Under contract
Contingent
8530 Grand Avenue
River Grove IL, 60171
$565,000
Under contract
Contingent
6 Beds
6 Baths
Multi-family
Built in 1964
Courtesy of Forte Properties, Inc.
Discover this exceptional mixed-use four-unit building situated on Grand Ave in the vibrant heart of River Grove! Surrounded by new development, dining and just steps from Starbucks, this property boasts a prime location. Enjoy effortless access to public transportation, with the Blue Line within blocks, expressways, O'Hare Airport, and downtown Chicago all within easy reach, ensuring a seamless commute. Whether you're a business owner, investor, or looking for owner occupancy, this property is a perfect opportunity to maximize your investment potential. Head upstairs to find a spacious "owner's unit" apartment featuring three bedrooms, a full bath, and a half bath. The rear unit on the top floor includes two bedrooms, one bath, and a private rooftop deck. Conveniently, this unit provides direct access to the two-car garage without stepping outside. The ground floor features a 950-square-foot storefront with two half baths, previously operated as a hair salon and currently available for new opportunities. Toward the rear of the building is a cozy one-bedroom, one-bathroom apartment. The ground floor is complete with a convenient laundry/utility room.The roof was completely replaced (tear-off) in 2021, providing the new owner with peace of mind for years to come. Offering a generous 4,400 square feet of space, this property is brimming with potential!
12172005
MLSⓇ ID
September 24, 2024
Listed
October 29, 2024
Updated
Map
8530 Grand Avenue
River Grove IL, 60171
Interior Features
Bedrooms
6
Total Bathrooms
6
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.08 Acres
Exterior Features
Balcony, Patio
Sewer
Public Sewer
School Information
School District
85.5
High School
East Leyden High School
Elementary School
River Grove Elementary School
Other Property Details
Area Name
River Grove
Taxes
$13,905
Tax Frequency
Annually
Days on Market
35
Garage
Yes
Garage Spaces
2
Parking Total
2
View
No
County
Cook
Municipality
Leyden
Water Source
Lake Michigan, Public
Pool
No
Zoning
MULTI
Listing History
Date | Event | Price |
---|---|---|
10/29/2024 | Under contract | — |
10/15/2024 | Price change | $565,000 -4% |
Courtesy of Forte Properties, Inc., John Warren,
Listing Contact: 847-894-2433
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Data last updated 1:39 AM UTC, 10/29/2024