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    8801 Grand Ave River Grove, IL 60171
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    Property profile & analytics

    8801 Grand Ave, River Grove, IL 60171

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    • Retail space
    • 0.35 lot acres
    River Grove Retail Building For Sale 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
    View Listing
    Property ID
    US28-1829012
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Max's Food and liquor / Specialty Food Shop / Wine and Liquor Store
    • CoinFlip Bitcoin ATM / Bank / Business Banking Service
    • 1111 Smoke Shop / (Bike/Boat/Book/etc) Store

    Property Details for 8801 Grand Ave

    Year built
    1990
    Lot size
    0.35 lot acres
    Property type
    Retail space
    APN
    12-27-407-041
    APU
    1227407041

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 26, 2009 $700,000 Dharmesh A Purohit Tum Tum Food Mart Warranty Deed —
    Nov 21, 2006 $730,000 Tum Tum Food Mart INC Equilon Ents LLC Grant Deed $624k · Midwest Bank & Trust Co
    May 20, 2003 — Equilon Enterprises LLC Shell Oil Co Grant Deed · related —

    Description

    This exceptional retail space, located at 8801 W Grand Ave in River Grove, Illinois, presents a fantastic opportunity for a discerning business owner. The property, built in 1990 (APN 12-27-407-041-0000), offers 2,250 square feet of versatile space currently configured as a convenience/liquor store. This adaptable layout allows for a seamless transition to suit a variety of retail concepts. The property's prime location at the heavily trafficked intersection of Grand Avenue and River Road ensures high visibility and significant foot traffic, maximizing exposure to potential customers. Situated in the 60171 zip code, this location benefits from excellent access to major roadways and a thriving local community. The multiple tenancy structure provides flexibility and potential for expansion or collaboration. This is an ideal opportunity to establish or expand a retail business in a high-demand area with a proven track record. The property is ready for immediate occupancy, offering a turnkey solution for a quick and efficient start-up. Don't miss this chance to secure a prime retail location in a bustling River Grove neighborhood.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    River Grove
    County
    Cook
    State
    Illinois
    Longitude
    -87.8463
    Latitude
    41.9292
    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
    $30,690
    $66,434
    $26,813
    $93,247
    -
    $265,736
    $107,252
    $372,988
    View Listing
    More about this property
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