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524-530 W Grand Avenue Elmhurst, IL 60126

$3,150,000
Active / MLS# 12559057 / Commercial - Retail / Elmhurst
0 Beds
9976 SqFt

Presenting a premier commercial asset located at 530 W Grand Ave in Elmhurst, one of Chicago's most sought-after suburbs. This approximately 10,000 sq. ft. facility sits on a generous 1.63-acre lot with 290 feet of frontage along Grand Avenue, offering exceptional visibility and accessibility. Designed to support a wide range of automotive and service-related operations, the property features 20 expansive service bays with 12-foot clearance. It is currently leased to four established tenants-including a car dealership, tire shop, mechanic, and detailing center-two of which are multinational brands. This solid tenant mix provides reliable, long-term rental income. Significant capital improvements were completed in 2024, including a new roof, professional tuckpointing, interior and exterior painting, and fully renovated restrooms, all of which enhance both functionality and curb appeal. Strategically positioned in a high-traffic corridor with convenient access to major transportation routes, the property benefits from strong regional demographics and sustained commercial demand. With its prime location, recent upgrades, and stable income stream, this property offers a compelling opportunity for investors seeking long-term value and growth.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Retail
Cooling: Office Only
Lot Size: 1.63 Acres
Roof Type: Rubber
Taxes: $29,988
Year Built: 1999

Feature Descriptions

Current Use: Commercial, Automotive
Electric: Service - 101 to 200 Amps
Exterior: Brick, Steel Siding
Fire Protection: Sprinklers
Foundation: Concrete Perimeter
Frontage Type: County Road
HVAC: Ceiling Units, Central Heat/Indiv Controls
Location: Mixed Use Area
Lot Dimensions: 1.63
Number of Tenant(s): 4
Parcel#: 0326104011
Parking: Over 100 Spaces
Tenant Pays: All Utilities
Units: 4
Utilities: Electric to Site, Natural Gas Available, Water Available

Location

See details and scored characteristics about this location.

Listing Office: SB Real Estate Group, PLLC

Listing Office Phone: 708-439-8378



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