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8250 W Grand Avenue River Grove, IL 60171

$659,900
Contingent / MLS# 12463353 / Multi Unit - Multiple / River Grove
0 Beds
4092 SqFt

Investment Opportunity in River Grove! Seize the chance to own a unique 6-unit building in the thriving West Cook community of River Grove, where growth and positive change are everywhere! This non-conforming property consists of five spacious 2-bedroom units and one 1-bedroom unit in the basement all generously sized due to the building's layout. Recent updates include improved rear decking, the hot water boiler is only six years old, and Hot water heater 2025! Each unit is separately metered for cooking gas and electricity, providing efficiency and convenience. The property features general storage in the basement, parking for 5 cars, and off-street parking options. Owner-supplied refrigerators and stoves are included, and with no leases in place, this is the perfect opportunity to select your own tenants or house family members. Income and Expenses are from 2024! A 2025 Market Rent Research shows Rentals for this area to be in $1650 a month. River Grove offers a blend of small-town charm and city accessibility, with amenities such as scenic river trails along the Des Plaines River, vibrant festivals, and proximity to Triton College. Don't miss this fantastic chance to invest in a high-demand rental market!

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 3,006.33 per month $1,466.44 Principal & Interest $1,347.42 Property Tax $192.47 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.11 Acres
Roof Type: Composition
Stories: 3.0
Taxes: $16,169
Year Built: 1930

Feature Descriptions

Current Use: Multi-Family
Electric: Circuit Breakers
Exterior: Brick, Concrete, Wood
Fire Protection: Smoke or Fire Protectors
Foundation: Concrete Perimeter
HVAC: Central Bldg Heat, Gas, Radiators
Location: Mixed Use Area, Public Transport Avail
Lot Dimensions: 50X125
Parcel#: 12264030240000
Parking: 1-5 Spaces
Tenant Pays: None
Units: 6
Utilities: None

Location

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