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$3,200,000
58 Days On Site

524-530 W Grand Avenue
Elmhurst, IL 60126

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
9,976
SqFt
$321
/SqFt
1999
Built
County:
DuPage
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner

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524-530 W Grand Avenue524-530 W Grand Avenue524-530 W Grand Avenue524-530 W Grand Avenue
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Introducing a premier commercial property at 530 W Grand Ave, Elmhurst, IL, offering an exceptional investment opportunity in one of Chicago's most desirable suburbs. This Approx 10,000 sq. ft. building is situated on a 1.63-acre lot with Grand Ave frontage of 290 feet. The property is equipped with 20 spacious service bays featuring 12-foot clearance, making it ideal for a range of automotive services and related businesses. Currently, the property houses four well-established tenants, including a car dealership, tire shop, mechanic shop, and detailing center, two of which are multinational brands, ensuring steady, long-term rental income. The facility has undergone comprehensive upgrades in 2024, including a new roof, professional tuckpointing, fresh exterior and interior paint, and fully renovated restrooms, enhancing both its functionality and aesthetic appeal. Positioned in a prime location with easy access to major transportation routes, this property benefits from a high-traffic area and strong regional demographics, making it highly attractive for continued commercial success. With its robust tenant base, strategic location, and recent capital improvements, this property represents an outstanding opportunity for investors seeking long-term value and growth potential.

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Listing Snapshot
Price 
$3,200,000
Days On Site 
58 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,976 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1999
MLS® Number 
12152242
Status 
Active
Property Tax 
$27,782
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
4 weeks agoStatus changed to Active
a month agoPrice changed to $3,200,000
2 months agoListing first seen on site
General Features
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Property Sub Type 
Retail
SqFt Total 
9976
Zoning 
COMMR
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Exterior Features
Construction Details 
BrickSteel Siding
Roof 
Rubber
Community Features
MLS Area 
Elmhurst
Township 
Addison
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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.
Data last updated: 2024-10-30 12:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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