8150 Lehigh AveMorton Grove, IL 60053

  • Industrial properties
  • 2.24 AC
For Sale
$4,250,000 View listing

Property Details for 8150 Lehigh Ave

Year built
1989
Lot size
2.24 AC
Property type
Industrial properties
APN
10-20-300-037
APU
1020300037

Description

This exceptional Morton Grove property at 8150 Lehigh Ave offers a combined 37,666 square feet of versatile office and warehouse space. Currently, 7,848 square feet is immediately available for lease, perfect for a business seeking a significant footprint. The building boasts a desirable multi-tenant configuration, providing flexibility and potential for expansion. The warehouse component features a substantial 23.6-foot ceiling height, two dock-high doors, and two convenient drive-in doors, ensuring efficient loading and unloading operations. Ample parking is available to accommodate employees and visitors. The property is strategically located in Cook County, Illinois, with easy access to major transportation routes, making it an ideal location for businesses needing convenient access to the surrounding area. The address is 8150 Lehigh Ave, Morton Grove, IL 60053. This is a rare opportunity to secure a substantial and well-equipped space in a prime location. The available space is ideal for a variety of businesses requiring both office and warehouse functionality. The combination of ample space, high ceilings, multiple loading options, and convenient parking makes this property a highly attractive option for businesses seeking a strategic location in the thriving Morton Grove market. Don't miss this chance to secure your ideal workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $33,618,940
    Hospitality
    $30,794,768
    Educational
    $25,620,886
    Medical
    $26,502,028
    Retail
    $39,854,712

Location Insight

City
Morton Grove
County
Cook
State
Illinois
Latitude
42.0305
Longitude
-87.7839
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
$148,062
$206,987
$331,013
$538,000
-
$827,948
$1,324,052
$2,152,000

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