8530 Grand Avenue River Grove, IL 60171
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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyCook
- Taxes$13,904
- HOA/Condo/Coop Fees$0
- Days on Site2 Days
- MLS StatusActive
- MLS ID Number12172005
- Home Size Source N/A
- Year Built1964
- Lot Size0.08 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 2
- Sewer Public Sewer
- Basement None
- Acreage 0.08
- Water PublicLake Michigan
- Property Sub Type Multi Family
- Garage Spaces 2
- Zoning MULTI
- General Information Commuter BusCommuter Train
- Garage Attached
- Rooms Total 16
- Lot Size Less Than .25 Acre
- Parking Total 2
Interior Features
- Heating Baseboard
- Room Types DenUtility Room-1st FloorWorkshop
Exterior Features
- Waterfront Property No
- Exterior BalconyPatio
Community Features
- Township Leyden
- MLS Area River Grove