River Grove IL Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
4,914
Status:
Active
Beds:
n/a
Year built:
1970
Baths:
MLS#:
12154971

ADDITIONAL INFORMATION

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.

Type:
Garage/Parking Space
Sq.Ft.:
7,500
Status:
Active
Beds:
n/a
Year built:
1954
Baths:
MLS#:
12121883

ADDITIONAL INFORMATION

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.

Type:
Business Opportunities
Sq.Ft.:
5,210
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
MLS#:
12117098

ADDITIONAL INFORMATION

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.

Type:
Other
Sq.Ft.:
2,000
Status:
Active
Beds:
n/a
Year built:
1944
Baths:
MLS#:
11870359

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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River Grove Real Estate

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.

River Grove Weather

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.

River Grove Real Estate Market Conditions

  • Median sales price

    $320,500
    12.6% change since last quarter
  • # Active listings

    26
    30-day change

River Grove Schools and Demographics

Education near River Grove, IL

Metric City County
High School Graduates 90.79 87.97
College Degree - 2 year 10.96 6.73
College Degree - 4 year 21.16 40.75
Graduate Degree 4.5 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near River Grove, IL

School Grades Students P/T Ratio ZIP
Bridge Elementary School PK - 08 1,057 19.6 60634
Camras Elementary School PK - 08 1,003 19.2 60634
Canty Elementary School PK - 08 796 17.9 60634
Chicago Academy Elementary School PK - 08 610 18.9 60634
Dever Elementary School PK - 08 835 17.3 60634
Early Childhood Center PK - KG 221 17.9 60707
Elmwood Elementary School 01 - 06 592 13.4 60707
Grant Elementary School KG - 04 489 19.1 60160
Jane Addams Elementary School PK - 05 546 17.7 60160
John Mills Elementary School 01 - 06 650 14.7 60707
Lincoln Elementary School PK - 04 383 14.4 60305
Locke J Elementary School PK - 08 1,346 18.4 60634
Lyon Elementary School KG - 08 1,404 19.9 60634
Melrose Park Elementary School KG - 05 943 20.1 60160
Reinberg Elementary School PK - 08 843 15.7 60634
Rhodes Elementary School PK - 08 702 11.4 60171
River Grove Elementary School KG - 08 679 14.3 60171
Sayre Elementary Language Academy PK - 08 529 18.1 60707
Smyser Elementary School PK - 08 1,019 18.4 60634
Thorp O A Elementary Scholastic Academy KG - 08 836 18.3 60634
Willard Elementary School PK - 04 311 11.4 60305

Middle Schools near River Grove, IL

School Grades Students P/T Ratio ZIP
Elm Middle School 07 - 08 402 13.1 60707
Roosevelt School 05 - 08 655 12 60305
Stevenson Elementary School 06 - 08 1,028 18.7 60160

High Schools near River Grove, IL

School Grades Students P/T Ratio ZIP
Chicago Academy High School 09 - 12 527 15.2 60634
Elmwood Park High School 09 - 12 969 16.1 60707
Steinmetz Academic Centre High School 09 - 12 1,678 17.7 60634

Demographics near River Grove, IL

Metric City County
Neighborhood Type Suburban
Population 10,571 5,265,398
Population Density 4,421 5,572
Median Age 35.4 37.3
People per Household 2.8 2.5
Median Household Income 65,625 72,121
Average Income per Capita 27,538 41,706