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8250 W Grand Avenue

River Grove, IL 60171
  • $779,900
  • STATUS: Active
  • ON SITE: 92 Days
  • MLS #: 12296390
UPDATED: 61 min ago
$779,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

Exceptional Investment Opportunity in River Grove! Seize the chance to own a unique 6-unit building in the thriving West Cook community of River Grove, where growth and positive change are everywhere! This non-conforming property consists of five spacious 2-bedroom units and one 1-bedroom unit in the basement all generously sized due to the building's layout. Recent updates include improved rear decking, and the hot water boiler is only six years old. Each unit is separately metered for cooking gas and electricity, providing efficiency and convenience. The property features general storage in the basement, parking for 5 cars, and off-street parking options. Owner-supplied refrigerators and stoves are included, and with no leases in place, this is the perfect opportunity to select your own tenants or house family members. River Grove offers a blend of small-town charm and city accessibility, with amenities such as scenic river trails along the Des Plaines River, vibrant festivals, and proximity to Triton College. Don't miss this fantastic chance to invest in a high-demand rental market!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-15T11:01:16.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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8250 W Grand Avenue River Grove, IL 60171

  • Price: $779,900
  • Status: Active
  • On Site: 92 Days
  • Updated: 61 min ago
  • MLS #: 12296390
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Exceptional Investment Opportunity in River Grove! Seize the chance to own a unique 6-unit building in the thriving West Cook community of River Grove, where growth and positive change are everywhere! This non-conforming property consists of five spacious 2-bedroom units and one 1-bedroom unit in the basement all generously sized due to the building's layout. Recent updates include improved rear decking, and the hot water boiler is only six years old. Each unit is separately metered for cooking gas and electricity, providing efficiency and convenience. The property features general storage in the basement, parking for 5 cars, and off-street parking options. Owner-supplied refrigerators and stoves are included, and with no leases in place, this is the perfect opportunity to select your own tenants or house family members. River Grove offers a blend of small-town charm and city accessibility, with amenities such as scenic river trails along the Des Plaines River, vibrant festivals, and proximity to Triton College. Don't miss this fantastic chance to invest in a high-demand rental market!
Exterior Features

Foundation Details Concrete Perimeter Land Amenities Sidewalks Outdoor Parking 1-5 Spaces Roof Composition Roof Structure Gable

Interior Features

Basement Details Exterior Entry Cooling None Heat Ventilation Central Bldg HeatGasRadiators Number Of Dishwashers 0 Number Of Dryers 0 Number Of Ranges 6 Number Of Washers 0

Property Features

Additional Parcels YN No Approximate Age Older Association Fee Includes None Building Area Total 4092 Built Before1978 YN Yes Current Use Multi-Family Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Gross Income 72480 Gross Scheduled Income 73480 Insurance Expense 1100 Location Mixed Use AreaPublic Transport Avail Maintenance Expense 4390 Mls Actual Status Active Net Operating Income 41713 Operating Expense 31767 Ownership Types Limited Liability Corp Tax Annual Amount 16169 Tax Year 2023 Tenant Pays None Total Monthly Income 5940 Township Leyden Type Multi Family 5+ Utilities None Zoning MULTI

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner: 630-778-1855.


© 2025 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-15T11:01:16.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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