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!
Room Features
Basement DescriptionNone
Lot & Building Features
HeatingBaseboard
Parking DescriptionGarage
SewerPublic Sewer
Tax Year2023
WaterLake Michigan, Public
Lot Dimensions25X150 ft
Community and Schools
Elementary School85.5
Junior High SchoolRiver Grove Elementary School
Senior High SchoolEast Leyden High School
Price History of 8530 Grand, River Grove, IL
Date
Name
Price
Difference
10/14/2024
Price Adjustment
$565,000
3.42%
12/31/1969
Listing Price
$585,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
8530 Grand (MLS #12172005) is a residential income listing located in River Grove, IL.
This residential income listing on a lot of 3,485 sqft (or 0.08 acres) with 6 bedrooms, 6 baths and is 51-60 Years years old. This property was listed on 09/24/2024 and has been priced for sale at $565,000.
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: Forte Properties, Inc.