellent corner visibility on a main thoroughfare with a daily traffic count of 27,300 vehicles. The property's low coverage (0.25 FAR) presents potential for outside storage or expanded heavy parking. Its close proximity to I-94 and the North Shore adds significant logistical advantages. Office space is available and can be customized to suit tenant needs. Rental rate is negotiable and subject to offer. This is a rare opportunity to secure a fully renovated, strategically located industrial space with significant upside potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.