8338 Austin AveMorton Grove, IL 60053

  • Industrial properties
  • 5.51 AC
For Lease
$8.50/SF/YR View listing

Property Details for 8338 Austin Ave

Year built
1994
Lot size
5.51 AC
Property type
Industrial properties
APN
10-20-301-024
APU
1020301024

Description

This exceptional Morton Grove, Illinois property at 8338 Austin Ave offers a unique blend of executive office, flex, and warehouse space, ideal for a variety of businesses. The building totals 47,355 square feet, with the entire space currently available for lease. The minimum leasable area is 10,000 square feet, allowing for flexibility to accommodate businesses of varying sizes. The property boasts a generous 14-foot ceiling height, providing ample vertical space for storage or specialized equipment. Logistics are streamlined with four loading docks and one drive-in door, ensuring efficient loading and unloading operations. Ample parking is available with 71 spaces provided for employees and clients. The property is zoned M-2, suitable for a range of industrial and commercial uses. Located in Cook County, Illinois, with a Morton Grove address and zip code 60053, this property offers convenient access to major transportation routes. The entire 47,355 square feet is vacant and ready for immediate occupancy. This is a rare opportunity to secure a large, versatile space in a prime location. Contact us today to schedule a viewing and explore the possibilities.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $82,697,064
    Hospitality
    $75,750,072
    Educational
    $63,023,168
    Medical
    $65,190,632
    Retail
    $98,036,040

Location Insight

City
Morton Grove
County
Cook
State
Illinois
Latitude
42.0332
Longitude
-87.778
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$385,201
$510,034
$889,640
$1,399,674
-
$2,040,136
$3,558,560
$5,598,696

FAQs

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