9224 Waukegan Road Morton Grove, IL ^$ 990,000

9224 Waukegan Road

^$ 990,000

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9224 Waukegan Road

Morton Grove, IL, 60053

^$ 990,000

Bedrooms-- Baths-- Sq 4,321

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Property for Rent in Morton Grove, IL

for $990,000. This 4,321 square foot property was built in 1949 on a lot size of 0.286961.

The owner wants to cell this 2 story building with Cell- Tower lease agreement. Prime Retail/Restaurant Space!! Available for lease is a 4,321 SF two-story retail building, formerly occupied by a restaurant with full kitchen. Property offers ample parking and excellent exposure off Waukegan Road, 28,600 vehicles per day. Surrounding area features an abundance of residential households and variety of retail tenants. Super convenient location just east of Milwaukee Ave and just west of I-94 Expressway. Great Opportunity!!

Rental Active

Price

^$ 990,000

Taxes

^$ 16,048

Style

Lot Size

0.286961

Year Built

1949

Town/City

Morton Grove

County/Region

Cook

MLS | Web ID

12511551

Features

General

Cooling Central Air

Zoning COMMR

Year Built 1949

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Insurance Scavenger Sewer

Stories Count 2

Township Niles

Tax Year 2023

Assoc Fee Paid Per Not Applicable

County Cook

Net Operating Income 0

Property Type Commercial Sale Retail/Stores

Status Active

Directions E on Route 58 (Golf Rd) S on Waukegan Rd

City Morton Grove

MLS Area Morton Grove

Lot Size Square Feet 12500

Tax Annual Amount 16048

Additional Parcels Y/N N

Leasable Area 4321

Lease Type Net

Standard Status Active

Total Actual Rent 5000

Exterior

Building Area Total 4321

Lot Dimensions 12500

Frontage Type State Road

* Excluded Features

List By

Partners 4U Realty Inc.

Broker

greenleaf3133@gmail.com;greenleaf3133@gmail.com

Nearby

Trends
Schools

About Morton Grove, IL

23,652 Population

5% Since 2002

^$77,634 Median Income

45.77 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2025	$990,000		Listed Price

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9224 Waukegan Road, Morton Grove, IL, 60053 is a Property for Rent at $990,000 with 4,321 sqft and a lot size of 0.286961. 9224 Waukegan Road was built in 1949. The property's zip code is 60053 which is in Morton Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Data is updated as of 2/23/2026.

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9224 Waukegan Road

Property for Rent in Morton Grove, IL

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