8827 Grand Avenue , River Grove, IL 60171
River Grove, IL 60171
Description
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.
Details
| MLS# | 12290683 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1965 |
| Days On Site | 60 |
| Listing Provided By | Cross Street Real Estate | Alex Bok |
Features
| Story(s) | 2 |
|---|---|
| Units | 7 |
Market Activity 60171
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | River Grove |
| Zip Code | 60171 |
| Area | River Grove |
| Listing VS Median (In 60171) | |
Price: $900,000 low | high Med: $4,800 On site: 60 low | high Med: 209.000000 | |