8530 Grand Avenue Save Request In-Person Tour Request Virtual Tour
River Grove,IL 60171
Key Details
Sold Price $510,0009.7%
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12172005
Sold Date
Bedrooms 6
Year Built 1964
Annual Tax Amount $13,904
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 25X150
Property Description
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!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement None
Interior
Heating Baseboard
Fireplace N
Exterior
Exterior Feature Balcony,Patio
Garage Attached
Garage Spaces 2.0
Waterfront false
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan,Public
New Construction false
Schools
Elementary Schools River Grove Elementary School
Middle Schools River Grove Elementary School
High Schools East Leyden High School
School District 85.5,85.5,212
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany