Elmhurst, IL 60126,524-530 W Grand AVE
Elmhurst, IL 60126,524-530 W Grand AVE
Elmhurst, IL 60126,524-530 W Grand AVE
Elmhurst, IL 60126,524-530 W Grand AVE
Elmhurst, IL 60126,524-530 W Grand AVE
Elmhurst, IL 60126,524-530 W Grand AVE
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$ 3,200,000
Est. payment | /mo

9,976 SqFt


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$ 3,200,000
Est. payment | /mo
Save

9,976 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 9,976 sqft

Price per Sqft $320

MLS Listing ID 12462850

Year Built 1999

Annual Tax Amount $29,988

Tax Year 2024

Lot Dimensions 1.63

Property Sub-Type Retail/Stores

Property Description

Presenting a premier commercial asset located at 530 W Grand Ave in Elmhurst, one of Chicago's most sought-after suburbs. This approximately 10,000 sq. ft. facility sits on a generous 1.63-acre lot with 290 feet of frontage along Grand Avenue, offering exceptional visibility and accessibility. Designed to support a wide range of automotive and service-related operations, the property features 20 expansive service bays with 12-foot clearance. It is currently leased to four established tenants-including a car dealership, tire shop, mechanic, and detailing center-two of which are multinational brands. This solid tenant mix provides reliable, long-term rental income. Significant capital improvements were completed in 2024, including a new roof, professional tuckpointing, interior and exterior painting, and fully renovated restrooms, all of which enhance both functionality and curb appeal. Strategically positioned in a high-traffic corridor with convenient access to major transportation routes, the property benefits from strong regional demographics and sustained commercial demand. With its prime location, recent upgrades, and stable income stream, this property offers a compelling opportunity for investors seeking long-term value and growth.

Location

State IL

County Dupage

Area Elmhurst

Zoning COMMR

Interior

Cooling Office Only

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Roof Type Rubber

Building

Dwelling Type Retail/Stores

Structure Type Brick,Steel Siding

Midwest Real Estate Data (MRED) IDX
Listed by Scott Birkeland • SB Real Estate Group, PLLC
Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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524-530 W Grand AVE