A fantastic value-added retail opportunity or user/investor opportunity on Waukegan Road in Morton Grove. 4,800 square foot freestanding building features 6 commercial spaces, of which 5 units are currently leased. One 800 square foot unit is available for a user or can be leased for additional income. The site offers tremendous visibility and exposure along Waukegan Road. The existing two tenants have short-term leases which allow an investor the flexibility to reposition the center and increase cash flow or allow a user to occupy a unit(s) for their own operation and collect income from the remaining leased units. The property is located along a busy commercial corridor that enjoys numerous national retailers, franchises, as well as Audi and Honda auto dealerships.
Property Features
Listing Courtesy: Stefco Commercial Real Estate - 847-800-5505
Based on information submitted to the MLS GRID as of 2026-01-28 00:31:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-01-28 00:31:09
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
EXIT REALTY REDEFINED
2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008