About This Home

This 2-bedroom, 1-bathroom commercial at 8250 W. GRAND Avenue in River Grove, IL is listed for $659,900. Built in 1930, on a N/A lot.

Key Features

  • Built in 1930

Property Details

1 full
1930
Listing Description

Investment Opportunity in River Grove! Seize the chance to own a unique 6-unit building in the thriving West Cook community of River Grove, where growth and positive change are everywhere! This non-conforming property consists of five spacious 2-bedroom units and one 1-bedroom unit in the basement all generously sized due to the building's layout.

Recent updates include improved rear decking, the hot water boiler is only six years old, and Hot water heater 2025! Each unit is separately metered for cooking gas and electricity, providing efficiency and convenience. The property features general storage in the basement, parking for 5 cars, and off-street parking options.

Owner-supplied refrigerators and stoves are included, and with no leases in place, this is the perfect opportunity to select your own tenants or house family members. Income and Expenses are from 2024! A 2025 Market Rent Research shows Rentals for this area to be in $1650 a month.

River Grove offers a blend of small-town charm and city accessibility, with amenities such as scenic river trails along the Des Plaines River, vibrant festivals, and proximity to Triton College. Don't miss this fantastic chance to invest in a high-demand rental market!

Monthly Cost Estimate

$3,529/mo

20% down · 6.5% · 30 years

Principal$477
Interest$2,860
Insurance$192

Estimates only. Actual payments may vary.

Location

8250 W. GRAND Avenue

River Grove, IL 60171

Questions & Answers

This 2-bedroom, 1-bathroom commercial at 8250 W. GRAND Avenue is listed at $659,900. The estimated monthly payment is $3,529 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930.

This property is listed by Edward Hall.

EH

Edward Hall

Agent at Baird & Warner Real Estate

Listed by Baird & Warner Real Estate · Broker phone: 6307781855 · Broker website

MLS# 12463353· Source: Baird & Warner Real Estate· 422 days on PropertySimple

Copyright © 2026 Baird & Warner Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8250 W. GRAND Avenue, River Grove, IL 60171

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