River Grove, IL, 60171 - For Sale By Owner

Type:	Commercial
Address:	8153 Grand Ave, River Grove, IL, 60171
Bedrooms:	2
Bathrooms:	3.0
Year Built:	1910
Sq. Footage:	2300.0
Price/Sqft:	$152.13
Property Tax:	new! $5,622
Price:	$349,900
Sale Type:	For Sale By Owner

Listing added: 2009-03-20

Additional features: Floors: 2, School district: N/A, Features: Central AC

Multi-Use/ Storefront/ 2 Apartments/ or Tear Down

Great Investment Property at a Great Price. Prime River Grove Location where Condo Developments are Going Up all Around! Purchase "As Is" and maintain current tenants or purchase and tear down for future development. Brick front and vinyl sides. New hot water heater less then 1 year old. Furnace replaced 5 years ago.

Storefront offers 900 square feet with vinyl tile flooring and bathroom. New Rubber Roof over storefront about 8 years ago. Storefront has central air.

Main floor apartment and upper level apartment both featuring 1 bedroom and 1 bath with carpeting in bedroom and living room and vinyl tile kitchen and bath. Kitchens comes with stove and refrigerator. Each apartment has window air conditioners. Each apartment is approximately 700 square feet.

Second level apartment did not pass city inspection and is currently vacant until a second entrance can be added.

Estimated Annual Taxes: $9700
30 x 125 Lot Size.
2 Parking Spots in Back currently 1 for each Apartment.
Built Approximately: 1917


Current Rental income with Long Term Tenants on Month to Month Leases: $900/ month for storefront, and $475/ month for main level apartment.

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