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  • Price cut: $6K (7/31)
    $699,000

    8824 Cherry Ave, River Grove, IL 60171

    8beds
    --sqft
    : 
    Multi Family
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Radiant heated floorsBeautiful finishesNewer oversized garage spotLarge front side drivewayCoin laundry in basement
    Welcome to 8824 Cherry - A Turnkey Investment Opportunity! Attention investors and potentially owner-occupants! This legal 3-unit building is a proven income generator with long-term tenants in place. Fully rented and well-maintained, with room to increase rental amounts. Garden unit was previous owners unit, condo-quality renovated, radiant heated floors, spacious 2 bed 1 bath's rented at $1550 including the newer oversized garage spot and private dedicated w/d right outside door. Middle floor was completely remodeld w/ beautiful finishes. 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. $4970 total gross income but can be much higher. All leases expire 4.30.2026. Coin laundry in basement. Good condition and well maintained. Make your offer now!
    35 days
    on Zillow
    |
    617
    |
    43
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 06, 2025 at 01:03pm

    Listing courtesy of:

    Rose Toma 312-282-9616,

    @properties Christie's International Real Estate

    Source: MRED as distributed by MLS GRID,MLS#: 12411670MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 8824 Cherry Ave.

    Next available tour time:Monday at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Natural Gas
    Appliances
    • Included: Gas Water Heater
    Features
    • Basement: Finished,Full
    Video & virtual tour

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage Door Opener, On Site, Garage Owned, Detached, Assigned, Off Street, Side Apron, Driveway, Additional Parking, Direct Access, Garage Faces Side, Storage, Owned, Garage
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,706 Square Feet
    Details
    • Parcel number: 12272210670000
    • Zoning: MULTI
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1965
    • Major remodel year: 2020
    Details
    • Builder model: 3 UNIT PROPERTY

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Lights, Street Paved
    Location
    • Region: River Grove

    Financial & listing details

    • Tax assessed value: $439,990
    • Annual tax amount: $14,228
    • Date on market: 7/11/2025
    • Ownership: Fee Simple
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