Mixed-Use Commercial
For Sale
Under Contract
$799,000
8056 Grand Avenue, River Grove, IL 60171
COMMERCIAL - River Grove, IL
Property SizeContact for details
Lot Size0.14 Acres
Days on Market87
Property Features for 8056 Grand Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
From 1st Avenue head East on Grand Avenue, properties are on the North Side of the 8000 Block between Davisson Street and N Haymond Street
Subdivision
River Grove
Standard status
Active Under Contract
APN
12264070110000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7170
Building Details
Year built
1918
Floors in Building
2
Number of units
3
Listing Agency:
Vitell Realty
(708) 642-9566
Listed By:
Jeremy Vitell · License #475164056
(708) 642-9566
Added: May 18
Changed: Aug 4
Last Checked: Aug 12 at 6:06PM
MLS# 12650423
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial assemblage includes three separately deeded parcels along Grand Avenue, with two improved commercial properties and one vacant parcel. The portfolio supports a combination of retail, office, general commercial, mixed-use, and residential tenancy, with both established and newer tenants in place. Private parking and rear alley access add practical site functionality, while the existing buildings date to 1918.
The properties are positioned along Grand Avenue in River Grove, with approximately 150 feet of frontage and direct exposure to the corridor. Metra service, major transportation routes, O’Hare access, and surrounding residential density are identified in the immediate market context. The offering is available only as a package and includes 8044, 8050, and 8056 Grand Avenue.
The properties are positioned along Grand Avenue in River Grove, with approximately 150 feet of frontage and direct exposure to the corridor. Metra service, major transportation routes, O’Hare access, and surrounding residential density are identified in the immediate market context. The offering is available only as a package and includes 8044, 8050, and 8056 Grand Avenue.
Key Highlights
- Three contiguous, separately deeded parcels offered together
- Approximately 18,500 SF across the assemblage
- Nearly 150 feet of frontage along Grand Ave
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Explore this area
Business Placement
Demographics for 60171, IL
10,612
Population
4,456
Households
2.4
Avg Household Size
40
Median Age
26%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
4,614
Density / Sq Mi
$74,793
Median Household Income
$43,696
Median Earnings
$1,230
Median Rent
$244,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three contiguous parcels combine improved commercial buildings, an unbuilt parcel, private parking, and rear alley access.
Where is this mixed-use property located?
The property is located at 8056 Grand Avenue River Grove, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three contiguous, separately deeded parcels offered together; Approximately 18,500 SF across the assemblage; Nearly 150 feet of frontage along Grand Ave
