Excellent opportunity to acquire an amazing 8.0% cap rate mixed-use investment property in the heart of Franklin Park. Located at 9620-9626 W Grand Ave, this stabilized asset features a strong income-producing unit mix consisting of 7 residential apartments and 3 commercial storefronts. The residential portion includes five 1-bedroom units and two 2-bedroom units, all fully occupied with consistent rental history. The commercial component is anchored by two solid tenants providing reliable in-place income and long-term stability. Property offers diversified cash flow with a balanced mix of residential and commercial revenue streams, making it attractive for both investors and 1031 exchange buyers. Well-positioned along Grand Avenue with strong visibility, convenient access to major transportation routes, O’Hare Airport, and surrounding retail amenities. The property benefits from steady tenant demand in a well-established rental corridor. Ideal opportunity for investors seeking a stabilized mixed-use asset with immediate cash flow and future upside potential through continued rent optimization and long-term appreciation. Possibility of seller financing
Property Details
Price:
$1,325,000
MLS #:
MRD12644133
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
franklinpark
Listed Date:
May 13, 2026
Total Sq Ft:
11,875
Year Built:
1961
See this Listing
Schools
Interior
Cooling
Central Air, Window Unit(s)
Flooring
Varies
Exterior
Construction Materials
Brick, Concrete, Block, Aluminum Siding
Roof
Reflective Coating, Rubber
Stories
2
Financial
Tax Year
2025
Taxes
$26,362
Map
Community
- Address9620 Grand Avenue Franklin Park IL
- CityFranklin Park
- CountyCook
- Zip Code60131
Market Summary
Current real estate data for Commercial in Franklin Park as of Jun 15, 2026
9
Commercial Listed
364
Avg DOM
$822,644
Avg List Price
Property Summary
- 9620 Grand Avenue Franklin Park IL is a Commercial for sale in Franklin Park, IL, 60131. It is listed for $1,325,000
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Copyright 2026. All rights reserved.
9620 Grand Avenue
Franklin Park, IL


