6015-6049 Dempster Street Morton Grove, IL $ 1,949,000
6015-6049 Dempster Street
$ 1,949,000
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6015-6049 Dempster Street

Morton Grove, IL, 60053
$ 1,949,000
Bedrooms-- Baths-- Sq 16,000

Monthly Estimate*

$ 12,000

6015-6049 Dempster Street, Morton Grove, IL 60053 - Image 1
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6015-6049 Dempster Street, Morton Grove, IL 60053 - Image 7

Commercial Property for sale in Morton Grove, IL

for $1,949,000. This 16,000 square foot building was built in 1957 on a lot size of 0.688705.

Strategically positioned along major Dempster St., Route IL 58 at the intersection of Austin Ave. Exceptional multi-use property features 3-Contiguous, income-producing buildings in a highly desirable commercial corridor, situated within less than 1-mile from Interstate I-94, benefiting from consistent daily traffic driven by both retail and professional activities. The property is fully leased and comprises 12-storefronts and offices totaling approximately 16,000 Sq. ft., offering stable and diversified income. Parking is available in the front and rear of the buildings, with additional convenient access to the adjacent Morton Grove Village public parking lot. A great opportunity to acquire a well-maintained, high-visibility asset in a prime location with strong ongoing demand.

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Commercial Active

Price

$ 1,949,000

Property Type

Commercial

Taxes

$ 96,000

Style

Retail

Lot Size

0.688705

Year Built

1957

Town/City

Morton Grove

County/Region

Cook

MLS | Web ID

12611488

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1957
Electric Circuit Breakers
Stories Count 1
Tax Year 2024
Current Use Commercial
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 164760
Insurance Expense 13000
Property Type Commercial Sale Retail/Stores
Status New
Directions Dempster St. between Austin Ave. and School Ave. I-94 Dempster St. between I-90 and I-294
City Morton Grove
Number Of Units Total 12
MLS Area Morton Grove
Lot Size Square Feet 30000
Tax Annual Amount 96000
Electric Expense 1500
Water Sewer Expense 2000
Additional Parcels Y/N N
Leasable Area 16000
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 16000
Lot Dimensions 240x125
Frontage Type City Street
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* Excluded Features
List By
Century 21 Circle

Broker

mark@chicagorealestatemarkets.com

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Affordability Calculator

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Monthly Principal & Interest
$12,000
Monthly Property Taxes
$8,000
Monthly Home Insurance
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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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$1,949,000 Listed Price

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6015-6049 Dempster Street, Morton Grove, IL, 60053 is a Commercial Property for sale at $1,949,000 with 16,000 sqft and a lot size of 0.688705. 6015-6049 Dempster Street was built in 1957. The property's zip code is 60053 which is in Morton Grove, IL