8250 W GRAND Avenue River Grove, IL $ 659,900
8250 W GRAND Avenue
$ 659,900
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8250 W GRAND Avenue

River Grove, IL, 60171
$ 659,900
Bedrooms11 Baths0.0 Sq 4,092

Monthly Estimate*

$ 4,063

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Multi-Family Home for sale in River Grove, IL

for $659,900 with 11 bedrooms. This 4,092 square foot home was built in 1930 on a lot size of 0.114325.

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!

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Multi-Family Contingent

Price

$ 659,900

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 16,169

Style

Multi-Family

Lot Size

0.114325

Year Built

1930

Town/City

River Grove

County/Region

Cook

MLS | Web ID

12463353

Features
General
Cooling None
Utilities None
Possession Closing
Roof Composition
Zoning MULTI
Association Fee Includes None
Construction Materials Brick Concrete Wood
Year Built 1930
Electric Circuit Breakers
Tenant Pays None
Stories Count 3
Township Leyden
Tax Year 2023
Current Use Multi-Family
Gross Income 77600
County Cook
Net Operating Income 45887
Operating Expense 31767
Insurance Expense 1100
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
MaintenanceExpense 4390
Status Contingent
Directions 1ST AVENUE TO GRAND - PROCEED EAST TO THE PROPERTY
City River Grove
Number Of Units Total 6
MLS Area River Grove
Lot Size Square Feet 4980
Tax Annual Amount 16169
Electric Expense 1450
Fuel Expense 2816
Trash Expense 1143
Water Sewer Expense 1901
Additional Parcels Y/N N
Standard Status Active Under Contract
Cap Rate 0.05
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Interior
Basement Exterior Entry
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 4092
Lot Dimensions 50X125
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* Excluded Features
List By
Baird & Warner

Broker

realtored1@gmail.com

Email

Affordability Calculator

$5,411
Per Month
75%
25%
0%
Monthly Principal & Interest
$4,063
Monthly Property Taxes
$1,347
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2025$659,900 Listed Price

Map


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8250 W GRAND Avenue, River Grove, IL, 60171 is a Multi-Family Home for sale at $659,900 with 4,092 sqft and a lot size of 0.114325. 8250 W GRAND Avenue has 11 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 60171 which is in River Grove, IL