Property for Sale: 524-530 W Grand, Elmhurst, IL 60126

$3,200,000
$3,200,000
524-530 W Grand, Elmhurst, IL 60126
$3,200,000
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Price:
$3,200,000
$100,000 - 10/17/2024

Type Commercial
Year Built 1999

City Elmhurst
County Du Page

MLS 12152242
Status Active
Introducing a premier commercial property at 530 W Grand Ave, Elmhurst, IL, offering an exceptional investment opportunity in one of Chicago's most desirable suburbs. This Approx 10,000 sq. ft. building is situated on a 1.63-acre lot with Grand Ave frontage of 290 feet. The property is equipped with 20 spacious service bays featuring 12-foot clearance, making it ideal for a range of automotive services and related businesses. Currently, the property houses four well-established tenants, including a car dealership, tire shop, mechanic shop, and detailing center, two of which are multinational brands, ensuring steady, long-term rental income. The facility has undergone comprehensive upgrades in 2024, including a new roof, professional tuckpointing, fresh exterior and interior paint, and fully renovated restrooms, enhancing both its functionality and aesthetic appeal. Positioned in a prime location with easy access to major transportation routes, this property benefits from a high-traffic area and strong regional demographics, making it highly attractive for continued commercial success. With its robust tenant base, strategic location, and recent capital improvements, this property represents an outstanding opportunity for investors seeking long-term value and growth potential.

Virtual Tours for 524-530 W Grand Elmhurst, IL

Lot & Building Features

Construction Brick, Steel Siding
Cooling Office Only
Tax Year 2023
Lot Dimensions 1.63 ft

Price History of 524-530 W Grand, Elmhurst, IL

Date Name Price Difference
10/17/2024 Price Adjustment $3,200,000 3.03%
12/31/1969 Listing Price $3,300,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Bill Biros
Bill Biros
Broker/Owner
Direct: 708-237-7711
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Baird & Warner, Majji Bhatti & James Bergeron
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524-530 W Grand (MLS #12152242) is a commercial listing located in Elmhurst, IL. This property was listed on 09/26/2024 and has been priced for sale at $3,200,000.

Nearby zip codes are 60101, 60106, 60148, 60181 and 60191. This property neighbors other cities such as Addison, Bensenville, Lombard, Villa Park and Wood Dale.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Baird & Warner