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5800-5814 Dempster St 2 Retail Properties Offered at $2,590,000 in Morton Grove, IL
Investment Highlights
- High visibility on Dempster Street | Located in Dempster Street Commercial Corridor
- Well-established and thriving Near North neighborhood with unbounded growth potential
- ±93,000 SF development potential, with 11,000 SF of retail
- 0.82 miles from Morton Grove Metra station & 0.40 miles to the Edens Expressway/I-94
- Identification of Menard & Dempster as a prime redevelopment
- 34,900 VPD on Dempster Street
Executive Summary
5800-5814 W Dempster Street, totaling 24,494 SF, sits at the intersection of commerce and connectivity. The property is surrounded by a well-established mix of national retailers, local businesses, and service providers, benefiting from strong consumer traffic and stable demographics.
The immediate area is supported by a dense residential population, with a healthy mix of single-family homes, multifamily developments, and nearby schools contributing to consistent local demand. Major shopping centers, medical offices, and civic institutions are all within a short drive.
Some images have been digitally altered for marketing purposes.
The immediate area is supported by a dense residential population, with a healthy mix of single-family homes, multifamily developments, and nearby schools contributing to consistent local demand. Major shopping centers, medical offices, and civic institutions are all within a short drive.
Some images have been digitally altered for marketing purposes.
Property Facts
| Price | $2,590,000 | Number of Properties | 2 |
| Price / SF | $178.50 / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 14,510 SF |
| Sale Type | Investment | Total Land Area | 0.83 AC |
| Status | Active |
| Price | $2,590,000 |
| Price / SF | $178.50 / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,510 SF |
| Total Land Area | 0.83 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5800-5814 Dempster St, Morton Grove, IL 60053 | Retail | 7,460 SF | 1960 | - |
| 5810-5814 Dempster Ave, Morton Grove, IL 60053 | Retail | 7,050 SF | 1980 | - |
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5800-5814 Dempster St
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