17
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$3,200,000
Est. payment /mo
9,976 SqFt
New
524-530 W Grand AVE Elmhurst, IL 60126
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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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Scott Birkeland • SB Real Estate Group, PLLC
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