Sold

Closed

8530 Grand Avenue

River Grove IL, 60171

$510,000


Sold

Closed

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

November 22, 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

34


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

11/22/2024

Sold

$510,000

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 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Francesco Campobasso are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/22/2024. 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.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 11:56 PM UTC, 11/22/2024

 

 

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