IL
Cook
River Grove
60171
8824 Cherry Avenue
8824 Cherry Avenue, River Grove, IL 60171
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Listing Type
Multi Family
Listing Status
Active
60
$680,000

Home Details for 8824 Cherry Avenue

Price
$680,000
Type
Residential Income
Bedrooms
8
Bathrooms
5.0
Square feet
NaN
Year built
1965
County
Cook
Total rooms
14
Garage
1
Basement
Finished, Full
Days on site
0
MLS Listing#
12580377
Property Description

THIS WILL BE RE-LISTED SPRING 2026. STAY TUNED. 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 cap rate is 7.1%!! Make your offer now!

Property Features
  • Parking
    • Garage Door Opener
    • Detached
    • Assigned
    • Off Street
    • Driveway
    • Additional Parking
    • Direct Access
    • Storage
    • Garage
  • Basement
    • Finished
    • Full
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
School Information
School Information for 8824 Cherry Avenue, River Grove, IL 60171
Elementary School
River Grove Elementary School
Middle School
River Grove Elementary School
High School
East Leyden High School
Listing Courtesy: @properties Christie's International Real Estate - 773-432-0200
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-03-01 18:20:51. 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.
Last Updated: 2026-03-01 18:20:51
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EXIT GRACE REALTY
2945 N. Milwaukee Ave. Ste B, Chicago, IL 60618
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