Morton Grove, IL Strip malls for sale

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

View details

See hot listings in Morton Grove

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

1 active listing matches your search: Strip Mall for sale in Morton Grove, IL. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 land listings with development potential.

Opportunities in Nearby Cities

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

4-Store Retail Plaza

4001 Golf Road, Skokie, IL 60076

$1,600,000

Multi-tenant 14,000 sqft Built 1964 1 building 0.69 acres

33,000 VPD Highway access + Road access

A multi-unit retail property with central air, concrete and brick construction, and signalized corner access.

View details

Four-Unit Strip Mall

611 Milwaukee Avenue, Glenview, IL 60025

$1,200,000

Built 2009 brick 1.4 acres

The property is currently used for restaurant operations and has central air conditioning.

View details

Five-Unit Retail Property

611 Milwaukee Avenue, Glenview, IL 60025

$1,400,000

Multi-tenant Built 2009 brick 1.4 acres

Four spaces are configured for restaurant operations, with a separate salon unit and on-site parking.

On-site parking

View details

9-Tenant Strip Mall

4728 Oakton St, Skokie, IL 60076

Contact for pricing

Multi-tenant 10,000 sqft

Highway access

Retail space connects to I-94 and CTA Yellow Line service at Oakton-Skokie Station.

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.

Corner Commercial Land

237 W 79th Street, Chicago, IL 60620

Near South Side

$130,000

0.16 acres

Four adjoining parcels carry a COMMR zoning designation in Chicago.

View details

Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000

1.9 acres

Nearly two acres at a corner near I-294, I-55, and Route 83.

View details

Commercial Corner Lot

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000

1.36 acres B1

60,000 VPD

Fully developed commercial parcel positioned at a high-traffic intersection in Beach Park.

Utilities to site

View details

Morton Grove, IL Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Morton Grove, IL on our real estate platform.

Sale prices for retail strips 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.

Neighborhood	Average Price
60053	$1M

Neighborhood

Average Price

60053

$1M

Morton Grove, IL Strip Malls for Sale

5644 Dempster Street, Morton Grove, IL 60053