Commercial

River Grove, IL Commercial Land for Sale

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Elmwood Park, IL Franklin Park, IL Melrose Park, IL River Forest, IL Oak Park, IL Maywood, IL Bellwood, IL Forest Park, IL
Mixed-Use Property Assemblage
Updated: May 18
Mixed-Use Property Assemblage

8044 Grand Avenue, River Grove, IL 60171

$799,000
0.14 AC lot
Three contiguous, separately deeded parcels offered only as a package
Approximately 18,500 SF across the portfolio with nearly 150 feet of Grand Ave frontage
Two improved commercial properties plus one vacant parcel
Private parking and rear alley access
Existing mix of retail, office, general commercial, mixed‑use, and residential tenants
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Grand Avenue Commercial Portfolio
Updated: May 18
Grand Avenue Commercial Portfolio

8050 Grand Avenue, River Grove, IL 60171

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0.42 AC lot
Package sale of three contiguous parcels totaling approximately 18,500 SF with nearly 150 feet of frontage on Grand Ave.
Prime C3 Heavy Commercial zoning allows for a wide variety of opportunities.
Includes two improved commercial properties plus one vacant parcel with private parking and rear alley access.
Mix of retail, office, general commercial, mixed‑use, and residential tenants in place.
Excellent visibility and strong traffic exposure on Grand Avenue.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in River Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Corner Banquet Hall Property
Corner Banquet Hall Property

2759 N Oak Park Avenue, Chicago, IL 60707

$749,000
0.25 AC lot

Banquet hall property with central air, redevelopment potential, and access to public transportation.

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Retail Development Land Fronting Grand Avenue
Retail Development Land Fronting Grand Avenue

9352-9362 W Grand Ave, Franklin Park, IL 60131

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3.25 AC lot

Two vacant land parcels front Grand Avenue at lit intersections, offering separate sale options in Franklin Park.

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Vacant Lot in Chicago
Vacant Lot in Chicago

6500 West North Avenue, Chicago, IL 60707

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Vacant commercial land for sale at West North Avenue.

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Prime Retail Development Opportunity
Prime Retail Development Opportunity

9000 W Belmont Ave, Franklin Park, IL 60131

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0.75 AC lot

High-traffic commercial land for sale or ground lease.

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River Grove, IL Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in River Grove, IL on our real estate platform. These investment opportunities span a total of 24,546 square feet of properties for sale, with an estimated market value of $799,000.

Sale prices for commercial lots in River Grove, IL average $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 4

Demographics Overview

Population 10K
Population Growth (5Y) +3.3%
Median Household Income $74,793
College Educated 30.8%

High-Yield Neighborhoods for Investment

Identify River Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60171 $1.5M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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