8517 W Grand Avenue River Grove, IL ^$ 375,000

8517 W Grand Avenue

^$ 375,000

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Recently Listed

8517 W Grand Avenue

River Grove, IL, 60171

^$ 375,000

Bedrooms-- Baths-- Sq 3,696

Monthly Estimate*

^$ 2,309

8517 W Grand Avenue, River Grove, IL 60171 - Image 1

Commercial Property for sale in River Grove, IL

for $375,000. This 3,696 square foot building was built in 1993 on a lot size of 0.3.

Versatile Investment Opportunity with Endless Potential! This unique property offers incredible flexibility-perfect for conversion into three separate rental units or maintaining as one large income-producing property. With no bearing walls, the interior provides a blank canvas for customization to suit your vision. Currently configured with one residential unit, the property will require de-conversion, presenting a prime opportunity for investors or developers to maximize value. Built with quality construction throughout, this property is ready for your updates and ideas. Additional highlights include ample parking for 20+ vehicles, making it ideal for multi-unit use, business operations, or mixed-use possibilities. Contact the listing agent today for additional details, zoning information, and permitted uses.

Commercial Active

Price

^$ 375,000

Property Type

Commercial

Taxes

^$ 12,110

Style

Lot Size

0.3

Year Built

1993

Town/City

River Grove

County/Region

Cook

MLS | Web ID

12603400

Features

General

Cooling Central Air

Utilities Electric to Site Natural Gas Available

Possession Closing

Roof Fiberglass

Zoning COMMR

Construction Materials Brick

Year Built 1993

Electric Circuit Breakers

Tenant Pays Air Conditioning

Stories Count 1

Township Leyden

Property Subtype Office

Tax Year 2024

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Possible Use Office

Status New

Directions Thatcher to Grand West to Property

City River Grove

Number Of Units Total 3

MLS Area River Grove

Lot Size Square Feet 13

Tax Annual Amount 12110.59

Additional Parcels Y/N N

Leasable Area 3696

Standard Status Active

Interior

Flooring Concrete

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3696

Lot Dimensions 76x221

Lot Size Acres 0.3

Frontage Type Easement Private Road

* Excluded Features

List By

Caporale Realty Group

Broker

gabe@caporalerealty.com

Affordability Calculator

$3,318

Per Month

Monthly Principal & Interest: $2,309
Monthly Property Taxes: $1,009
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in River Grove, IL

Average List Price ^$713,580

Percent of Sale Price 90%

About River Grove, IL

10,327 Population

-3% Since 2002

^$49,686 Median Income

39.62 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/27/2026	$375,000		Listed Price

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8517 W Grand Avenue, River Grove, IL, 60171 is a Commercial Property for sale at $375,000 with 3,696 sqft and a lot size of 0.3. 8517 W Grand Avenue was built in 1993. The property's zip code is 60171 which is in River Grove, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 3/27/2026.

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8517 W Grand Avenue

Commercial Property for sale in River Grove, IL

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