8824 Cherry Avenue, River Grove, IL 60171

Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
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8824 Cherry Avenue,River Grove, IL 60171
$699,000
  • 8 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:rose toma
Office:@properties christie's international real estate
MLS#:12411670
Source:MLSNI

Price summary

  • Price:$699,000

About this home

Welcome to 8824 Cherry - A Turnkey Investment Opportunity! Attention investors and potentially owner-occupants! This legal 3-unit building is a proven income generator with long-term tenants in place. Fully rented and well-maintained, with room to increase rental amounts. Garden unit was previous owners unit, condo-quality renovated, radiant heated floors, spacious 2 bed 1 bath's rented at $1550 including the newer oversized garage spot and private dedicated w/d right outside door. Middle floor was completely remodeld w/ beautiful finishes. 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. $4970 total gross income but can be much higher. All leases expire 4.30.2026. Coin laundry in basement. Good condition and well maintained. Make your offer now!

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Home facts

  • Year built:1965
  • Listing Id #:12411670
  • Added:34 day(s) ago
  • Updated:August 13, 2025 at 10:47 AM

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:$699,000
  • Tax amount:$14,228 (2023)
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