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    Morton Grove, IL
    Retail

    Morton Grove, IL Retail Properties & Spaces for Sale

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    Skokie, IL Glenview, IL Niles, IL
    6 properties
    Dempster Street Retail and Multifamily
    Updated: Nov 21, 2025
    Dempster Street Retail and Multifamily

    5800-5814 Dempster Street, Morton Grove, IL 60053

    $2,590,000
    14,510 sqft
    High visibility on Dempster Street with 34,900 VPD.
    ±93,000 SF development potential, with 11,000 SF of retail.
    Located in Dempster Street Commercial Corridor in a well‑established neighborhood.
    Identification of Menard & Dempster as a prime redevelopment area.
    Close proximity to Edens Expressway/I‑94 (0.40 miles).
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    This listing looks promising.

    Here's a quick look at some key insights for

    5800-5814 Dempster Street, Morton Grove, IL 60053

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    • Est. Cap Rate

      7.8%
      Above avg (5.9%)

    • Est. NOI

      $201K
      Annual

    • Price @ 7% Cap

      $2.88M
      Above asking

    • Last Sold

      Feb 2026
      $500
    View Property Analytics
    Morton Grove Commercial Property
    Updated: Apr 14
    Morton Grove Commercial Property

    6015-6049 Dempster Street, Morton Grove, IL 60053

    $1,949,000
    16,000 sqft · 0.69 AC lot
    Prime location on Dempster St. (Route IL 58) at Austin Ave, a high‑traffic commercial corridor.
    Fully leased, income‑producing property with 12 storefronts and offices.
    Approximately 16,000 sq. ft. of leasable space, offering stable and diversified income.
    Excellent access to Interstate I‑94, enhancing visibility and accessibility.
    Front and rear parking available, plus access to adjacent public parking.
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    Prime Commercial Land in Morton Grove
    Prime Commercial Land in Morton Grove

    9021 Harlem Avenue, Morton Grove, IL 60053

    $1,236,000
    0.63 AC lot

    High-visibility commercial land with redevelopment potential in Morton Grove, IL.

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    Vape King Business Opportunity
    Vape King Business Opportunity

    7182 Dempster Street, Morton Grove, IL 60053

    $169,000

    Profitable tobacco store in high-traffic Morton Grove location for sale.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Retail Property on Dempster Street
    Retail Property on Dempster Street

    5804 Dempster St, Morton Grove, IL

    $2,590,000
    14,510 sqft · 0.57 AC lot

    Retail space for sale in thriving Near North neighborhood.

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    Morton Grove Commercial Flex Property
    Morton Grove Commercial Flex Property

    8430 Waukegan Rd, Morton Grove, IL 60053

    $649,000
    6,959 sqft

    6,959 SF commercial property in Morton Grove for sale.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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.

    Freestanding Office and Retail Building
    Freestanding Office and Retail Building

    8130 N Milwaukee Avenue, Niles, IL 60714

    $529,000
    2,800 sqft · 0.07 AC lot

    Freestanding brick building with multi-office layout, conference room, kitchen, and on-site parking on a highly visible corridor.

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    Skokie Retail Investment Opportunity
    Skokie Retail Investment Opportunity

    8810 Gross Point Rd, Skokie, IL

    $4,000,000
    18,744 sqft · 1.20 AC lot

    Multi-tenant retail center in Skokie, Illinois for sale.

    View details
    Freestanding Commercial Building on Milwaukee Avenue
    Freestanding Commercial Building on Milwaukee Avenue

    8130 N Milwaukee Avenue, Niles, IL 60714

    $529,000
    3,000 sqft

    Highly visible building suitable for retail, office, or medical use.

    View details
    Established Auto Repair Business For Sale
    Established Auto Repair Business For Sale

    4940 Main St, Skokie, IL 60077

    $180,000
    6,000 sqft

    Thriving 2-bay auto repair business in Skokie, Illinois for sale.

    View details

    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.

    Commercial Land Near Abt Electronics
    Commercial Land Near Abt Electronics

    1223 Milwaukee Avenue, Glenview, IL 60025

    $795,000
    0.84 AC lot

    0.835 acre commercial land for sale on Milwaukee Road.

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    Evanston TOD Development Site
    Evanston TOD Development Site

    609 Dempster Street, Evanston, IL 60201

    Contact for pricing
    12,113 sqft · 0.50 AC lot

    Half-acre commercial land suitable for transit-oriented development.

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    Prime Corner Lot in Chicago
    Prime Corner Lot in Chicago

    5401 West Montrose Avenue, Chicago, IL 60641

    $374,900
    0.16 AC lot

    7,000 SF lot in Portage Park neighborhood.

    View details
    West Ridge Development Site
    West Ridge Development Site

    6017 North Western Avenue, Chicago, IL 60659

    Contact for pricing
    5,305 sqft · 1.10 AC lot

    Development site in West Ridge, Chicago, with C2-2 zoning.

    View details

    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.

    9201 Waukegan Rd
    RETAIL STORES (PERSONAL SERVICES)

    9201 Waukegan Rd, Morton Grove, IL 60053-2102

    $890,000
    Estimated value
    0.29 AC lot
    View details
    9242 Waukegan Rd
    RETAIL STORES (PERSONAL SERVICES)

    9242 Waukegan Rd, Morton Grove, IL 60053-2101

    $1,100,000
    Estimated value
    0.33 AC lot
    View details
    5901 Lincoln Ave
    RETAIL STORES (PERSONAL SERVICES)

    5901 Lincoln Ave, Morton Grove, IL 60053-3348

    $525,000
    Estimated value
    0.09 AC lot
    View details
    6711 Dempster St
    RETAIL STORES (PERSONAL SERVICES)

    6711 Dempster St, Morton Grove, IL 60053-2652

    $6,890,000
    Estimated value
    View details
    6711 Dempster St
    RETAIL STORES (PERSONAL SERVICES)

    6711 Dempster St, Morton Grove, IL 60053-2652

    $6,890,000
    Estimated value
    View details
    5723 Dempster St
    RETAIL STORES (PERSONAL SERVICES)

    5723 Dempster St, Morton Grove, IL 60053-3041

    $1,490,000
    Estimated value
    1.27 AC lot
    View details
    5909 Lincoln Ave
    RETAIL STORES (PERSONAL SERVICES)

    5909 Lincoln Ave, Morton Grove, IL 60053-3348

    Value Estimation by Request
    780 sqft · 0.07 AC lot
    View details
    6201 Dempster St
    FINANCIAL BUILDING

    6201 Dempster St, Morton Grove, IL 60053-2817

    Value Estimation by Request
    0.13 AC lot
    View details
    6201 Dempster St
    FINANCIAL BUILDING

    6201 Dempster St, Morton Grove, IL 60053-2817

    Value Estimation by Request
    0.30 AC lot
    View details
    5910 Lincoln Ave
    RETAIL STORES (PERSONAL SERVICES)

    5910 Lincoln Ave, Morton Grove, IL 60053-3347

    $1,200,000
    Estimated value
    0.07 AC lot
    View details
    5920 Lincoln Ave
    RETAIL STORES (PERSONAL SERVICES)

    5920 Lincoln Ave, Morton Grove, IL 60053-3347

    Value Estimation by Request
    0.11 AC lot
    View details
    6715 Dempster St
    MINI-MALL

    6715 Dempster St, Morton Grove, IL 60053-2607

    $2,350,000
    Estimated value
    View details
    6715 Dempster St
    RETAIL STORES (PERSONAL SERVICES)

    6715 Dempster St, Morton Grove, IL 60053-2607

    $1,500,000
    Estimated value
    View details
    5617 Dempster St
    RETAIL STORES (PERSONAL SERVICES)

    5617 Dempster St, Morton Grove, IL 60053-3109

    Value Estimation by Request
    1,324 sqft · 0.07 AC lot
    View details
    6238 Lincoln Ave
    RETAIL STORES (PERSONAL SERVICES)

    6238 Lincoln Ave, Morton Grove, IL 60053-2852

    Value Estimation by Request
    2,750 sqft · 0.08 AC lot
    View details
    5801 Dempster St
    GAS STATION

    5801 Dempster St, Morton Grove, IL 60053-3028

    $700,000
    Estimated value
    0.35 AC lot
    View details
    7860 Lehigh Ave
    AUTO REPAIR, GARAGE

    7860 Lehigh Ave, Morton Grove, IL 60053-2707

    $2,525,000
    Estimated value
    2.01 AC lot
    View details
    8621 Lincoln Ave
    AUTO REPAIR, GARAGE

    8621 Lincoln Ave, Morton Grove, IL 60053-2625

    Value Estimation by Request
    0.30 AC lot
    View details

    Morton Grove, IL Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces for sale in Morton Grove, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 51,979 square feet of properties for sale, with an estimated market value of $7,778,000.

    Sale prices for stores in Morton Grove, IL start at $649,000, averaging $1,944,500, and reaching up to $2,590,000 — 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

    Shopping centers 4
    Auto shops 1
    Automotive properties 1
    Grocery and convenience stores 1

    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 $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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