Multifamily

River Grove, IL Multifamily Properties 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
Renovated Duplex with Commercial Zoning
Updated: Jul 15
Renovated Duplex with Commercial Zoning

8211 W Grand Avenue, River Grove, IL 60171

$747,000
Two‑unit duplex with 3‑bedroom, 1.5‑bath residences
Extensively renovated interiors with granite kitchens, stainless appliances, LVP flooring, and central A/C
Commercial zoning on an oversized 50' x 125' professionally landscaped lot
Rear commercial‑grade garage with heat, water, bathroom facilities, and loft storage
Dual oversized overhead doors provide drive‑through alley access
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Retail Storefront Office with Apartments
Updated: Apr 12
Retail Storefront Office with Apartments

9013 W Grand Ave, River Grove, IL 60171

Contact for pricing
Fully leased 4‑unit investment property with one large storefront office and three apartments
Five separate newer forced‑air heat and central A/C systems
Easy access to O'Hare airport, Rosemont outlet stores, and Metra
Convenient to I‑290 and I‑294
Near Triton College, Costco, Winston Plaza retail shopping center, and an Amazon distribution center
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in River Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Stabilized Mixed-Use Building with Storefronts
Stabilized Mixed-Use Building with Storefronts

9620 Grand Avenue, Franklin Park, IL 60131

$1,350,000
25,398 sqft

Mixed-use property with 7 apartments and 3 commercial storefronts, including five 1-bedroom and two 2-bedroom units.

View details
Duplex with Garden-Level Space
Duplex with Garden-Level Space

7740 W Belmont Avenue, Chicago, IL 60634

$600,000

Two three-bedroom apartments, a private-entry unfinished garden level, garage, and separately metered utilities define this residential income property.

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Triplex with Unfinished Garden Unit
Triplex with Unfinished Garden Unit

7740 W Belmont Avenue, Chicago, IL 60634

$600,000

Brick triplex with two 3-bedroom apartments and an unfinished garden unit with private entrance.

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Mixed-Use Building with Retail Space
Mixed-Use Building with Retail Space

9620 W Grand Ave, Franklin Park, IL 60131

Contact for pricing

Mixed-use property with 7 residential units and 3 commercial spaces, including one currently vacant commercial unit.

View details

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.

8519 Grand Ave
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
View details
2453 1st Ave
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
View details
2917 Elm St
APARTMENT HOUSE (UNDER 5 UNITS)

2917 Elm St, River Grove, IL 60171-1390

$145,000
Estimated value
1,824 sqft 0.11 AC lot
View details
2662 Elm St
GARDEN APT, COURT APT (5+ UNITS)

2662 Elm St, River Grove, IL 60171-1644

$900,000
Estimated value
0.07 AC lot
View details
2514 Erie St
APARTMENT HOUSE (UNDER 5 UNITS)

2514 Erie St, River Grove, IL 60171-3503

$325,000
Estimated value
1,784 sqft 0.12 AC lot
View details
8241 Grand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8241 Grand Ave, River Grove, IL 60171-3701

$520,000
Estimated value
3,937 sqft 0.07 AC lot
View details
8245 Grand Ave, Unit 2
APARTMENT HOUSE (UNDER 5 UNITS)

8245 Grand Ave, River Grove, IL 60171-1573

Unit 2
$330,000
Estimated value
3,864 sqft 0.09 AC lot
View details
8247 Grand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8247 Grand Ave, River Grove, IL 60171-1574

$605,000
Estimated value
3,864 sqft 0.09 AC lot
View details
2900 Riv Rd
GARDEN APT, COURT APT (5+ UNITS)

2900 Riv Rd, River Grove, IL 60171-1351

$480,000
Estimated value
5,583 sqft 0.14 AC lot
View details
2524 Budd St
APARTMENT HOUSE (UNDER 5 UNITS)

2524 Budd St, River Grove, IL 60171-1737

$315,000
Estimated value
1,112 sqft 0.11 AC lot
View details
8923 Chestnut Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8923 Chestnut Ave, River Grove, IL 60171-1391

$85,000
Estimated value
2,044 sqft 0.22 AC lot
View details
8147 Smith Ln
APARTMENT HOUSE (UNDER 5 UNITS)

8147 Smith Ln, River Grove, IL 60171-3346

$525,000
Estimated value
3,765 sqft 0.11 AC lot
View details
8827 Grand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8827 Grand Ave, River Grove, IL 60171-1388

$370,000
Estimated value
3,780 sqft 0.07 AC lot
View details
8827 Grand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8827 Grand Ave, River Grove, IL 60171-1388

$305,000
Estimated value
1,700 sqft 0.04 AC lot
View details
8214 Enger Ln
APARTMENT HOUSE (UNDER 5 UNITS)

8214 Enger Ln, River Grove, IL 60171-3341

$645,000
Estimated value
3,908 sqft 0.12 AC lot
View details
2848 Auxplaines Ave, Unit 2
APARTMENT HOUSE (UNDER 5 UNITS)

2848 Auxplaines Ave, River Grove, IL 60171-3119

Unit 2
$555,000
Estimated value
2,597 sqft 0.13 AC lot
View details
9017 Grand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

9017 Grand Ave, River Grove, IL 60171-1324

$325,000
Estimated value
3,500 sqft 0.07 AC lot
View details
8251 Grand Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8251 Grand Ave, River Grove, IL 60171-1583

$610,000
Estimated value
3,864 sqft 0.09 AC lot
View details
8157 Walsh Ln
APARTMENT HOUSE (UNDER 5 UNITS)

8157 Walsh Ln, River Grove, IL 60171-3327

$700,000
Estimated value
4,032 sqft 0.12 AC lot
View details
8147 Walsh Ln
APARTMENT HOUSE (UNDER 5 UNITS)

8147 Walsh Ln, River Grove, IL 60171-3325

$570,000
Estimated value
4,053 sqft 0.12 AC lot
View details
8222 Grand Ave, Unit 2
APARTMENT HOUSE (UNDER 5 UNITS)

8222 Grand Ave, River Grove, IL 60171-1568

Unit 2
$710,000
Estimated value
4,536 sqft 0.10 AC lot
View details
2730 Budd St
APARTMENT HOUSE (UNDER 5 UNITS)

2730 Budd St, River Grove, IL 60171-3709

$315,000
Estimated value
1,685 sqft 0.09 AC lot
View details

River Grove, IL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in River Grove, IL on our real estate platform.

Sale prices for multifamily properties in River Grove, IL average $747,000 — 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

Triplexes 2
Duplexes 1

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 $713.5K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

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