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River Grove, IL

Multifamily

River Grove, IL Multifamily Properties for Sale

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Franklin Park, IL Melrose Park, IL Chicago, IL

Two-Unit Residential Income Property

Updated: Jun 17

Two-Unit Residential Income Property

8211 W Grand Avenue, River Grove, IL 60171

$799,900

Fully renovated 2‑unit residence on a 50' x 125' landscaped lot with commercial zoning and deep setback
Each unit has a private entrance and a spacious 3‑bedroom, 1.5‑bath layout with in‑unit laundry
Open‑concept kitchens with granite countertops, large islands, and stainless steel appliances
Central A/C plus forced‑air heating with natural gas; LVP flooring and recessed lighting throughout
First‑floor unit includes a wood‑burning fireplace and private brick patio; second‑floor unit includes an electric fireplace, vaulted ceilings, and a private deck

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in River Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Three-Unit Brick Income Property

Three-Unit Brick Income Property

7713 W Forest Preserve Avenue, Chicago, IL 60634

$659,900

0.08 AC lot

Three rental units with recent building improvements and tenant-paid utilities, plus off-street parking.

Northwest Chicago Investment Opportunity

Northwest Chicago Investment Opportunity

3301 N Ozanam Avenue, Chicago, IL 60634

$450,000

0.12 AC lot

Fully leased multi-family property with income potential in Chicago.

Elmwood Park Two-Unit Property

Elmwood Park Two-Unit Property

2842 N 74th Court, Elmwood Park, IL 60707

$430,000

Two-unit property with investment potential in a desirable location.

Spacious Duplex with Two-Car Garage

Spacious Duplex with Two-Car Garage

2649 N 74th Avenue, Elmwood Park, IL 60707

$499,900

Two large apartments with dens, garage, and parking pad.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

University Park Developable Land

University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

Recreational Land Bordering National Forest

Recreational Land Bordering National Forest

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

RV recreational lot bordering Manistee National Forest.

Off-Market Properties in River Grove, IL

Consider similar Off-Market properties in River Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

GARDEN APT, COURT APT (5+ UNITS)

8519 Grand Ave, River Grove, IL 60171-1487

$1,880,000

Estimated value

11,840 sqft · 0.37 AC lot

GARDEN APT, COURT APT (5+ UNITS)

2453 1st Ave, River Grove, IL 60171-1782

$2,150,000

Estimated value

14,900 sqft · 0.41 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

2917 Elm St, River Grove, IL 60171-1390

Value Estimation by Request

1,824 sqft · 0.11 AC lot

GARDEN APT, COURT APT (5+ UNITS)

2662 Elm St, River Grove, IL 60171-1644

$900,000

Estimated value

0.07 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

2514 Erie St, River Grove, IL 60171-3503

Value Estimation by Request

1,784 sqft · 0.12 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8241 Grand Ave, River Grove, IL 60171-3701

$520,000

Estimated value

3,937 sqft · 0.07 AC lot

8245 Grand Ave, Unit 2

APARTMENT HOUSE (UNDER 5 UNITS)

8245 Grand Ave, River Grove, IL 60171-1573

Unit 2

$530,000

Estimated value

3,864 sqft · 0.09 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8247 Grand Ave, River Grove, IL 60171-1574

$605,000

Estimated value

3,864 sqft · 0.09 AC lot

GARDEN APT, COURT APT (5+ UNITS)

2900 Riv Rd, River Grove, IL 60171-1351

Value Estimation by Request

5,583 sqft · 0.14 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

2524 Budd St, River Grove, IL 60171-1737

Value Estimation by Request

1,112 sqft · 0.11 AC lot

8923 Chestnut Ave

APARTMENT HOUSE (UNDER 5 UNITS)

8923 Chestnut Ave, River Grove, IL 60171-1391

Value Estimation by Request

2,044 sqft · 0.22 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8147 Smith Ln, River Grove, IL 60171-3346

Value Estimation by Request

3,765 sqft · 0.11 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8827 Grand Ave, River Grove, IL 60171-1388

Value Estimation by Request

3,780 sqft · 0.07 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8827 Grand Ave, River Grove, IL 60171-1388

Value Estimation by Request

1,700 sqft · 0.04 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8214 Enger Ln, River Grove, IL 60171-3341

$575,000

Estimated value

3,908 sqft · 0.12 AC lot

2848 Auxplaines Ave, Unit 2

APARTMENT HOUSE (UNDER 5 UNITS)

2848 Auxplaines Ave, River Grove, IL 60171-3119

Unit 2

$510,000

Estimated value

2,597 sqft · 0.13 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

9017 Grand Ave, River Grove, IL 60171-1324

Value Estimation by Request

3,500 sqft · 0.07 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8251 Grand Ave, River Grove, IL 60171-1583

$565,000

Estimated value

3,864 sqft · 0.09 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8157 Walsh Ln, River Grove, IL 60171-3327

$620,000

Estimated value

4,032 sqft · 0.12 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8147 Walsh Ln, River Grove, IL 60171-3325

$510,000

Estimated value

4,053 sqft · 0.12 AC lot

8222 Grand Ave, Unit 2

APARTMENT HOUSE (UNDER 5 UNITS)

8222 Grand Ave, River Grove, IL 60171-1568

Unit 2

$640,000

Estimated value

4,536 sqft · 0.10 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

2730 Budd St, River Grove, IL 60171-3709

Value Estimation by Request

1,685 sqft · 0.09 AC lot

APARTMENT HOUSE (UNDER 5 UNITS)

8147 Enger Ln, River Grove, IL 60171-3333

Value Estimation by Request

4,272 sqft · 0.12 AC lot

River Grove, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in River Grove, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $799,900.

Sale prices for multifamily properties in River Grove, IL start at $799,900, averaging $799,900, and reaching up to $799,900 — 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

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	$799.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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