5636 Dempster Street Morton Grove, IL ^$ 1,290,000

5636 Dempster Street

^$ 1,290,000

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5636 Dempster Street

Morton Grove, IL, 60053

^$ 1,290,000

Studio Baths0.0 Sq 10,200

Monthly Estimate*

^$ 8,574

5636 Dempster Street, Morton Grove, IL 60053 - Image 1

5636 Dempster Street, Morton Grove, IL 60053 - Image 2

5636 Dempster Street, Morton Grove, IL 60053 - Image 3

5636 Dempster Street, Morton Grove, IL 60053 - Image 4

5636 Dempster Street, Morton Grove, IL 60053 - Image 5

Studio

Commercial Property for sale in Morton Grove, IL

for $1,290,000. This 10,200 square foot building was built in 1963.

Rare Investment offer! Arm Chair Investment with 8 Store Strip Shopping Center (5 tenants) in the Heart of Morton Grove's Central Business District. Conveniently Located 1.5 blocks west of I-94/Edens Highway(4 way clover leaf) on busy Dempster Street with approximately 40,000 VPD traffic count. 157 ft frontage on Dempster St with approximately 35 parking spaces in rear of building. Spectacular Location for your Business' Brand Identity and Maximum Exposure. The Ultimate Armchair Investment.

Commercial Active

Price

^$ 1,290,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 42,729

Style

Commercial

Year Built

1963

Town/City

Morton Grove

County/Region

Cook

MLS | Web ID

12024220

Features

General

Cooling Central Air

Zoning RTAIL

Construction Materials Brick

Year Built 1963

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat Repairs Scavenger Sewer

Stories 1

Township Niles

Property SubType Strip Center

Tax Year 2022

Current Use Commercial

Gross Income 126000

County Cook

Net Operating Income 0

Operating Expense 49477

Property Type Commercial Sale Retail/Stores

Status Active

Directions NORTH EAST CORNER DEMPSTER & MAJOR

City Morton Grove

NumberOfUnitsTotal 8

MLS Area Morton Grove

Lot Size Square Feet 0

Street Name Dempster

Tax Annual Amount 42729

Additional Parcels Y/N Y

Leasable Area 10200

Days on Market 7

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 10200

Lot Dimensions 157 X 118

Frontage Type State Road

Interior

Street Suffix Street

* Excluded Features

List By

Century 21 Circle

Broker

nick@century21marino.com

Affordability Calculator

$12,134

Per Month

Monthly Principal & Interest: $8,574
Monthly Property Taxes: $3,561
Monthly Home Insurance: --

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Loan Term

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Commerical listings in Morton Grove, IL

Average List Price ^$693,349

Percent of Sale Price 46%

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
4/8/2024	$1,290,000		Listed Price

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5636 Dempster Street, Morton Grove, IL, 60053 is a Commercial Property for sale at $1,290,000 with 10,200 sqft. 5636 Dempster Street is a studio with 0.0 baths and was built in 1963. 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 6.99% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/6/2024.

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5636 Dempster Street

Commercial Property for sale in Morton Grove, IL

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