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    River Grove, IL Residential Income Properties for Sale

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    Franklin Park, IL Melrose Park, IL Elmwood Park, IL
    Commercial Property with Established Business
    $419,000
    0.07 Acres

    Commercial Property with Established Business

    9011 Grand Avenue, River Grove, IL 60171

    Live and work in this River Grove commercial property.

    • Established driving school business opportunity included, with potential for seller training.
    • Prime location with high visibility, close to main roads, transportation, and the airport.
    • Renovated two‑bedroom apartment suitable for personal use or rental income.
    • Unique garden room potential with a glass ceiling.
    • Tenants responsible for their own electricity and access to outdoor living spaces.
    Updated: Apr 3
    View details
    Renovated Two-Unit Residence
    $859,900

    Renovated Two-Unit Residence

    8211 W Grand Avenue, River Grove, IL 60171

    Two-unit property with commercial zoning and contractor's garage.

    • Fully renovated two‑unit residence with commercial zoning, offering versatility.
    • Oversized 50' x 125' professionally landscaped lot with deep setback and curb appeal.
    • Commercial‑grade garage with heat, water, bathroom, loft storage, and dual oversized overhead doors with alley access, increasing income potential.
    • Each unit features a spacious 3‑bedroom, 1.5‑bath layout with modern finishes, including granite countertops, stainless steel appliances, in‑unit laundry, and central A/C.
    • Prime location within walking distance to schools, shopping, Metra, and minutes from O'Hare Airport.
    Updated: Apr 29
    View details
    River Grove Commercial Investment Opportunity
    $375,000
    0.30 Acres

    River Grove Commercial Investment Opportunity

    Versatile property with potential for rental units or business operations.

    8517 W Grand Avenue, River Grove, IL 60171
    View details
    Based on your search, we've compiled 167 Potential Opportunities for your consideration. Besides 3 Active listings in River Grove, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 156 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Melrose Park Multifamily Property
    $749,000

    Melrose Park Multifamily Property

    Brick multifamily property featuring large apartments and parking.

    1730 N 1st Avenue, Melrose Park, IL 60160
    View details
    Elmwood Park Two-Unit Property
    $430,000

    Elmwood Park Two-Unit Property

    Two-unit property with investment potential in a desirable location.

    2842 N 74th Court, Elmwood Park, IL 60707
    View details
    Melrose Park Brick Two-Flat
    $480,000

    Melrose Park Brick Two-Flat

    Solid brick 2-flat, ideal for investors, fully occupied.

    2029 19th Avenue, Melrose Park, IL 60160
    View details
    Spacious Duplex with Two-Car Garage
    $499,900

    Spacious Duplex with Two-Car Garage

    Two large apartments with dens, garage, and parking pad.

    2649 N 74th Avenue, Elmwood Park, IL 60707
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot in River Forest
    $1,200,000
    0.42 Acres

    Vacant Lot in River Forest

    Vacant lot suitable for condos or townhomes development.

    1101 Bonnie Brae Place, River Forest, IL 60305
    View details
    Franklin Park Multi-Family Lot
    $199,900

    Franklin Park Multi-Family Lot

    Multi-family lot in Franklin Park near transportation.

    10729 W Grand Avenue, Franklin Park, IL 60131
    View details
    Cleared Land in Oak Park
    $739,900
    0.21 Acres

    Cleared Land in Oak Park

    Cleared land suitable for development in Oak Park, Illinois.

    1125 Erie Street, Oak Park, IL 60302
    View details
    Oversized Lot in Chicago
    $650,000
    0.39 Acres

    Oversized Lot in Chicago

    Exceptional double lot suitable for development or rehabilitation.

    4106 N MOBILE Avenue, Chicago, IL 60634
    View details

    Off-Market Properties in River Grove, IL

    Consider similar Off-Market properties in River Grove, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8519 Grand Ave

    8519 Grand Ave

    GARDEN APT, COURT APT (5+ UNITS) • 11,840 SF
    Value Estimation
    $1,880,000
    8519 Grand Ave, River Grove, IL 60171-1487
    View details
    2453 1st Ave

    2453 1st Ave

    GARDEN APT, COURT APT (5+ UNITS) • 14,900 SF
    Value Estimation
    $2,150,000
    2453 1st Ave, River Grove, IL 60171-1782
    View details
    2917 Elm St

    2917 Elm St

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,824 SF
    Value Estimation by Request
    2917 Elm St, River Grove, IL 60171-1390
    View details
    2662 Elm St

    2662 Elm St

    GARDEN APT, COURT APT (5+ UNITS) • 0.07 Acres
    Value Estimation
    $900,000
    2662 Elm St, River Grove, IL 60171-1644
    View details
    2514 Erie St

    2514 Erie St

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,784 SF
    Value Estimation by Request
    2514 Erie St, River Grove, IL 60171-3503
    View details
    8241 Grand Ave

    8241 Grand Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,937 SF
    Value Estimation
    $520,000
    8241 Grand Ave, River Grove, IL 60171-3701
    View details
    8245 Grand Ave, Unit 2

    8245 Grand Ave, Unit 2

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,864 SF
    Value Estimation
    $530,000
    8245 Grand Ave, River Grove, IL 60171-1573
    View details
    8247 Grand Ave

    8247 Grand Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,864 SF
    Value Estimation
    $605,000
    8247 Grand Ave, River Grove, IL 60171-1574
    View details
    2900 Riv Rd

    2900 Riv Rd

    GARDEN APT, COURT APT (5+ UNITS) • 5,583 SF
    Value Estimation by Request
    2900 Riv Rd, River Grove, IL 60171-1351
    View details
    2524 Budd St

    2524 Budd St

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,112 SF
    Value Estimation by Request
    2524 Budd St, River Grove, IL 60171-1737
    View details
    8923 Chestnut Ave

    8923 Chestnut Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,044 SF
    Value Estimation by Request
    8923 Chestnut Ave, River Grove, IL 60171-1391
    View details
    8147 Smith Ln

    8147 Smith Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,765 SF
    Value Estimation by Request
    8147 Smith Ln, River Grove, IL 60171-3346
    View details
    8827 Grand Ave

    8827 Grand Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,780 SF
    Value Estimation by Request
    8827 Grand Ave, River Grove, IL 60171-1388
    View details
    8827 Grand Ave

    8827 Grand Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 1,700 SF
    Value Estimation by Request
    8827 Grand Ave, River Grove, IL 60171-1388
    View details
    8214 Enger Ln

    8214 Enger Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,908 SF
    Value Estimation
    $575,000
    8214 Enger Ln, River Grove, IL 60171-3341
    View details
    2848 Auxplaines Ave, Unit 2

    2848 Auxplaines Ave, Unit 2

    APARTMENT HOUSE (UNDER 5 UNITS) • 2,597 SF
    Value Estimation
    $510,000
    2848 Auxplaines Ave, River Grove, IL 60171-3119
    View details
    9017 Grand Ave

    9017 Grand Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,500 SF
    Value Estimation by Request
    9017 Grand Ave, River Grove, IL 60171-1324
    View details
    8251 Grand Ave

    8251 Grand Ave

    APARTMENT HOUSE (UNDER 5 UNITS) • 3,864 SF
    Value Estimation
    $565,000
    8251 Grand Ave, River Grove, IL 60171-1583
    View details
    8157 Walsh Ln

    8157 Walsh Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,032 SF
    Value Estimation
    $620,000
    8157 Walsh Ln, River Grove, IL 60171-3327
    View details
    8147 Walsh Ln

    8147 Walsh Ln

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,053 SF
    Value Estimation
    $510,000
    8147 Walsh Ln, River Grove, IL 60171-3325
    View details
    8222 Grand Ave, Unit 2

    8222 Grand Ave, Unit 2

    APARTMENT HOUSE (UNDER 5 UNITS) • 4,536 SF
    Value Estimation
    $640,000
    8222 Grand Ave, River Grove, IL 60171-1568
    View details

    River Grove, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 159 residential income properties for sale in River Grove, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,653,900.

    Sale prices for residential income properties in River Grove, IL start at $375,000, averaging $551,300, and reaching up to $859,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 10K
    Population Growth (5Y) +3.3%
    Median Household Income $74,793
    College Educated 30.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify River Grove submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60171 $397K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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