$959,000
SOLD SEP 17, 2025

8155 Grand Ave River Grove, IL 60171

-- Bed
-- Bath
-- Sq Ft
1976 Built

Recently Sold

4 Days on Market

Highlights

  • Laundry Room
  • River Grove School Rated 9+
  • Baseboard Heating

About This Home

As of September 2025

Wonderful investment opportunity to own this fully occupied 6-unit building offering immediate income! Conveniently located near local shopping, dining, and parks with easy highway access for a quick commute downtown. Each unit offers a spacious living area and eat-in kitchen equipped with refrigerator and range. Complete with a shared laundry room and parking included, you don't want to miss this one! Inquire today before it's too late!

Last Agent to Sell the Property

Matthew Doughty

Marketplace Homes License #471019454 Listed on: 08/01/2025

Last Buyer's Agent

Ewa Kocoj

Chicagoland Brokers, Inc. License #475128731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,669

Year Built

  • Built in 1976

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Laundry Room

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $544
  • Fuel Expense $2,934
  • Insurance Expense $5,304
  • Maintenance Expense $20,820
  • Trash Expense $1,020
  • Water Sewer Expense $3,664
  • Operating Expense $57,236
  • Gross Income $8,463
  • Net Operating Income $39,071

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,669

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1976
  • Built Before 1978 (Y/N): Yes
  • Information: Leases Avaliable
  • Estimated Age: 36-50 Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Inside: Laundry Room
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 959000
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Baseboard

Fee Information

  • Trash Expense: 1020
  • Water Sewer Expenses: 3664
  • Janitor Expense: 1841

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 6251
  • Zoning: MULTI

Rental Info

  • Board Number: 8
  • Tenancy Type: Leases,Month To Month

Multi Family

  • Net Operating Income: 39071
  • Fuel Expense: 2934
  • Insurance Expense: 5304
  • ElectricExpense: 544
  • GrossIncome: 8463
  • Maintenance Expense: 20820
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 57236
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 20669.34
  • Tax Year: 2023

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2025 09/17/25 Sold $959,000 0.0% --
08/05/2025 08/05/25 Pending -- -- --
08/01/2025 08/01/25 For Sale $959,000 +12.5% --
12/16/2022 12/16/22 Sold $852,500 -1.9% --
11/07/2022 11/07/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $869,000 -3.3% --
10/20/2022 10/20/22 For Sale $899,000 0.0% --
10/11/2022 10/11/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $899,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12433349

Midwest Real Estate Data (MRED)