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Mixed-Use Property with Apartment
For Sale
$419,000

9011 Grand Avenue, River Grove, IL 60171

Commercial Sale, River Grove, IL

Property SizeContact for details
Lot Size0.07 Acres
Days on Market92

Property Features for 9011 Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Directions River Road to Grand Avenue, west to property.Park on side street
Subdivision River Grove
Standard status Active
APN 12274030070000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 5256

Utilities

Cooling system Central Air

Amenities

glass ceiling room
back porch
deck
patio
basement

Building Details

Year built 1951
Floors in Building 1
Number of units 2
Building materials Brick
Listing Agency: RE/MAX City · RE/MAX International
Listed By: Grace Wnuk · License #475141692
Added: Jul 11 Changed: Sep 30 Last Checked: Oct 10 at 6:06PM
MLS# 12702190

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 property combines a commercial operation with residential accommodations in a brick building constructed in 1951. The commercial component has housed a driving school for 20 years, and the sellers are willing to transfer the business along with guidance and training for a buyer who chooses to continue it.

The residential portion includes a renovated two-bedroom, one-bathroom apartment suitable for personal occupancy or rental use. Residents have access to a back porch, deck, and patio, while the larger basement provides storage, a furnace room, and potential for an additional bedroom. A room with a glass ceiling adds a distinctive interior feature and may accommodate a garden-room concept. Central air serves the property. The site is near main roads, transportation options, and the airport.

Key Highlights

  • Driving school has operated at the property for 20 years
  • Sellers may transfer the business and provide guidance and training
  • Renovated two‑bedroom, one‑bathroom apartment

Property Analytics

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Current Use

Polsport Driving School Training Center

Suggested Use

Top Pick Real Estate Agency Law Firm Daycare Center Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

521
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 49%
Dunkin' Donuts Dining
11,959 visits/mo 0.3 miles
BP Shops & Services
11,479 visits/mo 0.2 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes a renovated residential unit and an operating driving school with an optional business transition and training period.
Where is this mixed-use property located?
The property is located at 9011 Grand Avenue River Grove, IL.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Driving school has operated at the property for 20 years; Sellers may transfer the business and provide guidance and training; Renovated two‑bedroom, one‑bathroom apartment
More about this property
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