The Grove on Grand | 8465-8471 W Grand Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
The Grove on Grand 8465-8471 W Grand Ave
48 Unit Apartment Building $12,500,000 ($260,417/Unit) 6.32% Cap Rate River Grove, IL 60171
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$789,865
|
$9.45
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $789,865 |
| Annual Per SF | $9.45 |
Property Facts
| Price | $12,500,000 | Building Class | B |
| Price Per Unit | $260,417 | Lot Size | 1.28 AC |
| Sale Type | Investment | Building Size | 83,624 SF |
| Cap Rate | 6.32% | Average Occupancy | 96% |
| No. Units | 48 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment |
| Price | $12,500,000 |
| Price Per Unit | $260,417 |
| Sale Type | Investment |
| Cap Rate | 6.32% |
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 1.28 AC |
| Building Size | 83,624 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 2021 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 48 | - | 942 - 948 |
1 of 1
PROPERTY TAXES
| Parcel Number | 12-26-309-063-0000 | Improvements Assessment | $614,571 (2024) |
| Land Assessment | $96,353 (2024) | Total Assessment | $710,924 (2024) |
PROPERTY TAXES
Parcel Number
12-26-309-063-0000
Land Assessment
$96,353 (2024)
Improvements Assessment
$614,571 (2024)
Total Assessment
$710,924 (2024)
-
Ryan Engle -
Marcus & Millichap
1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
The Grove on Grand | 8465-8471 W Grand Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.