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Listed by Lynn Bjorvikof Coldwell Banker Realty
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Est. payment /mo
New
8609 W Grand AVE River Grove, IL 60171
5,773 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,773 sqft
MLS Listing ID 12720675
Year Built 1960
Annual Tax Amount $22,683
Tax Year 2024
Lot Dimensions 50 x 124
Property Sub-Type Multi Family 5+
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Structure Type Brick
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