8122 Grand Ave , River Grove, IL 60171 8122 Grand Ave 2,000 SF Retail Building River Grove, IL 60171 $500,000 ($250/SF)
INVESTMENT HIGHLIGHTS
- Great free standing masonry auto service building on Grand Ave. Excellent automotive or redevelopment opportunity!
- 87.7sq FT of frontage on Grand Ave 22,700(VPD) cars pass this location a day.
- Can be used for auto/lite truck service, rent a car, car wash/detail, auto sales, or light manufacturing, contractor, or be used for commercial use
- Building is approx. 2000 +/- SQ FT, front retail reception area, Land is 5,411sq FT, Lot size - 87.7'x61.7 Zoning C-3 heavy commercial district
- parking for 20 cars, 4 DIDS 12 FT ceilings, 200 amp electric, bright modern lighting, can fit 4 cars at the same time,
- storage, restaurant, fast food, coffee, retail, office, laundry, gym, physical fitness/rehab, medical, dental, insurance, real estate, lawyer,
EXECUTIVE SUMMARY
Great free standing masonry auto service building on Grand Ave. Excellent automotive or redevelopment opportunity! Building is approx. 2000 +/- SQ FT, front retail reception area, Land is 5,411sq FT, Lot size - 87.7'x61.7 Zoning C-3 heavy commercial district 87.7sq FT of frontage on Grand Ave 22,700(VPD) cars pass this location a day. currently built out as an auto repair service establishment, parking for 20 cars, 4 DIDS 12 FT ceilings, 200 amp electric, bright modern lighting, can fit 4 cars at the same time, gas heat, Can be used for auto/lite truck service, rent a car, car wash/detail, auto sales, or light manufacturing, contractor, or be used for commercial use, storage, restaurant, fast food, coffee, retail, office, laundry, gym, physical fitness/rehab, medical, dental, insurance, real estate, lawyer, day care, or some other professional use or you can redevelop, very useful building, come take a look!! Area retailers include Starbucks, Dunkin doughnuts, tucker's on grand, Liborio baking co, The Sportz nook, Catie's place river grove Paldo sign & display, The Zen den Quasthoff's flowers inc, Da Luciano's Pin Number - 12264060230000 Call listing broker for showings.
TAXES & OPERATING EXPENSES (ACTUAL - 2021) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$12,444
|
$6.22
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$12,444
|
$6.22
|
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Year Built
1944
Price
$500,000
Price Per SF
$250
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.12 AC
Zoning
C-3 - C-3 RIVER GROVE
Parking
15 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
87’ on GRAND
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Storage Space
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-26-406-023-0000 | Total Assessment | $61,752 (2024) |
| Land Assessment | $22,511 (2024) | Annual Taxes | $12,444 ($6.22/SF) |
| Improvements Assessment | $39,241 (2024) | Tax Year | 2021 |
