8111 Grand Avenue

River Grove, IL 60171

$925,000
Price
14
Beds
6
Baths
2
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Own one or both of the largest 6 unit buildings in the area. 8107 Grand Av. is available ML#12215233. Advantageous unit mix you won't find: 2 1000+Sq. Ft. 3 bedroom 1.5 bath units and 4 large 2 bedroom units with no garden apts. L-shaped building is connected to 8107 Grand in the middle. New Vinyl floors in 3 units' kitchens. Hardwood floors in top 4 units. 3 bedrooms have 20 ft+ kitchens and Living rooms. 2 units have dishwashers. Newer tile work in half the units' baths. 1st floor apt has brick...Own one or both of the largest 6 unit buildings in the area. 8107 Grand Av. is available ML#12215233. Advantageous unit mix you won't find: 2 1000+Sq. Ft. 3 bedroom 1.5 bath units and 4 large 2 bedroom units with no garden apts. L-shaped building is connected to 8107 Grand in the middle. New Vinyl floors in 3 units' kitchens. Hardwood floors in top 4 units. 3 bedrooms have 20 ft+ kitchens and Living rooms. 2 units have dishwashers. Newer tile work in half the units' baths. 1st floor apt has brick addition off the back with a family room and a stone gas fireplace. Zone Valves, pumps and pipes have been recently replaced. Halls have been painted this spring. Storage included for tenants. Rubber roof, seams were sealed 10-24. 7 parking spots for assigned parking. Village recently did alley. River Grove is up and coming as a growing desirable community with excellent rent growth for the new owner. Owner is a licensed RES Broker in Illinois.
  1. Listed by Thomas Mullen • HomeSmart Connect LLC

Property Details for 8111 Grand Avenue

Area
River Grove
Township
Leyden
Num of Interior Fireplaces
1
Zoning
MULTI
LISTING UPDATED: 11/26/2024 02:02 AM

Property Details for 8111 Grand Avenue

StatusNew
MLS #12215423
Days on Market4
Taxes$23,724 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Multi Family 5+-Courtyard
Year Built1966
Lot Size0.14 AC / 6,250 SF
CountyCook County

Building Information for 8111 Grand Avenue

Stories3Residences6Year Built1966Building Size-Lot Size0.14 AC / 6,250 SF

Property Information for 8111 Grand Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required,Show-Call Owner,Show-Lock Box
Taxes and HOA Information
  • Association Fee Includes: None
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • # Of Washers: 1
  • Basement Description: None
  • Heat/Ventilation: Gas,Hot Water,Baseboard,Radiant
  • # Of Window/Ac: 9
  • # Of Refrigerators: 5
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 2
  • Num of Baths: 6.2
Exterior Features
  • Building Unit Info: Security System,Smoke/Alarm Detector,Storage/Locker Area
  • Misc Outside: Courtyard,Security Lighting,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Courtyard
  • Lot Dimensions: 50X125
  • Lot Size Square Feet: 6250.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 7500
  • Lot Size Source: Survey
  • # Of Ranges: 6
  • Conversion: N
Property and Assessments
  • Possible Use: Condominium, Multi-Family
  • Buyer Financing: Conventional
  • Public Document Count: 2
  • Document Date: 2024-11-25T20:11:38
  • Photos Count: 18
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks
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: $637.00
  • Fuel Expense: $4,512.00
  • Gross Income: $104,100.00
  • Gross Scheduled Income: $105,600.00
  • Insurance Expense: $4,726.00
  • Maintenance Expense: $1,500.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Known Encumbrances: First Mortgage
  • Expense Year: 2024
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Manager Expense Source: AC
  • Other Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 8800
  • Water Expense Source: Actual
  • Net Operating Income: $67,725.00
  • Operating Expense: $37,875.00
  • Other Expense: $1,500.00
  • Trash Expense: $1,026.00
  • Water Sewer Expense: $3,249.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 2
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: 3
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 8111 Grand Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 8111 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 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.

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8111 Grand Avenue is a multi-family home for sale in River Grove, IL 60171. This property was listed for sale on November 25, 2024 by HomeSmart Connect LLC, it's currently listed at $925,000. This listing's school district is River Grove School District 85-5. Nearby schools include River Grove Elementary School, St Cyprian Elementary School and Guerin College Prep High School. 8111 Grand Avenue is a 14-bed, 7-bath, multi-family home built in 1966.

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 HomeSmart Connect LLC

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. Based on information submitted to the MLS GRID as of 11/26/2024 02:02 AM. 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.