NOT LISTED FOR SALE

8631 Grand Ave River Grove, IL 60171

Estimated Value: $231,954 - $288,000

0.25 Acre
$1,061,131 Price per Acre
10,672 Sq Ft Lot

Last Sold June 20, 2023

Last sale price $220,000

Est. 18% increase in value since last sale

Current estimated payment $1,711/month

82 Days on Market

About This Lot

As of June 2023

CALLING ALL DEVELOPERS LOOKING FOR A SHOVEL-READY SPRING PROJECT. THIS PRIME GRAND AVENUE LOT IN RIVER GROVE IS READY FOR A 3 TO 6 UNIT APARTMENT OR CONDO BUILDING. MULTI-FAMILY ZONING ALREADY IN-PLACE AND TOWN IS OPEN TO THE IDEA. STEPS FROM THE FAMED RIVER FRONT PARK, THESE UNITS WILL BE VERY DESIREABLE WHEN BUILT. SOLD AS-IS WITH SURVEY AND PHASE 2 ALREADY AVAILABLE. CALL TODAY FOR A QUICK SALE AND CLOSING.

Last Listed By

Jon Zivojnovic

River Elm Properties License #471002646 Listed on: 02/28/2023

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 84x125
  • Property fronts a state road
  • Property is zoned MULTI

Schools

  • River Grove Elementary School
  • East Leyden High School

Additional Features

  • Property is near a forest
  • Gas Available at Street

Community Details

Amenities

  • No Laundry Facilities

Recreation

  • Electricity Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Multi-Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Multi-Family
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 84
  • Frontage Type: City Street, State Road
  • List Price: 199900
  • Waterfront: No
  • Rail Availability: None

Garage/Parking

  • Number of Cars: 0

Utilities

  • Laundry Features: None
  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water-Municipal, Water Nearby

Schools

  • Elementary School: River Grove Elementary School
  • High School: East Leyden High School
  • Middle/Junior School: River Grove Elementary School
  • Middle/Junior School District: 85.5

Lot Info

  • Lot Dimensions: 84X125
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 10656
  • Total Listed Lots Avail: 1

Rental Info

  • Board Number: 16

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Year: 2021
  • Tax Exemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Jun 14, 2023
Sold by
Board Of Library
Bought by
Elmpark Dev Inc
Seller's Agent
Jon Zivojnovic
River Elm Properties
Buyer's Agent
Karen Biazar
North Clybourn Group, Inc.
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%
Total Days on Market
82
Views
35
Current Estimated Value
$259,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,977
Avg. Annual Appreciation
9.50%

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elmpark Dev Inc $220,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmpark Dev Inc $1,390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $220,000 +10.1% --
05/22/2023 05/22/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $199,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $10,897 $10,897 --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Zivojnovic

    Seller's Agent in 2023

    Jon Zivojnovic

    River Elm Properties

    (708) 456-9200

    11 in this area

    87 Total Sales

    Jon Zivojnovic
    Section Image
  • Karen Biazar

    Buyer's Agent in 2023

    Karen Biazar

    North Clybourn Group, Inc.

    (773) 645-7900

    6 in this area

    809 Total Sales

    Karen Biazar
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11727316

Midwest Real Estate Data (MRED)

APN: 12-26-307-034-0000

Illinois Cook County River Grove 60171

8631 Grand Ave, River Grove, IL

Homes for Sale in River Grove, IL

This home is located at 8631 Grand Ave, River Grove, IL 60171 since 28 February 2023 and is currently estimated at $259,977. 8631 Grand Ave is a home located in Cook County with nearby schools including River Grove School and St. Francis Borgia School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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. Some IDX listings have been excluded from this website.

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