8465-8471 W Grand Avenue

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Address: 8465-8471 W Grand Avenue , River Grove, Illinois, US
Created date: February 16, 2024
Date last updated: March 26, 2024
  • 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

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $12,500,000
No. of Units: 48
Opportunity Zone: No
Price per unit: $260,417
Property Website Click Here
Address: 8465-8471 W Grand Avenue , River Grove, IL 60171, USA
Provided by:

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