Property profile

8247 Grand Ave River Grove, IL 60171

OFF-MARKET
Residential income homes
Property ID
US28-1113692
3,864 SF 0.09 ac lot Built 1974
Individually Owned 2-yr Hold
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Property profile

Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,864 SF
Lot 0.09 ac (3,906 SF)
APN 12-26-411-036
UPID US28-1113692

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Trucking Company

Location

8247 Grand Ave River Grove, IL 60171-1574
River Grove metro Census 811100 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$605k
CAP Approach CAP
$770k
Comparable Approach Comparable
$558k
Blend (final) Blend
$605k

Owner & transaction history

since 2024
Last sale
$605,000
2 recorded transactions
2024
$605,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Neighborhood: shopping center $845,000 +63.9%
Retail stores $575,000 +11.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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