Properties

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: Central Air
Address Map
US
IL
Cook
River Grove
60171
Grand
8827
Avenue
W88° 5' 55.1''
N41° 48' 53.7''
North to Grand Ave South of Clarke
River Grove
River Grove
Additional Information
Separate Meters
Separate Meters
0.14 ACRES
7
7
2
Cross Street Real Estate
Alex Bok
Financial
25236
Listing Information
1012855
87286
MRED
Listing Information
Contingent
2025-03-26T21:18:02Z
2025-03-26T21:17:26Z
Property Description

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.

Commercial Sale For Sale

8827 Grand Avenue, River Grove, Illinois 60171

$900,000
Listing ID#12290683
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12290683
Price : $900,000
Year Built : 1965
Listing Status : Active Under Contract
Property Sub Type : Apts/Ofc/Store
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