Listing provided courtesy of Strauss Realty LtdMREDas Distributed by MLSGrid- MLS# 12184464MLS Provider

8150 Lehigh AvenueMorton Grove, IL 60053

Commercial · 37,666 Sq. ft.
$3,999,000 Active

8150 Lehigh Avenue Overview

Time on Site:
629 days
Visits:
22

Morton Grove, IL - User/Investor Opportunity - 37,666 SF Building for Sale. Currently there is a 29,818 SF warehouse (NNN leased and generating income of $226K per year) and a second floor 7,848 SF office (available for lease). Potential for 21,383 SF 1st and 2nd Floor Available for User. 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 the METRA station (less than 10 minute walk) and Menards (3-minute drive). Close proximity to location close to Eden's Expressway, Costco, Walmart and more.

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8150 Lehigh Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 37,666
  • Price/Sq.ft. $106

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Gross Income: 219252
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1989

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Morton Grove

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $0.00
  • Tax Year: 2023

General Information

  • Parcel Number: 99999999900000
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: INDUS

Interior

Building Interior

  • Building Area Total: 37666

General Information

  • Cooling: Central Individual
  • Electric: Other
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 37666

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 0X0
  • Lot Size Square Feet: 0

General Information

  • Number Of Units Total: 2

8150 Lehigh Avenue Neighborhood

Community

60053 (MORTON GROVE) Demographics

47
Median Age
4,564
Population Density (per sq. mile)
54%
College Educated
$87,063
Estimated Median Income
7,691
Estimated Total Home Owners
1,095
Estimated Total Renters
88% / 12%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8150 Lehigh Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8150 Lehigh Avenue Market Data

Based on the last 30 days in this zip code

$473,426
Average List Price
$310
Average Price per Square Foot
24
Properties Sold
45
Average Days on Market
81
Properties for Sale
Calculations provided by Reliance Network

8150 Lehigh Avenue History

Date Event Value Agent
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Reduction
$3,999,000 -5.9%
7/31/2025Source: MRED Status Change
Active
10/14/2024Source: MRED Status Change
Active
10/9/2024Source: MRED Added to Database
October 09, 2024
4/11/2024Source: MRED Status Change
Rented