1. Illinois
  2. Elmhurst
  3. 530 W Grand Avenue
$2,995,000

530 W Grand Avenue, Elmhurst, IL 60126

  • 9,976 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon1.63acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $300/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Introducing a premier commercial property at 530 W Grand Ave, Elmhurst, IL, offering an exceptional investment opportunity in one of Chicago's most desirable suburbs. This Approx 10,000 sq. ft. building is situated on a 1.63-acre lot with Grand Ave frontage of 290 feet. The property is equipped with 20 spacious service bays featuring 12-foot clearance, making it ideal for a range of automotive services and related businesses. Currently, the property houses four well-established tenants, including a car dealership, tire shop, mechanic shop, and detailing center, two of which are multinational brands, ensuring steady, long-term rental income. The facility has undergone comprehensive upgrades in 2024, including a new roof, professional tuckpointing, fresh exterior and interior paint, and fully renovated restrooms, enhancing both its functionality and aesthetic appeal. Positioned in a prime location with easy access to major transportation routes, this property benefits from a high-traffic area and strong regional demographics, making it highly attractive for continued commercial success. With its robust tenant base, strategic location, and recent capital improvements, this property represents an outstanding opportunity for investors seeking long-term value and growth potential.

Listing Status:
Active
Listing Office:
Baird & Warner : 708-699-9237
Listing Agent:
Majji Bhatti : 708-699-9237
MLS ID:
12275205
  • A/C: Office Only

This listing courtesy of Majji Bhatti, Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Conrad Fischer Elementary School

888 N Wilson St, Elmhurst, IL, 60126

Grades KG-5

1.22 miles away

C

Churchville Middle School

155 E Victory Pkwy, Elmhurst, IL, 60126

Grades 6-8

1.02 miles away

Y

York Community High School

355 W Saint Charles Rd, Elmhurst, IL, 60126

Grades 9-12

2.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.