$989,900

8609 W Grand Avenue, River Grove, IL 60171

  • 5,773 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $171/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Excellent Investment Opportunity! Add this fully occupied, well-maintained brick 6-unit to your investment portfolio. Featuring six 2-bedroom, 1-bath units, this income-producing property offers approximately 5,773 square feet of building space on a 50' x 124' lot. Each unit is separately metered for electric, with tenants responsible for their own electric usage, helping simplify operating expenses. All six units include a range and refrigerator, hot water baseboard heat with individual thermostats, and window A/C units. Tenant conveniences include an on-site laundry room with two coin operated washers and two coin operated dryers, dedicated storage for each unit, and operated six rear parking spaces. The property is currently fully occupied, providing an investor with established tenancy from day one. Long-time ownership and consistent maintenance add to the appeal of this solid investment property. Conveniently located near public transportation, schools, shopping, and area amenities. A great opportunity to acquire an established multi-unit property with immediate rental income and long-term investment potential. This property will convey up to code per Village of River Grove Pre-sale inspection.

Listing Status:
Active
Data Last Updated:
October 11, 2026 at 12:20AM
Listing Office:
Coldwell Banker Realty : 708-878-0289
Listing Agent:
Lynn Bjorvik : 708-878-0289
MLS ID:
12720675
  • A/C: Window Unit(s)
  • Roofing: Composition
  • Road/Access: City Street
  • Originating MLS: mred
  • County: Cook
  • Zoning: MULTI12263070130000
  • Current Use: Multi-Family
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Lynn Bjorvik , Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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