Contact us: 563.441.1776
Description
Excellent Investment Opportunity! Add this fully occupied, well-maintained brick 6-unit to your investment portfolio. Featuring six 2-bedroom, 1-bath units, this income-producing property offers approximately 5,773 square feet of building space on a 50' x 124' lot. Each unit is separately metered for electric, with tenants responsible for their own electric usage, helping simplify operating expenses. All six units include a range and refrigerator, hot water baseboard heat with individual thermostats, and window A/C units. Tenant conveniences include an on-site laundry room with two coin operated washers and two coin operated dryers, dedicated storage for each unit, and operated six rear parking spaces. The property is currently fully occupied, providing an investor with established tenancy from day one. Long-time ownership and consistent maintenance add to the appeal of this solid investment property. Conveniently located near public transportation, schools, shopping, and area amenities. A great opportunity to acquire an established multi-unit property with immediate rental income and long-term investment potential. This property will convey up to code per Village of River Grove Pre-sale inspection.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 5,773
County: Cook
Listed By:
Coldwell Banker Realty
773-631-8300
MRED MLS
MLS ID: 12720675
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8609 W Grand Avenue, River Grove, IL 60171.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $989,900 | $989,900 | $989,900 |
| Down Payment | $197,980 | $34,647 | $247,475 |
| Monthly Mortgage Amount | $5,202 | $6,385 | $6,416 |
| Taxes | $1378 | $1378 | $1378 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $594 | $0 |
| Monthly Estimated Total | $6,869 | $8,646 | $8,083 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/27/2026. The listing information on this page last changed on 10/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 10/27/2026 12:11:41 AM EST) or MRED MLS (last updated Tue 10/27/2026 12:02:07 AM EST) or SCWMLS (last updated Mon 10/26/2026 11:55:03 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 10/26/2026 10:15:19 PM EST) or Cedar Rapids MLS (last updated Mon 10/26/2026 10:44:26 PM EST) or NEIRBR MLS (last updated Tue 10/27/2026 12:09:09 AM EST) or ICAAR MLS (last updated Mon 10/26/2026 11:37:34 PM EST) or ECIMLS (last updated Mon 10/26/2026 11:44:34 PM EST) or RMLSA (last updated Tue 10/27/2026 12:00:58 AM EST) or Muscatine MLS (last updated Tue 10/27/2026 12:00:10 AM EST) or No Coast MLS (last updated Tue 10/27/2026 12:04:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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