Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8301 Grand Ave River Grove, IL 60171-1433

    • Grocery and convenience stores
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 09, 2023
    Location Intelligence
    Property ID
    US28-1553531
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 8301 Grand Ave

    Year built
    1955
    Lot size
    0.07 lot acres
    Property type
    Grocery and convenience stores
    APN
    12-26-410-007
    APU
    1226410007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    River Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.8336
    Latitude
    41.928
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $21,964
    $13,476
    $55,807
    $69,283
    -
    $53,904
    $223,228
    $277,132

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      8301 Grand Ave

      GROCERY, SUPERMARKET • 0.06 Acres
      8301 Grand Ave, River Grove, IL 60171-1433
      View Details
    • Value Estimation by Request
      0.09 Acres

      8301 Grand Ave

      GROCERY, SUPERMARKET • 0.09 Acres
      8301 Grand Ave, River Grove, IL 60171-1433
      View Details
    • Value Estimation by Request
      0.14 Acres

      8166 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      8166 Grand Ave, River Grove, IL 60171-1521
      View Details
    • Value Estimation by Request
      0.07 Acres

      8901 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      8901 Grand Ave, River Grove, IL 60171-1322
      View Details
    • Value Estimation
      $445,000
      0.25 Acres

      8383 Belmont Ave

      STORE, RETAIL OUTLET • 0.25 Acres
      8383 Belmont Ave, River Grove, IL 60171-1000
      View Details
    • Value Estimation
      $250,000
      1.04 Acres

      1908 5th Ave

      RETAIL STORES (PERSONAL SERVICES) • 1.04 Acres
      1908 5th Ave, River Grove, IL 60171-1906
      View Details

    Similar Nearby for Sale

    • $1,500,000
      3,550 SF

      River Grove Retail Building For Sale

      3,550 SF freestanding building on a 16,000 SF lot.
      8801 Grand Ave, River Grove, IL 60171
      View Details
    • $859,900

      Renovated Two-Unit Residence with Garage

      Fully renovated two-unit property with commercial zoning and contractor's garage.
      8211 W Grand Ave, River Grove, IL 60171
      View Details
    • $419,000
      0.07 Acres

      Commercial Property with Established Business

      Live and work in River Grove, Illinois.
      9011 Grand Ave, River Grove, IL 60171
      View Details
    • $935,000
      0.13 Acres

      Fully Rented Brick Apartment Building

      Six-unit, fully rented brick building near transportation and stores.
      8233 W Oconnor Dr, River Grove, IL 60171
      View Details
    • $349,000
      3,700 SF

      Refrigerated Warehouse Space Available

      3,700 SF warehouse with freezers and coolers in place.
      8256 W Grand Ave, Chicago, IL 60171
      View Details
    • $399,500
      3,200 SF

      Veterinary Building on Grand Avenue

      3200 SF veterinary building for sale on busy Grand Avenue.
      8035 Grand Ave, River Grove, IL 60171
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,600 SF

      River Grove Redevelopment Opportunity

      Restaurant and parking lot parcels near Metra station.
      2628 Thatcher Ave, River Grove, IL 60171
      View Details
    • $2,650 /Mo
      1,150 SF

      Spacious Apartment in River Grove

      Three-bedroom, two-bathroom apartment with modern amenities and convenient location.
      2685 N Julian Ter N, River Grove, IL 60171
      View Details
    • $5,000 /Mo

      Luxury Townhome in Gated Community

      New construction townhome with luxury amenities and convenient location.
      3110 Birch Ln, River Grove, IL 60171
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8301 Grand Ave
    River Grove, IL 60171-1433
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.