O'Neil Property Group

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$525,000
31 Days On Site

8503-8509 Fernald Avenue
Morton Grove, IL 60053

For Sale|Mixed Use|Active Under Contract
0
Beds
0
Total Baths
5,288
SqFt
$99
/SqFt
1910
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass
8503-8509 Fernald Avenue8503-8509 Fernald Avenue8503-8509 Fernald Avenue8503-8509 Fernald Avenue
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Presenting an exceptional investment and redevelopment opportunity in the heart of Morton Grove! Ideally positioned along the Fernald Avenue corridor, this two-story mixed-use property offers a versatile footprint with three ground-floor commercial spaces and residential accommodations above, creating an attractive opportunity for investors, developers, and owner-users alike. With portions of the renovation work already completed, the property provides a unique canvas for customization and the opportunity to bring a new vision to life. Surrounded by ongoing development and neighborhood amenities, the property benefits from a highly accessible location less than one mile from the Morton Grove Metra Station and just one mile from the four-way interchange of I-94, offering convenient connectivity throughout Chicagoland. Enjoy close proximity to Austin Park, shopping, dining, public transportation, and major expressways. With its adaptable layout, established mixed-use setting, and strategic location, this property presents an exciting opportunity to reposition an asset in a well-connected suburban market. Property is being sold as-is, where-is, with buyers responsible for verifying all permitted uses, zoning requirements, and the status of existing improvements.

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Listing Snapshot
PriceΒ 
$525,000
Days On SiteΒ 
31 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
5,288 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1910
MLS NumberΒ 
12780506
StatusΒ 
Active Under Contract
Property TaxΒ 
$31,115.32
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
3 days agoStatus changed to Active Under Contract
a month agoListing first seen on site
General Features
Property Sub TypeΒ 
Mixed Use
SqFt TotalΒ 
5288
ZoningΒ 
COMMR
Interior Features
ElectricΒ 
Circuit Breakers
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Exterior Features
Construction DetailsΒ 
Vinyl Siding
Community Features
MLS AreaΒ 
Morton Grove
TownshipΒ 
Niles
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2026-11-08 10:31 PM UTC. 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 checked: 2026-11-08 10:31 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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