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Listing provided courtesy of Partners 4U Realty Inc.MREDas Distributed by MLSGrid- MLS# 12511551MLS Provider

9224 Waukegan RoadMorton Grove, IL 60053

Commercial · 4,321 Sq. ft.
$990,000 Active

9224 Waukegan Road Overview

Time on Site:
236 days
Visits:
5

The owner wants to cell this 2 story building with Cell- Tower lease agreement. Prime Retail/Restaurant Space!! Available for lease is a 4,321 SF two-story retail building, formerly occupied by a restaurant with full kitchen. Property offers ample parking and excellent exposure off Waukegan Road, 28,600 vehicles per day. Surrounding area features an abundance of residential households and variety of retail tenants. Super convenient location just east of Milwaukee Ave and just west of I-94 Expressway. Great Opportunity!!

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9224 Waukegan Road Facts & Features

  • Type Commercial
  • Sq. ft. 4,321
  • Price/Sq.ft. $229

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Existing Lease Type: Net
  • Net Operating Income: 0

Building Information

  • Year Built: 1949

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Electricity, Heat, Insurance, Scavenger, Sewer

Tax Information

  • Tax Annual Amount: $16,048.00
  • Tax Year: 2023

General Information

  • Parcel Number: 10181060480000
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4321

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 4321
  • Stories: 2

Unit Information

  • Unit SqFt.: 4321

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: State Road
  • Lot Size Dimensions: 12500
  • Lot Size Square Feet: 12500

9224 Waukegan Road 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.

9224 Waukegan Road 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.

9224 Waukegan Road Market Data

Based on the last 30 days in this zip code

$483,548
Average List Price
$303
Average Price per Square Foot
21
Properties Sold
44
Average Days on Market
83
Properties for Sale
Calculations provided by Reliance Network

9224 Waukegan Road History

Date Event Value Agent
11/10/2025Source: MRED Status Change
Active
11/5/2025Source: MRED Added to Database
November 05, 2025