River Grove IL Commercial for Sale
- Type:
- Mixed Use
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1964
- Baths:
- MLS#:
- 12166548
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Courtesy: Forte Properties, Inc.
708-315-7310
ADDITIONAL INFORMATION
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!
- Type:
- General Commercial
- Sq.Ft.:
- 4,914
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 12154971
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Courtesy: Gullo & Associates
708-386-9090
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
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Courtesy: R4 Commercial Real Estate Solutions
312-448-8182
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
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Courtesy: LJS Realty
708-785-5230
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
View additional info
Courtesy: @properties Commercial
312-506-0200
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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River Grove Real Estate
The median home value in River Grove, IL is $285,000. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in River Grove, IL is $285,000. Approximately 56.03% of River Grove homes are owned, compared to 37.74% rented, while 6.23% 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 10,232. River Grove is more family-centric than the surrounding county with 34.86% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in River Grove, Illinois is $46,910. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in River Grove is 40 years.
River Grove Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 38.2 inches per year, with 34.8 inches of snow per year.