8620 Grand Avenue

River Grove, IL 60171

$830,000
Last Sold Price
12
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

All brick 8-unit. Very well-maintained with ample parking off-street. This property is 2 lots in River Grove. 100% occupied. Great opportunity for armchair investing. Owner installed a cistern in the front for preventative flood control. No basement. Coin laundry and storage lockers on first level. Oak hardwood under the carpet on 2nd and 3rd floors. 12 parking spaces. Updated kitchens.All brick 8-unit. Very well-maintained with ample parking off-street. This property is 2 lots in River Grove. 100% occupied. Great opportunity for armchair investing. Owner installed a cistern in the front for preventative flood control. No basement. Coin laundry and storage lockers on first level. Oak hardwood under the carpet on 2nd and 3rd floors. 12 parking spaces. Updated kitchens.

Listing Agent

  1. Billy Mayer

    Billy Mayer

    Listing Agent

    Compass

Sold By Kale Realty

Property Details for 8620 Grand Avenue

Area
River Grove
Township
Leyden
Num Of Parking Spaces
12.0
Zoning
MULTI

Location

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LISTING UPDATED: 05/05/2021 08:26 AM

Property Details for 8620 Grand Avenue

StatusClosed
MLS #10542742
Days on Market413
Taxes$14,986 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1965
Lot Size7725.09 AC / 336,504,920 SF
CountyCook County

Location

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Building Information for 8620 Grand Avenue

Stories-Residences8Year Built1965Building Size-Lot Size7725.09 AC / 336,504,920 SF

Payment Calculator

$5,778 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,530

Property Taxes

$1,249

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8620 Grand Avenue

General Information
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 1
  • Heat/Ventilation: Baseboard
  • # Of Window/Ac: 8
  • # Of Refrigerators: 8
  • Washer/Dryer Lsd: No
  • # Of Dryers: 1
  • Num of Baths: 8.0
Property/Lot Information
  • Tenant Pays: Electricity, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 151X50
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • # Of Ranges: 8
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Income & Expenses
  • Electric Expense: $632.00
  • Fuel Expense: $4,418.00
  • Gross Income: $96,740.00
  • Gross Scheduled Income: $96,740.00
  • Insurance Expense: $2,906.00
  • Maintenance Expense: $3,000.00
  • Expense Year: 2019
  • Janitor Expense: 0
  • Net Operating Income Year: 2019
  • Repairs-Decor Expense Source: Owner Projection
  • Total Monthly Income: 7895
  • Net Operating Income: $63,421.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $1,405.00
  • Water Sewer Expense: $3,970.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 4
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 8620 Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8620 Grand Avenue

Taxable ValueLand$6,468Additions$37,239Total$43,707
Tax Record2022$13,856 ($1,155 / month)
Home Facts
Lot Size3,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1971CountyCOOKAPN12-26-301-007

Schools near 8620 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 Cyprian Elementary School
PrivatePK to 8

Guerin Prep High School
Private9 to 12

Guerin College 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.

Similar Homes

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Similar Sold Homes

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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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hometown Real Estate

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.