1908 N 5th Ave
River Grove, IL 60171
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
1983
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.26 AC
Parking
25 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
77’ on 5th Ave
ABOUT 1908 N 5TH AVE , RIVER GROVE, IL 60171
This 1.26+ acre corner lot is prime for redevelopment. Located next to Triton College with 150 feet of frontage on busy 5th Ave., this is an opportunity not to be missed. Over 55,000 sq/ft ready to be brought to life. Endless opportunities from restaurant to strip mall to student housing and more. If you’re looking for a value-add investment property, this is the one! Phase 1 Environmental done this year. Strong existing cash flow. Projected CAP of up to 20%. Actual approx 13%
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $37,252 | |
| Land Assessment | $135,499 | Total Assessment | $172,751 |
