Financial
Distress signals
Property profile

8044 Grand Ave River Grove, IL 60171

FOR SALE
Other industrial properties
Property ID
US28-1608220
2,431 SF 0.14 ac lot Built 1931
Last sale Jun 2010
Trust Owned Owner of record is a trust. 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This mixed-use assemblage consists of three contiguous, separately deeded parcels offered together as a single package, located at 8044, 8050, and 8056 Grand Avenue in River Grove. The combined property totals approximately 18,500 square feet and includes two improved commercial properties and one vacant parcel. The assemblage provides private parking and rear access via an alley, with approximately 150 feet of frontage along Grand Avenue. Existing improvements support multiple types of use,

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$18k
Tax billed · 2022
Assessed value$56k
Assessed land$13k
Assessed improvement$43k
Effective rate31.70%

Value estimate

· Sep 2026
$245k
$221k – $270k
AI approach$320k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.0
Law Firm12.0
Bakery10.7

Location

8044 Grand Ave River Grove, IL 60171
County assessor Recorded deeds · 1 transfer 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2314 Riv, River Grove, IL 60171-1848 $1,750,000 Nov 2021 N/A
1810 5th, River Grove, IL 60171-1905 $4,600,000 Nov 2021 N/A
8999 Palmer, River Grove, IL 60171-1926 $32,000,000 Nov 2021 N/A
3060 Riv, River Grove, IL 60171-1009 $285,000 Oct 2021 N/A
3050 Riv, River Grove, IL 60171-1009 $7,749,000 Oct 2021 N/A
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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