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    Property profile & analytics

    8901 Grand Ave River Grove, IL 60171-1322

    • Retail space
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 17, 2020
    Location Intelligence
    Property ID
    US28-1625205
    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

    • Bitcoin ATM River Grove - Coinhub / Crypto Atm / Currency Exchange Service
    • ATM / Atm
    • Bitstop Bitcoin ATM / Atm

    Property Details for 8901 Grand Ave

    Year built
    1967
    Lot size
    0.07 lot acres
    Property type
    Retail space
    APN
    12-27-405-009
    APU
    1227405009

    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
    -87.8482
    Latitude
    41.9289
    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
    $12,342
    $13,476
    $24,024
    $37,500
    -
    $53,904
    $96,096
    $150,000

    Comparable in this City

    • 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
      $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
    • Value Estimation by Request
      0.06 Acres

      8978 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.06 Acres
      8978 Grand Ave, River Grove, IL 60171-1341
      View Details
    • Value Estimation
      $310,000
      0.21 Acres

      8515 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.21 Acres
      8515 Grand Ave, River Grove, IL 60171-1406
      View Details
    • Value Estimation
      $480,000
      0.07 Acres

      8347 Grand Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.07 Acres
      8347 Grand Ave, River Grove, IL 60171-1434
      View Details

    Similar Nearby for Sale

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      Live and work in River Grove, Illinois.
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      Fully Rented Brick Apartment Building

      Six-unit, fully rented brick building near transportation and stores.
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      Three-story office building in grocery-anchored retail center.
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    Similar Nearby for Lease

    • Contact for pricing
      7,600 SF

      River Grove Redevelopment Opportunity

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      View Details
    • $2,650 /Mo
      1,150 SF

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      Three-bedroom, two-bathroom apartment with modern amenities and convenient location.
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      View Details
    • $5,000 /Mo

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      New construction townhome with luxury amenities and convenient location.
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    8901 Grand Ave
    River Grove, IL 60171-1322
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    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
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