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$625,000 Just Listed
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Property Description
For Sale Great Masonry Commercial Retail Spaces On Grand Ave. Currently built out as two high end retail hair care salons, The Units have a very High end modern buildout, No disappointments. Full hair care buildout, Reception waiting Area, Hair Stations, Pedicure chairs, nail stations, Facial beds, Shampoo sinks, Massage rooms, Laundry room with Washer and Dryer Full bath with Waterfall shower, 3 Bathrooms. Very Well maintained. High security entrance doors, and cameras. Zoning is C1-2. Owner is retiring, The two spaces are approx. 1,270 SQ FT Each - 2,540 Sq Ft together 50 FT of Frontage along Grand Ave . The property has plenty of parking in front and also features close neighborhood parking. 19,000 Cars pass this location a day (VPD) on Grand Ave, The building utilizes 200 + amp electric system This property presents the unique opportunity to acquire retail space in the Montclare Neighborhood, Ideal for a variety of commercial uses: Perfect for new owners for Retail, Office, Professional use, law firm, insurance, technology, financial trading, Real Estate, accounting office or keep as a high end hair salon Operation Do not contact Owner. Please call the listing broker for all showings. Pin number - 13303240391009
Full Property Details
Full Property Details for 7162 W Grand Ave #1EW
General
- Price: $625,000
- Taxes: $12,205 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12576637
- Updated: 2/25/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Private Restroom(s), Storage Inside, Laundry Room
- Flooring: Slate, Tile, Varies
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: CHI - Montclare
- County: Cook
- Driving Directions: East of GRAND & HARLEM
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available, Fiber
Structural Information
- Construction: Brick, Concrete, Block, Stone
- Exterior Const.: Brick, Concrete, Block, Stone
- Foundation: Concrete Perimeter
- Ceiling Height: 14
- Sub-Flooring: Slate, Tile, Varies
- Stories/Levels: 1
- Square Feet: 2,450
- Current Bldg. Use: Commercial
- Year Built: 2006
Lot Features
- Lot Size (Sq. Ft.): 6,125
- Lot Dimensions: COMMON
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 2006
- Tax Amount: $12,205
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Tax Bill
- Property ID: 13303240391009
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Schools
Schools serving 7162 W Grand Ave #1EW
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Locke J Elementary School 2828 North Oak Park Avenue, Chicago, IL 60634 | PK-8 | 0.7 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7162 W Grand Ave #1EW
Date
Details
Price
Change
Source
2/25/2026
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7162 W Grand Ave #1EW
Year
Property Taxes
Change
Tax Assessment
Change
2023
$18,767
3%
$88,946
—
2022
$18,295
2%
$88,946
—
2021
$17,886
7%
$88,946
19%
2020
$16,708
-1%
$75,000
-10%
2019
$16,800
2%
$83,618
—
2018
$16,517
-7%
$83,618
2%
2017
$17,723
7%
$82,330
—
2016
$16,490
9%
$82,330
—
2015
$15,087
-1%
$82,330
—
2014
$15,275
2%
$82,330
—
2013
$14,974
1%
$82,330
—
2012
$14,774
—
$82,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7162 W Grand Ave #1EW
7162 W Grand Avenue #1EW, Chicago, IL 60707 (MLS# 12576637) is a Commercial property. 7162 W Grand Avenue #1EW is currently listed for $625,000 and was received on February 25, 2026. Want to learn more about 7162 W Grand Avenue #1EW? Do you have questions about finding other Commercial real estate for sale in Montclare? You can browse all Montclare real estate or contact a Coldwell Banker agent to request more information.

