8250 W Grand Ave

$659,900
Price
11
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment Opportunity in River Grove! Seize the chance to own a unique 6-unit building in the thriving West Cook community of River Grove, where growth and positive change are everywhere! This non-conforming property consists of five spacious 2-bedroom units and one 1-bedroom unit in the basement all generously sized due to the building's layout. Recent updates include improved rear decking, the hot water boiler is only six years old, and Hot water heater 2025! Each unit is separately metered for...Investment Opportunity in River Grove! Seize the chance to own a unique 6-unit building in the thriving West Cook community of River Grove, where growth and positive change are everywhere! This non-conforming property consists of five spacious 2-bedroom units and one 1-bedroom unit in the basement all generously sized due to the building's layout. Recent updates include improved rear decking, the hot water boiler is only six years old, and Hot water heater 2025! Each unit is separately metered for cooking gas and electricity, providing efficiency and convenience. The property features general storage in the basement, parking for 5 cars, and off-street parking options. Owner-supplied refrigerators and stoves are included, and with no leases in place, this is the perfect opportunity to select your own tenants or house family members. Income and Expenses are from 2024! A 2025 Market Rent Research shows Rentals for this area to be in $1650 a month. River Grove offers a blend of small-town charm and city accessibility, with amenities such as scenic river trails along the Des Plaines River, vibrant festivals, and proximity to Triton College. Don't miss this fantastic chance to invest in a high-demand rental market!

Property Details for 8250 West Grand Avenue

Area
River Grove
Township
Leyden
Air Conditioning Type
None
Zoning
MULTI
LISTING UPDATED: 11/14/2025 03:26 PM

Property Details for 8250 West Grand Avenue

StatusActive
MLS #12463353
Days on Market101
Taxes$16,169 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Other
Year Built1930
Lot Size0.11 AC / 4,980 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 8250 West Grand Avenue

Stories3Residences6Year Built1930Building Size-Lot Size0.11 AC / 4,980 SF

Payment Calculator

$4,608 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,261

Property Taxes

$1,347

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8250 West Grand Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Information: 24-Hr Notice Required,Show-Call Listing Office
Taxes and HOA Information
  • Association Fee Includes: None
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Type: Exterior Entry
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • # Of Washers: 0
  • Heat/Ventilation: Central Bldg Heat,Gas,Radiators
  • # Of Refrigerators: 6
  • # Of Dryers: 0
  • # Of Dishwashers: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Utilities: None
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: None
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Other
  • Lot Dimensions: 50X125
  • Lot Size Square Feet: 4980.0
  • Stories: 3
  • Construction: Brick, Concrete, Wood
  • Roof Type: Composition
  • Fire Protection: Smoke or Fire Protectors
  • Roof Structure: Gable
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 4092
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Documents Available: Rent Roll,Floor Plan,Backup Package
  • Public Document Count: 1
  • Document Date: 2025-09-04T21:45:35
  • Photos Count: 21
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Sidewalks
  • Location: Mixed Use Area,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $1,450.00
  • Fuel Expense: $2,816.00
  • Gross Income: $77,600.00
  • Gross Scheduled Income: $77,600.00
  • Insurance Expense: $1,100.00
  • Maintenance Expense: $4,390.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: First Mortgage
  • Expense Year: 2024
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 1000
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 6450
  • Water Expense Source: Actual
  • Net Operating Income: $45,887.00
  • Operating Expense: $31,767.00
  • Other Expense: $1,798.00
  • Trash Expense: $1,143.00
  • Water Sewer Expense: $1,901.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8250 West Grand Avenue

DateEvent & SourcePriceAppreciation
Sep 4, 2025

Listed (Active)

MRED #12463353

$659,900
Sep 4, 2025

Cancelled

MRED #12399671

$679,900
Jun 20, 2025

Cancelled

MRED #12296390

$779,900
Jun 20, 2025

Listed (Active)

MRED #12399671

$679,900
Mar 12, 2025

Listed (Active)

MRED #12296390

$779,900
Aug 16, 2012

Sold

MRED #07600696

$350,000
May 11, 2012

Pending

MRED #07600696

Aug 4, 2010

Listed (Active)

MRED #07600696

$449,000
Dec 6, 2009

Expired

MRED #07265812

$429,000
Jul 8, 2009

Listed (Active)

MRED #07265812

$429,000
Oct 15, 2008

Expired

MRED #06863201

$440,000
Apr 15, 2008

Listed (Active)

MRED #06863201

$450,000
DateEvent & SourcePrice
09/04/2025

Listed (Active)

MRED #12463353

$659,900
09/04/2025

Cancelled

MRED #12399671

$679,900
06/20/2025

Cancelled

MRED #12296390

$779,900
06/20/2025

Listed (Active)

MRED #12399671

$679,900
03/12/2025

Listed (Active)

MRED #12296390

$779,900
08/16/2012

Sold

MRED #07600696

$350,000
05/11/2012

Pending

MRED #07600696

08/04/2010

Listed (Active)

MRED #07600696

$449,000
12/06/2009

Expired

MRED #07265812

$429,000
07/08/2009

Listed (Active)

MRED #07265812

$429,000
10/15/2008

Expired

MRED #06863201

$440,000
04/15/2008

Listed (Active)

MRED #06863201

$450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 8250 West Grand Avenue

This home is within River Grove School District 85-5.
Rating
School
Type
Grades
Distance
Public - PK to 8
Private - PK to 8
Private - 9 to 12
Private - 9 to 12
Rating
School
Distance
River Grove Elementary School
PublicPK to 8

St Celestine School
PrivatePK to 8

Guerin College Prep High School
Private9 to 12

Guerin Prep High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

8250 West Grand Avenue is a multi-family home for sale in River Grove, IL 60171. This property was listed for sale on September 4, 2025 by Baird & Warner, it's currently listed at $659,900. It has been on the market for a total of 101 days and was last sold on August 16, 2012. This listing's school district is River Grove School District 85-5. Nearby schools include River Grove Elementary School, St Celestine School and Guerin College Prep High School. 8250 West Grand Avenue is a 11-bed, 6-bath, multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/14/2025 03:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.