8609 W Grand Avenue, River Grove, IL

$989,900

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About 8609 W Grand Avenue

Excellent Investment Opportunity! Add this fully occupied, well-maintained brick 6-unit to your investment portfolio. Featuring six 2-bedroom, 1-bath units, this income-producing property offers approximately 5,773 square feet of building space on a 50' x 124' lot. Each unit is separately metered for electric, with tenants responsible for their own electric usage, helping simplify operating expenses. All six units include a range and refrigerator, hot water baseboard heat with individual thermostats, and window A/C units. Tenant conveniences include an on-site laundry room with two coin operated washers and two coin operated dryers, dedicated storage for each unit, and operated six rear parking spaces. The property is currently fully occupied, providing an investor with established tenancy from day one. Long-time ownership and consistent maintenance add to the appeal of this solid investment property. Conveniently located near public transportation, schools, shopping, and area amenities. A great opportunity to acquire an established multi-unit property with immediate rental income and long-term investment potential. This property will convey up to code per Village of River Grove Pre-sale inspection.

Features of 8609 W Grand Avenue

MLS® # 12720675
Price $989,900
Bathrooms 0.00
Year Built 1960
Type Commercial Sale
Sub-Type Multi Family 5+
Status New
Taxes $22,684

Community Information

Address 8609 W Grand Avenue
Area River Grove
City River Grove
County Cook
State IL
Zip Code 60171

Amenities

Is Waterfront No
New Construction No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Composition

Additional Information

Days on Market 1
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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