Active
524-530 W Grand Avenue
Elmhurst IL, 60126
$3,200,000
$320.77 per sqft
Active
9,976 sqft
Commercial
Built in 1999
Courtesy of Baird & Warner
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.
12152242
MLSⓇ ID
September 26, 2024
Listed
November 22, 2024
Updated
Map
524-530 W Grand Avenue
Elmhurst IL, 60126
Interior Features
Total Stories
0
Fireplace
No
Cooling
Yes
Cooling Description
Office Only
Heating
No
Exterior/Building Features
Lot Size
1.63 Acres
Roof
Rubber
Other Property Details
Area Name
Elmhurst
Taxes
$27,782
Tax Frequency
Annually
Days on Market
30
Garage
No
View
No
County
DuPage
Municipality
Addison
Pool
No
Zoning
COMMR
Listing History
Date | Event | Price |
|---|---|---|
10/17/2024 | Price change | $3,200,000 -4% |
Courtesy of Baird & Warner, Majji Bhatti,
Listing Contact: 708-699-9237
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Alexa Wagner are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 7:17 AM UTC, 11/22/2024
