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Property Description

PACKAGE SALE ONLY - Rare Grand Avenue Assemblage Opportunity! Prime C3 Heavy Commercial portfolio consisting of three contiguous separately deeded parcels totaling approximately 18,500 SF with nearly 150 feet of frontage along Grand Ave in River Grove. Portfolio includes 8044, 8050, and 8056 Grand Ave and features two improved commercial properties plus one vacant parcel with private parking and rear alley access. Current uses include a mix of retail, office, general commercial, mixed-use, and residential tenants with a combination of long-term and newer tenants in place. Excellent visibility, strong traffic exposure, and flexible zoning allow for a wide variety of commercial, automotive, retail, service, redevelopment, or owner-user opportunities. Ideal assemblage for investors, developers, or businesses seeking long-term upside in a high-demand commercial corridor. Conveniently located near Metra, major transportation routes, O'Hare access, and surrounding residential density. Properties are being offered strictly as a package sale only and will not be sold separately. Contact listing broker for Offering Memorandum, aerials, survey information, and additional details.

Overview

Property Status
For Sale
Lot Size
6,098.4 Sq.Ft.
MLS ID
12650422
Property Type
Land

Features & Amenities

Utilites
Electricity Nearby, Natural Gas Nearby, Water Nearby
Parking
Off Alley
Elementary School
River Grove Elementary School
Middle School
River Grove Elementary School
High School
East Leyden High School
School District
212
Sales Price
$799,000
Real Estate Tax
$2,202/yr
Zoning
COMMR

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8050 Grand Avenue

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