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    Morton Grove, IL Shopping Centers for Sale

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    Strip Shopping Center with Parking
    Updated: Oct 1, 2025
    Strip Shopping Center with Parking

    5644 Dempster Street, Morton Grove, IL 60053

    $1,000,000
    1963‑built 8‑store strip shopping center with five tenants in place
    Approximately 157 ft frontage on Dempster St in Morton Grove’s central business district
    Busy Dempster St location with approximately 40,000 VPD traffic count
    Located about 1.5 blocks west of I‑94/Edens Highway (4‑way clover leaf)
    Approximately 35 parking spaces in the rear of the building
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 7 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.

    Skokie Retail Plaza Opportunity
    Skokie Retail Plaza Opportunity

    3718-3724 Dempster Street, Skokie, IL 60076

    $799,000
    7,500 sqft 0.27 AC lot

    Six-unit retail plaza with upside potential in Skokie, Illinois.

    View details
    Six-Unit Retail Strip Center
    Six-Unit Retail Strip Center

    6001-6019 N. Nina Avenue, Chicago, IL 60631

    $825,000
    9,750 sqft

    Six-unit strip center with strong recent income performance and convenient Norwood Park transit and highway access.

    View details
    Corner Shopping Center with Multiple Tenants
    Corner Shopping Center with Multiple Tenants

    5737 N Lincoln Avenue, Chicago, IL 60659

    $2,600,000
    12,000 sqft

    Renovated, fully occupied shopping center on a double lot with seven tenants, including restaurants and a dental office.

    View details
    Skokie Shopping Center For Sale
    Skokie Shopping Center For Sale

    5220 W Touhy Ave, Skokie, IL 60077

    Contact for pricing
    38,940 sqft 2.53 AC lot

    38,940 SF shopping center in a high-density retail area.

    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.

    Madison Street Land Opportunity
    Madison Street Land Opportunity

    4440-4456 W Madison Street, Chicago, IL 60624

    $450,000
    0.91 AC lot

    Six lots on Madison Street, ideal for development.

    View details
    Rand Road Development Opportunity
    Rand Road Development Opportunity

    20420 N Rand Road, Deer Park, IL 60074

    $2,500,000
    1.94 AC lot

    1.91 AC land with Rand Road frontage near retail.

    View details
    Corner Lot Strip Mall Opportunity
    Corner Lot Strip Mall Opportunity

    237 W 79th Street, Chicago, IL 60620

    $130,000
    0.16 AC lot

    Ideal corner location for a small strip mall or franchise.

    View details
    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    8450 Willow Springs Road, Willow Springs, IL 60480

    $800,000
    1.90 AC lot

    Corner lot suitable for retail development, drive-thru, or subdivision.

    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.

    6715 Dempster St
    MINI-MALL

    6715 Dempster St, Morton Grove, IL 60053-2607

    $2,350,000
    Estimated value
    View details
    7901 Golf Rd
    MINI-MALL

    7901 Golf Rd, Morton Grove, IL 60053-1040

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

    6715 Dempster St, Morton Grove, IL 60053-2607

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

    6715 Dempster St, Morton Grove, IL 60053-2607

    $15,250,000
    Estimated value
    View details
    7300 Harlem Ave
    MINI-MALL

    7300 Harlem Ave, Morton Grove, IL 60053

    $535,000
    Estimated value
    11.79 AC lot
    View details
    6429 Dempster St
    MINI-MALL

    6429 Dempster St, Morton Grove, IL 60053-2604

    Value Estimation by Request
    0.76 AC lot
    View details
    7250 Dempster St
    Neighborhood centers

    7250 Dempster St, Morton Grove, IL 60053

    Value Estimation by Request
    21,895 sqft
    View details

    Morton Grove, IL Shopping Centers Market Trends and Statistics

    Explore 8 shopping centers for sale in Morton Grove, IL on our real estate platform.

    Sale prices for plazas in Morton Grove, IL average $1,000,000 — 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 3
    Storefront properties 2
    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 $2.6M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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