8122 Grand Ave River Grove, IL 60171-1510
- Auto shops
- 0.12 lot acres
Current Use by Public Records
- Auto shops
Property Details for 8122 Grand Ave
- Year built
- 1944
- Lot size
- 0.12 lot acres
- Property type
- Auto shops
- APN
- 12-26-406-023
- APU
- 1226406023
Description
This vacant, 2,000-square-foot auto shop/storefront in River Grove, IL, presents a compelling investment opportunity. Located on Grand Avenue, this single-story, 1944-built building sits on a 5,411-square-foot lot (87.7' x 61.7') and boasts 87.7 feet of prime frontage. The C-3 zoning allows for diverse uses, including automotive repair, retail, restaurants, offices, or redevelopment. Features include a front retail reception area, parking for 20 cars, 12-foot ceilings, 200-amp electric service, bright modern lighting, and gas heat. The building's current configuration comfortably accommodates four vehicles simultaneously. With a daily traffic count of 22,700 vehicles, this location offers exceptional visibility and accessibility. Nearby businesses include Starbucks, Dunkin', and other established retailers. This property is priced at $500,000, representing a cost of $250 per square foot. The property's versatility and high-traffic location make it an ideal investment for owner-users or developers seeking a strong return. The parcel number is 12264060230000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- River Grove
- County
- Cook
- State
- Illinois
- Longitude
- -87.8293
- Latitude
- 41.9278
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
