Morton Grove, IL
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    Morton Grove, IL Strip Malls for Sale

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    Skokie, IL Glenview, IL Niles, IL
    Morton Grove Commercial Property
    $1,949,000
    16,000 SF
    Morton Grove Commercial Property

    6015-6049 Dempster Street, Morton Grove, IL 60053

    Income-producing commercial property in a high-traffic location.
    • 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.
    Updated: Apr 14
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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.

    Chicago Commercial Investment Opportunity
    $990,000
    0.30 Acres
    Chicago Commercial Investment Opportunity

    Five-unit commercial building on Chicago's Northwest side.

    7133-7143 W Higgins Avenue, Chicago, IL 60656

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    Mini Strip Center with Three Stores
    $429,000
    0.14 Acres
    Mini Strip Center with Three Stores

    Three-store retail mini strip center with 11 parking spaces and existing salon and bakery leases.

    3406 MAIN Street, Skokie, IL 60076

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    Three-Store Mini Strip Center
    $429,000
    Three-Store Mini Strip Center

    Small retail strip center with three leased storefronts, including a hair salon and bakery space.

    3406 MAIN Street, Skokie, IL 60076

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    Six-Unit Retail Strip Center
    $825,000
    9,750 SF
    Six-Unit Retail Strip Center

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

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

    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 Lot Strip Mall Opportunity
    $130,000
    0.16 Acres
    Corner Lot Strip Mall Opportunity

    Ideal corner location for a small strip mall or franchise.

    237 W 79th Street, Chicago, IL 60620

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    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres
    Prime Corner Commercial Land Available

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

    8450 Willow Springs Road, Willow Springs, IL 60480

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    Corner Lot in Beach Park
    $750,000
    1.36 Acres
    Corner Lot in Beach Park

    1.36 acre corner lot with high traffic visibility.

    12640 W WADSWORTH Road, Beach Park, IL 60087

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    Elgin Land Development Opportunity
    $10,000,000
    40.40 Acres
    Elgin Land Development Opportunity

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

    40 Acres Randall Road, Elgin, IL 60123

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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. These investment opportunities span a total of 16,000 square feet of properties for sale, with an estimated market value of $1,949,000.

    Sale prices for retail strips in Morton Grove, IL start at $1,949,000, averaging $1,949,000, 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

    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 $1.9M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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