8824 Cherry Avenue, River Grove, IL 60171

Local realty services provided by:ERA Naper Realty
8824 Cherry Avenue,River Grove, IL 60171
$690,000
  • 8 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:rose toma
Office:@properties christie's international real estate
MLS#:12454642
Source:MLSNI

Price summary

  • Price:$690,000

About this home

Welcome to 8824 Cherry - A Turnkey Investment/money making Opportunity! Investors and potentially owner-occupant! This legal 3-unit building is a proven money maker w/ long-term tenants in place and low rents. Fully rented and well-maintained, w/ a lot of room to increase rental amounts to market rates. Garden unit was previous owners unit, condo-quality renovated, radiant heated floors, spacious 2 bed 1 bath & includes the newer oversized garage spot & has a private dedicated washer/dryer closet, right outside the door. Middle floor has 3 good sized bedrooms 1 1/2 baths, was completely remodeld w/ beautiful finishes, rent here could much higher...Top floor same floor plan as middle floor and in good condition. No history of flooding in this building. Large front side driveway big enough to fit 6 exterior cars. All leases expire 4.30.2026. Coin laundry in basement for extra income. River Grove Pre-sale inspeciton completed. Roof 6-7 years old. Projected market rents give this a

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Home facts

  • Year built:1965
  • Listing ID #:12454642
  • Added:21 day(s) ago
  • Updated:September 16, 2025 at 01:28 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:5
  • Full bathrooms:3
  • Half bathrooms:2

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1965

Schools

  • High school:East Leyden High School
  • Middle school:River Grove Elementary School
  • Elementary school:River Grove Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$690,000
  • Tax amount:$14,228 (2023)
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