Strip Mall

Morton Grove, IL Strip Malls for Sale

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Skokie, IL Glenview, IL Niles, IL Chicago, IL Park Ridge, IL Evanston, IL Des Plaines, IL Lincolnwood, IL
Multi-Unit Retail Strip Center
Updated: Apr 14
Multi-Unit Retail Strip Center

6015-6049 Dempster Street, Morton Grove, IL 60053

$1,949,000
For‑sale strip mall on Dempster Street in Morton Grove, IL
Central air conditioning
Built in 1957
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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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

Six-Unit Retail Plaza
Six-Unit Retail Plaza

3718-3724 Dempster Street, Skokie, IL 60076

Contact for pricing
7,500 sqft

Six-unit retail plaza with new roof (2020); currently two units are leased and the remainder is vacant.

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Three-Store Shopping Center
Three-Store Shopping Center

3406 MAIN Street, Skokie, IL 60076

$429,000
0.14 AC lot

Commercially zoned retail property with central air and on-site parking.

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

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

Contact for pricing
9,750 sqft

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

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Retail Strip Mall Near Rogers Park
Retail Strip Mall Near Rogers Park

2628-34 W Touhy Avenue, Chicago, IL 60645

$699,000

Single-story brick building with five storefronts and ample parking.

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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 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.

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Corner Commercial Land
Corner Commercial Land

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

The corner parcel accommodates concepts ranging from individual retail buildings to a multi-tenant strip center.

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Corner Commercial Land Parcel
Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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Elgin Land Development Opportunity
Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000
40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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Morton Grove, IL Strip Malls Market Trends and Statistics

Explore 2 strip malls for sale in Morton Grove, IL on our real estate platform.

Sale prices for retail strips in Morton Grove, IL start at $1,000,000, averaging $1,474,500, and reaching up to $1,949,000 — 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 9
Shopping centers 6
Showrooms 4
Auto shops 3
Automotive properties 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 $1.6M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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