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8050 Grand Avenue, River Grove, IL, 60171
Grand Avenue Commercial Portfolio

8050 Grand Avenue River Grove, IL 60171

For Sale
Contact for pricing
Pending

Three contiguous parcels on Grand Avenue, River Grove.

Lot Size0.42 Acres
Days on Market68

Property Features for 8050 Grand Avenue

General Information

Standard status
Pending
Lot size
0.42 Acres
Property subtype
Land
Listing Agency: Baird & Warner La Grange
Listed By: Jeremy Vitell · License #IL 475164056
Source: Crexi
Added: May 18 Changed: Jul 10 Last Checked: Jul 24 at 11:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baird & Warner La Grange


Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a commercial portfolio on Grand Avenue. The offering consists of three contiguous, separately deeded parcels totaling approximately 18,500 square feet with nearly 150 feet of frontage along Grand Avenue in River Grove. The portfolio, located at 8044, 8050, and 8056 Grand Avenue, 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. The properties benefit from excellent visibility, strong traffic exposure, and flexible C3 Heavy Commercial zoning, allowing for a wide variety of commercial, automotive, retail, service, redevelopment, or owner-user opportunities. This assemblage is ideal for investors, developers, or businesses seeking long-term upside in a high-demand commercial corridor. The location is conveniently near Metra, major transportation routes, O'Hare access, and surrounding residential density. These properties are being offered strictly as a package sale only and will not be sold separately.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Dental Office Bakery (Bike/Boat/Book/etc) Store Acupuncture Furniture & Home Goods (Bike/Boat/Book/etc) Store Nursing Home Gym & Fitness Center Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Three contiguous parcels on Grand Avenue, River Grove.
Where is this commercial land located?
The property is located at 8050 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: 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.
(708) 642-9566 Call to check price and availability
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