River Grove, IL 60171,8530 Grand AVE
See all 40 photos
River Grove, IL 60171,8530 Grand AVE
River Grove, IL 60171,8530 Grand AVE
River Grove, IL 60171,8530 Grand AVE
River Grove, IL 60171,8530 Grand AVE

$510,000

Est. payment /mo

$565,000

9.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8530 Grand AVE River Grove, IL 60171

6 Beds

3,484 Sqft Lot

SOLD DATE : 11/21/2024

Key Details

Sold Price $510,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12172005

Sold Date 11/21/24

Bedrooms 6

Year Built 1964

Annual Tax Amount $13,904

Tax Year 2023

Lot Size 3,484 Sqft

Lot Dimensions 25X150

Property Description

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!

Location

State IL

County Cook

Area River Grove

Zoning MULTI

Rooms

Basement None

Interior

Heating Baseboard

Fireplace N

Exterior

Exterior Feature Balcony, Patio

Garage Attached

Garage Spaces 2.0

Building

Sewer Public Sewer

Water Lake Michigan, Public

New Construction false

Schools

Elementary Schools River Grove Elementary School

Middle Schools River Grove Elementary School

High Schools East Leyden High School

School District 85.5 , 85.5, 212

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by John Warren • Forte Properties, Inc.
Bought with Martha Lozano • RE/MAX City

Craig Hogan

+1(773) 742-5929

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.