Solid O'Connor Drive investment opportunity. All masonry 6-unit rental building with 6+ CAP RATE located in River Grove within walking distance to River Grove Metra, shopping & restaurants. Solid "workforce" 6 unit -- three (3) 2BR/1 bath and three (3) 1BR/1 bath. 6 parking spaces and laundry. Current monthly rental income is $7150. Rents are below market. Property will be sold AS-IS. Tear off roof 2006 & aluminum coating 2023, boiler replaced 2008 with wifi sensors, replacement windows installed 2007, new hot water heater 2023. Village of River Grove pre sale inspection completed. Convenient bus stops located along Cumberland Avenue, Belmont Avenue and Grand Avenue. O'Hare Airport is six miles northwest.
Introducing an exceptional commercial property in River Grove, IL! This 7,500 square foot bow truss building is packed with features including two overhead doors, one 14 feet high and the other 12 feet high, along with two docks for efficient logistics. Complementing this space is 17,500 square feet of gated land surrounding the building, a rare find in this area. It also includes a 1,500 square foot office space equipped with HVAC, making it ideal for various business needs. On the market for the first time in over 30 years, this property was previously used by a roofing company and boasts a warehouse with a drain and oil separator, as well as a dry sprinkler system. Zoned M-1 for light manufacturing, it offers endless possibilities for its next owner. Plus, with the owner willing to finance the purchase and the benefit of low taxes across three PIN numbers, this opportunity is not to be missed! Cross beam height is approximately 13 feet. Height between cross beams is approximately 22 feet at its peak.
Currently used an well established printing company since 1985. Well maintained, and exceptionally clean. 3 offices, full kitchen and bath. Large work area. Back alley and garage door entrance for loading. New 10 ton A/C 2023. All appointments through L.A. ONLY.
Great free standing masonry auto service building on Grand Ave. Excellent automotive or redevelopment opportunity! Building is approx. 2000 +/- SQ FT, front retail reception area, Land is 5,411sq FT, Lot size - 87.7'x61.7 Zoning C-3 heavy commercial district 87.7sq FT of frontage on Grand Ave 22,700(VPD) cars pass this location a day. currently built out as an auto repair service establishment, parking for 20 cars, 4 DIDS 12 FT ceilings, 200 amp electric, bright modern lighting, can fit 4 cars at the same time, gas heat, Can be used for auto/lite truck service, rent a car, car wash/detail, auto sales, or light manufacturing, contractor, or be used for commercial use, storage, restaurant, fast food, coffee, retail, office, laundry, gym, physical fitness/rehab, medical, dental, insurance, real estate, lawyer, day care, or some other professional use or you can redevelop, very useful building, come take a look!! Area retailers include Starbucks, Dunkin doughnuts, tucker's on grand, Liborio baking co, The Sportz nook, Catie's place river grove Paldo sign & display, The Zen den Quasthoff's flowers inc, Da Luciano's Pin Number - 12264060230000 Call listing broker for showings.
The median home value in River Grove, IL is $320,500. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in River Grove, IL is $320,500. Approximately 56.76% of River Grove homes are owned, compared to 34.42% rented, while 8.82% are vacant. River Grove real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a River Grove real estate agent to arrange a tour today!
River Grove, Illinois has a population of 10,571. River Grove is less family-centric than the surrounding county with 28.53% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in River Grove, Illinois is $65,625. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in River Grove is 35.4 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 38.2 inches per year, with 37.2 inches of snow per year.