Morton Grove, IL Residential Income Properties for Sale

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Skokie, IL Glenview, IL Niles, IL

Updated: Apr 30

Rehabbed Duplex in Morton Grove

8643 Ferris Avenue, Morton Grove, IL 60053

$600,000

0.14 AC lot

Meticulously well‑maintained 2‑flat, rehabbed in 2024, featuring 2 bedrooms and 1 full bathroom in each unit
White shaker kitchen cabinets with quartz countertops in both units
Huge back deck for outdoor relaxing and entertaining
2.5‑car garage plus a driveway with additional parking space
Public utilities: public water and public sewer; heated with natural gas

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Updated: Aug 26, 2025

Edens Point Condo For Sale

5506 Lincoln Avenue #A211, Morton Grove, IL 60053

$140,000

Move‑in ready condition with newer hardwood floors and fresh paint.
Convenient location near expressway, public transportation, shopping, and restaurants.
Enjoy access to an in‑ground outdoor swimming pool.
Well‑maintained building with a first‑floor laundry room.
Located in a good school district (Park View / Niles West).

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Apartment Building

8509 N Milwaukee Avenue, Niles, IL 60714

$875,000

Six one-bedroom flats with updates including a new roof, newer windows, tuckpointing, and copper plumbing.

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Skokie Multifamily Apartment Building

4950 Greenwood Street, Skokie, IL 60077

$1,750,000

0.08 AC lot

Well-maintained six-unit building near transportation and amenities.

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Niles 6-Flat Investment Opportunity

6920 N. Rosemary Lane, Niles, IL 60714

$1,200,000

Well-maintained 6-flat in Niles, a strong suburban rental market.

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Skokie Six-Unit Multifamily Building

4950 Greenwood Street, Skokie, IL 60077

$1,750,000

0.08 AC lot

Well-maintained six-unit building near transportation and amenities in Skokie.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Morton Grove Residential Lot

5804 Madison Street, Morton Grove, IL 60053

$379,000

0.14 AC lot

6200 sq ft lot with existing house.

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Buildable Lot in Morton Grove

5526 MAIN Street, Morton Grove, IL 60053

$329,900

Oversized vacant lot ready for immediate development in Morton Grove.

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Residential Land in Morton Grove

7207 Church Street, Morton Grove, IL 60053

$359,000

Land for single-family home in a desirable location.

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Northfield Land For Sale

118 Dickens Road, Northfield, IL 60093

$1,390,000

1.36 AC lot

1.36 acre commercial land available in Northfield, Illinois.

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Off-Market Properties in Morton Grove, IL

Consider similar Off-Market properties in Morton Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

5926 Lincoln Ave, Morton Grove, IL 60053-3310

$800,000

Estimated value

4,423 sqft · 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

6236 Lincoln Ave, Morton Grove, IL 60053-2987

Value Estimation by Request

2,562 sqft · 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

6100 Lincoln Ave, Morton Grove, IL 60053-2963

Value Estimation by Request

1,779 sqft · 0.21 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8737 Narragansett Ave, Morton Grove, IL 60053-2895

Value Estimation by Request

1,664 sqft · 0.08 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8619 Ferris Ave, Morton Grove, IL 60053-2830

Value Estimation by Request

2,312 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8709 Callie Ave, Morton Grove, IL 60053-2808

Unit 1

Value Estimation by Request

2,454 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

5801 Carol Ave, Morton Grove, IL 60053-3006

Value Estimation by Request

2,703 sqft · 0.09 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8539 Callie Ave, Morton Grove, IL 60053-2802

$690,000

Estimated value

4,093 sqft · 0.11 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8712 Callie Ave, Morton Grove, IL 60053-2807

Value Estimation by Request

2,870 sqft · 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

6148 Crain St, Morton Grove, IL 60053-2986

Value Estimation by Request

2,330 sqft · 0.17 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8729 Ferris Ave, Morton Grove, IL 60053-2872

Value Estimation by Request

2,304 sqft · 0.20 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8601 Fernald Ave, Morton Grove, IL 60053-2844

Value Estimation by Request

1,584 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

5632 Dempster St, Morton Grove, IL 60053-3100

Value Estimation by Request

3,724 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

5630 Dempster St, Morton Grove, IL 60053-3110

Value Estimation by Request

3,724 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8523 Fernald Ave, Morton Grove, IL 60053-2820

Value Estimation by Request

2,028 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

6004 Oakton St, Morton Grove, IL 60053-2733

$635,000

Estimated value

2,150 sqft · 0.26 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

9140 Waukegan Rd, Morton Grove, IL 60053-2124

$510,000

Estimated value

2,375 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8442 Mcvicker Ave, Morton Grove, IL 60053-3231

$625,000

Estimated value

3,406 sqft · 0.16 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8534 Fernald Ave, Morton Grove, IL 60053-2819

Unit 1

Value Estimation by Request

3,958 sqft · 0.07 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8601 Ferris Ave, Morton Grove, IL 60053-2905

Value Estimation by Request

2,200 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8541 Callie Ave, Morton Grove, IL 60053-2802

Value Estimation by Request

2,483 sqft · 0.14 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

8647 Ferris Ave, Morton Grove, IL 60053-2832

Value Estimation by Request

2,184 sqft · 0.14 AC lot

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Morton Grove, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Morton Grove, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $740,000.

Sale prices for residential income properties in Morton Grove, IL start at $140,000, averaging $370,000, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 25K

Population Growth (5Y) +6.2%

Median Household Income $106,078

College Educated 72.3%

High-Yield Neighborhoods for Investment

Identify Morton Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60053	$1.1M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Morton Grove fall within the 50,000 to 100,000 square foot range.

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Morton Grove, IL Residential Income Properties for Sale

8643 Ferris Avenue, Morton Grove, IL 60053

5506 Lincoln Avenue #A211, Morton Grove, IL 60053

Opportunities in Nearby Cities

8509 N Milwaukee Avenue, Niles, IL 60714

4950 Greenwood Street, Skokie, IL 60077

6920 N. Rosemary Lane, Niles, IL 60714

4950 Greenwood Street, Skokie, IL 60077

Potential Development Sites for Consideration

5804 Madison Street, Morton Grove, IL 60053

5526 MAIN Street, Morton Grove, IL 60053

7207 Church Street, Morton Grove, IL 60053

118 Dickens Road, Northfield, IL 60093

Off-Market Properties in Morton Grove, IL

5926 Lincoln Ave, Morton Grove, IL 60053-3310

6236 Lincoln Ave, Morton Grove, IL 60053-2987

6100 Lincoln Ave, Morton Grove, IL 60053-2963

8737 Narragansett Ave, Morton Grove, IL 60053-2895

8619 Ferris Ave, Morton Grove, IL 60053-2830

8709 Callie Ave, Morton Grove, IL 60053-2808

5801 Carol Ave, Morton Grove, IL 60053-3006

8539 Callie Ave, Morton Grove, IL 60053-2802

8712 Callie Ave, Morton Grove, IL 60053-2807

6148 Crain St, Morton Grove, IL 60053-2986

8729 Ferris Ave, Morton Grove, IL 60053-2872

8601 Fernald Ave, Morton Grove, IL 60053-2844

5632 Dempster St, Morton Grove, IL 60053-3100

5630 Dempster St, Morton Grove, IL 60053-3110

8523 Fernald Ave, Morton Grove, IL 60053-2820

6004 Oakton St, Morton Grove, IL 60053-2733

9140 Waukegan Rd, Morton Grove, IL 60053-2124

8442 Mcvicker Ave, Morton Grove, IL 60053-3231

8534 Fernald Ave, Morton Grove, IL 60053-2819

8601 Ferris Ave, Morton Grove, IL 60053-2905

8541 Callie Ave, Morton Grove, IL 60053-2802

8647 Ferris Ave, Morton Grove, IL 60053-2832

Morton Grove, IL Residential Income Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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