Strip Mall

Morton Grove, IL Strip Malls 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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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Morton Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

6-Unit Strip Mall
6-Unit Strip Mall

3718-3724 Dempster St, Skokie, IL 60076

$799,000
7,547 sqft

Multi-tenant retail property with available space, interstate connectivity, and an adjacent public parking lot.

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Retail Investment Opportunity in Des Plaines
Retail Investment Opportunity in Des Plaines

669-685 Graceland Ave, Des Plaines, IL 60016

$1,900,000
10,825 sqft

Stable 6-unit retail asset with investment potential in Des Plaines.

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Three-Store Strip Mall
Three-Store Strip Mall

3406 MAIN Street, Skokie, IL 60076

$429,000
0.14 AC lot

Zoned COMMR with central air and on-site parking.

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Six-Unit Retail Strip Center
Six-Unit Retail Strip Center

669 Graceland Ave, Des Plaines, IL 60016

$1,900,000

Retail center in the Des Plaines Business District with one remaining vacancy.

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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.

Corner Commercial Land
Corner Commercial Land

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Four adjoining parcels carry a COMMR zoning designation in Chicago.

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Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

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

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Commercial Corner Lot
Commercial Corner Lot

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

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

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Commercial Land at Signalized Intersection
Commercial Land at Signalized Intersection

40 Acres Randall Road, Elgin, IL 60123

$10,000,000
40.40 AC lot

Large commercial land tract with adjacent sewer and water and possible shared access.

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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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 7
Auto shops 3
Automotive properties 3
Shopping centers 3
Showrooms 3

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 $1.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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