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Listed by Jeremy Vitellof Vitell Realty
$ 799,000
Est. payment /mo
New
8050 Grand Avenue River Grove, IL 60171
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12650422
Annual Tax Amount $2,201
Tax Year 2024
Lot Size 6,098 Sqft
Lot Dimensions 50 X 125
Property Sub-Type Land
Property Description
PACKAGE SALE ONLY - Rare Grand Avenue Assemblage Opportunity! Prime C3 Heavy Commercial portfolio consisting of three contiguous separately deeded parcels totaling approximately 18,500 SF with nearly 150 feet of frontage along Grand Ave in River Grove. Portfolio includes 8044, 8050, and 8056 Grand Ave and features two improved commercial properties plus one vacant parcel with private parking and rear alley access. Current uses include a mix of retail, office, general commercial, mixed-use, and residential tenants with a combination of long-term and newer tenants in place. Excellent visibility, strong traffic exposure, and flexible zoning allow for a wide variety of commercial, automotive, retail, service, redevelopment, or owner-user opportunities. Ideal assemblage for investors, developers, or businesses seeking long-term upside in a high-demand commercial corridor. Conveniently located near Metra, major transportation routes, O'Hare access, and surrounding residential density. Properties are being offered strictly as a package sale only and will not be sold separately. Contact listing broker for Offering Memorandum, aerials, survey information, and additional details.
Location
State IL
County Cook
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby, Water Nearby
View Y/N true
Schools
Elementary Schools River Grove Elementary School
Middle Schools River Grove Elementary School
High Schools East Leyden High School
School District 85.5, 85.5, 212
Others
Ownership Fee Simple
Special Listing Condition None
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