Active
8827 Grand Avenue
River Grove IL, 60171
$900,000
Active
Other
Built in 1965
Courtesy of Cross Street Real Estate
8827 Grand Avenue, a seven unit mixed use property located in River Grove, Illinois. The subject property consists of five two-bedroom / one and one-half bathroom apartments and two retail spaces. The retail spaces are occupied by local service-oriented tenants. The apartment units have been renovated with various updates over the years. Four units have individual boilers and one apartment has radiant heat. Tenants are responsible for their own heat and electricity. Recent capital improvements include newer apartment windows, water heater and rear porch. On-site amenities include five parking spaces, laundry facility and storage lockers. This opportunity allows for a new investor or owner-user the ability to acquire a well-maintained, mixed-use asset located in a desirable River Grove location. New ownership can increase cashflow by bringing rents to market and marketing for the five parking spaces.
12290683
MLSⓇ ID
February 17, 2025
Listed
February 23, 2025
Updated
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
River Grove
Taxes
$25,236
Tax Frequency
Annually
Days on Market
7
Garage
No
View
No
County
Cook
Municipality
Leyden
Pool
No
Courtesy of Cross Street Real Estate, Alex Bok,
Listing Contact: 630-362-1937
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Based on information submitted to the MLS GRID for MRED 2/23/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 7:11 AM UTC, 2/23/2025
