8465-8471 W Grand Avenue

8465-8471 W Grand Avenue , River Grove, IL 60171

  • For Sale $12,500,000
  • Property Type Multi-Family
  • Property Size 45,360 SF
  • Units 48
  • Date Updated Mar 26, 2024
Located about 15 miles west of Chicago, River Grove encompasses just under two and a half square miles and is bordered by Melrose Park to the south, Franklin Park to the west, and Elmwood Park to the east. River Grove is a primarily residential neighborhood with a mixture of single-family homes, townhouses, and apartments. The community is known for its tree-lined streets, well-maintained homes, and friendly residents. The Village is conveniently located near major highways, including Interstate 294 and Interstate 290, making it easy to commute to and from work or travel to nearby attractions. In addition, it's just a short drive away from O'Hare International Airport, which provides easy access to both domestic and international destinations.Essex Realty Group, Inc. has been exclusively engaged to market for sale 8465-71 W. Grand Ave., located in River Grove, a northwestern suburb of Chicago, Illinois. This new construction property, consisting of forty-eight luxury apartments, was completed in 2018. The Subject Property consists of four (4) twelve- (12) unit buildings. Each building is comprised of Twelve (12) two-bedroom/two-bath apartments. The units feature gourmet kitchens, modern bathrooms, individual HVAC units, domestic hot water tanks, and in-unit laundry. Each residence also includes a private balcony or gated outdoor area. The Property also includes forty-eight (48) surface parking spaces in front of all four buildings. Investors have the option to acquire the property individually or as part of a portfolio alongside 8538 W. Grand Ave. and 7353 W. Grand Ave. (18 units). This presents a unique opportunity for an investor to acquire three exceptionally well-constructed, low-maintenance assets.

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Attachments

Highlights

  • New Construction Delivered in 2018
  • Forty-Eight (48), 2 Bed / 2 Bath Units & (48) Surface Parking Spaces
  • High-Quality Construction Throughout
  • Individual Balconies or Patios
  • 0.3 Miles (8 min walk) to River Grove Metra Station

Contacts

broker

Steven Livaditis

Essex Realty Group

(773) 305-4840

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable

  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City River Grove, IL
  • Neighborhood River Grove
  • Zip Code 60171
  • Market Chicago

Points of Interest

  • River Grove

    0.19 miles

  • Elmwood Park

    1.24 miles

  • Belmont Avenue (Franklin Park)

    1.33 miles

  • Franklin Park

    1.55 miles

  • Mont Clare

    1.95 miles

  • Maywood

    2.79 miles

  • Galewood

    2.80 miles

  • Melrose Park

    2.80 miles

  • Schiller Park

    2.85 miles

  • River Forest

    2.98 miles

  • Marathon

    0.30 miles

  • BP

    0.42 miles

  • River Grove Citgo

    0.64 miles

  • Marathon

    0.93 miles

  • Costco Gasoline

    1.23 miles

  • Mobil

    1.27 miles

  • BP

    1.31 miles

  • Delta Sonic

    1.38 miles

  • Shell

    1.40 miles

  • BP

    1.63 miles

  • Student Parking

    0.77 miles

  • Cernan Parking

    0.80 miles

  • Visitor Parking

    1.02 miles

  • Greenfield Parking Lot

    1.88 miles

  • Parking Garage

    1.92 miles

  • West Parking Lot

    1.94 miles

  • East Parking Lot

    1.98 miles

  • Visitors Parking

    2.04 miles

  • St. Priscilla's Church parking

    2.21 miles

  • Concordia University Parking Garage

    2.53 miles

  • Super 8 Chicago/Rosemont/O'Hare/SE

    0.87 miles

  • Comfort Suites Chicago O'Hare Airport

    2.17 miles

  • New Budget Motel

    2.22 miles

  • Lido Motel

    2.36 miles

  • Ambiance Motel

    2.38 miles

  • Best Western Plus Chicago O'Hare South

    2.39 miles

  • Super 8 by Wyndham Chicago Northlake O'Hare South

    2.56 miles

  • Quality Inn O'Hare Airport

    2.71 miles

  • Hampton Inn Chicago-O'Hare International Airport

    2.82 miles

  • Candlewood Suites Chicago O'Hare

    2.88 miles

  • Rosati's

    0.18 miles

  • Dunkin'

    0.39 miles

  • Subway

    0.41 miles

  • Gene and Jude's

    0.44 miles

  • McDonald's

    0.44 miles

  • D'Agostino's Pizza and Pub

    0.56 miles

  • Dunkin'

    0.65 miles

  • Culver's

    1.18 miles

  • Taco Bell

    1.34 miles

  • Culver's

    1.34 miles

  • River Grove Elementary School

    0.08 miles

  • Bethlehem School

    0.15 miles

  • Enger School

    0.23 miles

  • Saint Cyprian School

    0.43 miles

  • Elmwood Park High School

    0.60 miles

  • Rhodes Elementary School

    0.69 miles

  • Guerin Prep High School

    0.73 miles

  • East School

    0.76 miles

  • Triton College

    0.93 miles

  • Saint Celestine School

    1.12 miles

  • Early Childhood Center

    1.06 miles

  • The Day Nursery

    3.61 miles

  • Little Beginnings Day Care

    4.02 miles

  • Pinocchio Child Care

    4.19 miles

  • Kangaroo Kroner

    4.27 miles

  • Back 2 Basics Day Care

    4.38 miles

  • Blocks 24 hr Child Care Center

    4.43 miles

  • Little Folks Cottage Inc

    4.73 miles

  • ABC Toon Town Day Care

    4.92 miles

  • Care-A-Lot Early Learning Center

    4.96 miles

Frequently Asked Questions

What is the lease rate for 8465-8471 W Grand Avenue ?

Rental asking rate at 8465-8471 W Grand Avenue is $6,250,000.00/YR.

What is the total square footage of 8465-8471 W Grand Avenue ?

8465-8471 W Grand Avenue totals 45,360 square feet.

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Contact Listing Broker

broker

Steven Livaditis

Essex Realty Group

(773) 305-4840