I’m interested in 8827 Grand Avenue. Please send me current availability and additional details.
$900,000
• ACTIVE UNDER CONTRACT
8827 Grand Avenue
River grove, IL 60171
Days on Market: 38
MLS #12290683 / North to Grand Ave South of Clarke
Listing information updated 03/26/2025 at 9:18 pm
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.
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
