River Grove IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
7
Year built:
1966
Baths:
5.00
MLS#:
12203490

ADDITIONAL INFORMATION

LEGAL 3 FLAT IN SUPER LOCATION OF RIVER GROVE! Close to public transportation as well as shopping and dining! This beautifully updated all-brick 3-flat has been well-kept and in immaculate condition. The 1st-floor unit features two beds and one bath. The 2nd and 3rd-floor units feature three beds, 1.5 baths, and an enclosed back porch for additional living/storage space. The 1st-floor apartment has recently been renovated, including stylish white oak laminate flooring, new stainless steel appliances, and quartz countertops in the kitchen. The second-floor unit also has recent upgrades with new stainless steel appliances, quartz countertops in the kitchen, and newly refinished hardwood floors. This building has individual boilers, furnaces, and electrical panels, and it owns a coin-operated washer and dryer. The laundry includes a common area with storage, a washer, and a dryer. Outside, you'll find a side driveway with a detached 2.5 brick car garage and additional parking spots located in the rear. The garage is currently unoccupied, ready for owner occupant to use, or can be rented out to tenants. This property includes a custom-built attached brick porch with a separate rear entrance to units. New roof 2018.Tenants with month-to-month leases, this property is a fantastic opportunity for both investors and homeowners!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Baths:
4.00
MLS#:
12176807

ADDITIONAL INFORMATION

FIRST TIME AVAILABLE! This custom property is family owned. 2-flat unit plus a rentable garage has been remodeled from roof to foundation. It has a very nice sized front yard set off from the street with private brick paver patio and deck at the back for the 2nd floor unit. It also features convenient private driveway parking along with parking in the rear. In each of the custom 6 room units there are 3 bedrooms and 1.5 baths as well as a private laundry room. High end finishes with granite and top of the line cabinetry and appliances. First floor has a woodburning fireplace as well as an electric fireplace. Second floor has vaulted ceilings, an electric fireplace and big screen tv. Walking distance to the METRA train. This property is commercially zoned and has many possibilities. The commercial garage has separate utilities - electric, gas, water and bathroom facilities. Truck and van height clearance. Monthly income first floor 2700-3100, second floor 2900-3300 and garage 950 to 1200 which equate to 7000-7600 per month turnkey. THIS PROPERTY IS ONE OF A KIND. MUST SEE ALL OF THE AMENITIES TO APPRECIATE.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Year built:
1964
Baths:
6.00
MLS#:
12172005

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.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!

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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 $302,500. 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 $302,500. 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

    $302,500
    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