River Grove, IL 60171 8530 Grand Avenue

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Presented By: Forte Properties, Inc.
  • MLS# 12172005
  • 09/24/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 6
  • Full/Half Baths • 6 / 3
  • Garage • 2

Home Details

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. With a total living space exceeding the storefront area, this property easily qualifies for FHA or conventional financing. 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!
Presented By: Forte Properties, Inc.

Interior Features for 8530 Grand Avenue

Bedrooms

Bedrooms Possible6
Total Bedrooms6

Bathrooms

Full Baths Building3
Half Baths Building3
Total Baths6

Other Interior Features

BasementNone
BasementNone
Total Number of Units4

Other Rooms

Room TypeDen, Utility Room-1st Floor, Workshop

General for 8530 Grand Avenue

CityRiver Grove
CountyCook
Days on Market6
DirectionsNorth Ave to Thatcher/1st Ave to Grand Ave, Property is on North Side of the Street
Elementary SchoolRiver Grove Elementary School
Elementary School District85.5
Exterior FeaturesBalcony, Patio
Garage Spaces2
HeatingBaseboard
High SchoolEast Leyden High School
High School District212
MLS AreaRiver Grove
Middle/Junior High SchoolRiver Grove Elementary School
Middle/Junior School District85.5
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing, Tenant's Rights
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount13904.92
Tax Year2023
Total Rooms16
TownshipLeyden
Waterfront Y/NNo
Year Built1964
ZoningMULTI

Exterior for 8530 Grand Avenue

ExteriorBrick
Garage OnsiteYes
Garage OwnershipOwned
Garage TypeAttached
Lot Dimensions25X150
Lot Size Acres0.08
Total Parking2
Water SourceLake Michigan, Public

Additional Details

Price History

Schools

Middle School River Grove Elementary School
High School East Leyden High School

Worth Clark

Price $585,000
MLS#12172005
List Date 09/24/2024
Property Type Multi-Family
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