8256 Grand Ave, River Grove, IL 60171
For Sale
1 / 5
This exceptional 3,700-square-foot refrigerated warehouse, located at 8256 W. Grand Ave in River Grove, Illinois (zip code 60171), presents a unique investment opportunity. The property sits on a 0.14-acre lot and is classified as a Class B industrial building constructed in 1974. The single-tenant building offers ample space for cold storage operations, featuring a ceiling height ranging from 8 to 11 feet. Convenient loading and unloading are facilitated by two loading docks and two drive-in doors. The electrical service is robust, providing 200 amps at 120/240 volts, with 3-phase power available. The property currently has 3,700 square feet of vacant space ready for immediate occupancy. Existing freezers and coolers are in place, although a bonus 40-foot refrigerated ocean container (not included in the square footage) is also available. This Cook County location offers easy access to major transportation routes, making it an ideal location for businesses requiring efficient cold chain logistics. The property's features make it suitable for a variety of cold storage and distribution needs. This is a rare opportunity to acquire a well-located, functional refrigerated warehouse in a desirable market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.