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8150 Lehigh Ave 37,666 SF 79% Leased Industrial Building Morton Grove, IL 60053 $3,999,000 ($106.17/SF)

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INVESTMENT HIGHLIGHTS

  • Excellent location down the street from Morton Grove Metra
  • 2nd floor Office space available for lease
  • Heated floors in warehouse
  • Warehouse space NNN leased and generating income
  • Features showroom space
  • Heavy parking and outdoor storage

EXECUTIVE SUMMARY

User / Investor Opportunity in Morton Grove - 37,666 SF industrial building for sale with office space. 29,818 SF warehouse space is leased, currently generating income of $226,532/yr NNN. Second floor 7,848 SF office is available for lease. Building features 23.6' clear ceiling height, 2 shared docks and 3 drive-in doors. Wet sprinklers. There is showroom space, heated floors in the warehouse, heavy parking and outdoor storage. Excellent location down the street from Morton Grove Metra. Close proximity to I-94, Menards, Costco, Walmart and more. Potential for 21,383 SF 1st and 2nd Floor available for user.

PROPERTY FACTS

Price $3,999,000
Price Per SF $106.17
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.00 AC
Rentable Building Area 37,666 SF
No. Stories 2
Year Built 2005
Parking Ratio 1.91/1,000 SF
Clear Ceiling Height 23’6”
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 3
Zoning I

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Floor
  • 7,848 SF
  • Office
  • Full Build-Out
  • Now

Second floor office , 7,848 SF available for lease. Excellent location down the street from Morton Grove Metra Station (7 minute walk). Heavy parking. Close proximity to Touhy Avenue and Eden's Expressway. Nearby businesses include Menards, Grainger Industrial Supply, Costco, Walmart, and much more.

Space Size Space Use Condition Available
2nd Floor 7,848 SF Office Full Build-Out Now

2nd Floor

Size
7,848 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size 7,848 SF
Space Use Office
Condition Full Build-Out
Available Now

Second floor office , 7,848 SF available for lease. Excellent location down the street from Morton Grove Metra Station (7 minute walk). Heavy parking. Close proximity to Touhy Avenue and Eden's Expressway. Nearby businesses include Menards, Grainger Industrial Supply, Costco, Walmart, and much more.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-20-300-037-0000
Land Assessment
$206,988
Improvements Assessment
$331,016
Total Assessment
$538,004
  • Listing ID: 33463899

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 8150 Lehigh Ave, Morton Grove, IL 60053

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