The median home value in River Grove, IL is $250,000.
This is
lower than
the county median home value of $285,000.
The national median home value is $308,980.
The average price of homes sold in River Grove, IL is $250,000.
Approximately 56% of River Grove homes are owned,
compared to 38% rented, while
6% are vacant.
River Grove real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact River Grove real estate agent to arrange a tour today! Learn more about River Grove.
Rare 6-Unit Investment Opportunity in a Quiet Residential Neighborhood! This spacious 3,900+ sq. ft. multi-family gem is a must-see for savvy investors! Featuring 5 two-bedroom units and 1 one-bedroom unit, this well-maintained building offers excellent financials and strong rental demand. Key Highlights: Tenants pay their own gas & electric each and each unit has its own gas forced-air furnace and hot water heater. Spacious 3-bedroom unit offers potential to duplex down into the basement for expanded living space, perfect for an owner-occupied apartment. Full basement with large general storage area. Coin-operated laundry owned by the current owner for additional income. Prime location-minutes from shopping and amenities. A fantastic investment in a desirable location-don't miss out on this exceptional opportunity!
Exceptional Investment Opportunity in River Grove! Seize the chance to own a unique 6-unit building in the thriving West Cook community of River Grove, where growth and positive change are everywhere! This non-conforming property consists of five spacious 2-bedroom units and one 1-bedroom unit in the basement all generously sized due to the building's layout. Recent updates include improved rear decking, and the hot water boiler is only six years old. Each unit is separately metered for cooking gas and electricity, providing efficiency and convenience. The property features general storage in the basement, parking for 5 cars, and off-street parking options. Owner-supplied refrigerators and stoves are included, and with no leases in place, this is the perfect opportunity to select your own tenants or house family members. River Grove offers a blend of small-town charm and city accessibility, with amenities such as scenic river trails along the Des Plaines River, vibrant festivals, and proximity to Triton College. Don't miss this fantastic chance to invest in a high-demand rental market!
Located just south of famous Gene & Jude's! High traffic stoplight corner property for sale. Amazing development or redevelopment opportunity! 3,550 SF building on 16,000 SF land with sign. This property is ideal for a bank, street retail or fast food. Directly across the street from McDonald's and BP Gas Station. Great exposure! 46,000 vehicles total passing by location daily. Bus stop in front. River Grove Metra is a 12 minute walk away. Chicago O'Hare airport is a 12 minute drive away. Population of 180,042 with 63,435 households within a 3 mile radius and an average household income of $92K.
8827 Grand Avenue, a seven unit mixed use property located in River Grove, Illinois. The subject property consists of five two-bedroom / one and one-half bathroom apartments and two retail spaces. The retail spaces are occupied by local service-oriented tenants. The apartment units have been renovated with various updates over the years. Four units have individual boilers and one apartment has radiant heat. Tenants are responsible for their own heat and electricity. Recent capital improvements include newer apartment windows, water heater and rear porch. On-site amenities include five parking spaces, laundry facility and storage lockers. This opportunity allows for a new investor or owner-user the ability to acquire a well-maintained, mixed-use asset located in a desirable River Grove location. New ownership can increase cashflow by bringing rents to market and marketing for the five parking spaces.
Currently used an well established printing company since 1985. Well maintained, and exceptionally clean. 3 offices, full kitchen and bath. Large work area. Back alley and garage door entrance for loading. New 10 ton A/C 2023. All appointments through L.A. ONLY.
Great free standing masonry auto service building on Grand Ave. Excellent automotive or redevelopment opportunity! Building is approx. 2000 +/- SQ FT, front retail reception area, Land is 5,411sq FT, Lot size - 87.7'x61.7 Zoning C-3 heavy commercial district 87.7sq FT of frontage on Grand Ave 22,700(VPD) cars pass this location a day. currently built out as an auto repair service establishment, parking for 20 cars, 4 DIDS 12 FT ceilings, 200 amp electric, bright modern lighting, can fit 4 cars at the same time, gas heat, Can be used for auto/lite truck service, rent a car, car wash/detail, auto sales, or light manufacturing, contractor, or be used for commercial use, storage, restaurant, fast food, coffee, retail, office, laundry, gym, physical fitness/rehab, medical, dental, insurance, real estate, lawyer, day care, or some other professional use or you can redevelop, very useful building, come take a look!! Area retailers include Starbucks, Dunkin doughnuts, tucker's on grand, Liborio baking co, The Sportz nook, Catie's place river grove Paldo sign & display, The Zen den Quasthoff's flowers inc, Da Luciano's Pin Number - 12264060230000 Call listing broker for showings.
Listings courtesy of MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/23/2025. 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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