8609 W Grand Avenue
River Grove, IL, 60171
$989,900
2 Beds
1 Baths
0 SqFt
0 Acres
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MLS #MRD12720675 image #0
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.

Property Details

Price:
$989,900
MLS #:
MRD12720675
Status:
Active
Beds:
2
Baths:
1
Type:
Commercial
Neighborhood:
rivergrove
Listed Date:
Sep 10, 2026
Total Sq Ft:
5,773
Year Built:
1960
River GroveRivergrove

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Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick
Roof
Composition
Stories
3

Financial

Maintenance Fee
$3,089
Net Operating Income
$35,786
Tax Year
2024
Taxes
$22,684

Map

Community

Market Summary

Current real estate data for Commercial in River Grove as of Oct 04, 2026
9
Commercial Listed
146
Avg DOM
$1,005,767
Avg List Price

Property Summary

    8609 W Grand Avenue River Grove IL is a Commercial for sale in River Grove, IL, 60171. It is listed for $989,900

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