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$3,150,000 -$50,000 (-1.56%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 9,976 Sq. Ft.
  • Updated 2 days ago
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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.

Full Property Details for 524-530 W Grand Ave

General

  • Price: $3,150,000
  • Taxes: $29,988 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12559057
  • Updated: 2/4/2026
  • Added to Site: 6 day(s) ago

Additional Information

  • Security/Safety: Sprinklers

Location

  • Area: Elmhurst
  • County: DuPage
  • Township: Addison
  • Driving Directions: Coming from I-290 (Eisenhower Expressway): Take Exit 15 for North Ave (IL-64). Head west on North Ave (IL-64 W) toward Elmhurst. After about 2 miles, turn left onto York St. Continue south on York St for about 1 mile. Turn right onto W Grand Ave. 530 W Grand Ave will be on your left after a short distance.
  • Location Details: Mixed-Use Area

Heating & Cooling

  • Cooling Type: Office Only
  • Heating Type: Ceiling Units, Central Heat/Individual Controls

Utilities

  • Onsite: Electricity to Site, Natural Gas Available, Water Available

Structural Information

  • Construction: Brick, Steel Siding
  • Exterior Const.: Brick, Steel Siding
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Ceiling Height: 16
  • Drive-In Doors: 20
  • Stories/Levels: 0
  • Square Feet: 9,976
  • Current Bldg. Use: Commercial, Automotive
  • Year Built: 1999

Unit Information

  • # Tenants: 4

Lot Features

  • Lot Size (Sq. Ft.): 71,003
  • Lot Dimensions: 1.63
  • Frontage: County Road
  • Drainage: Floor Drains, Storm Sewers
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Insurance Fee: $3,000
  • Operating Expenses: $35,782
  • Other Fee: $3,000
  • Security Deposit: Sprinklers
  • Assessment Year: 1999
  • Tax Amount: $29,988
  • Tax Year: 2024
  • Tenant Pays: All Utilities
  • Pays Electric: 2000

Disclosures and Reports

  • Property ID: 326104011

Listed by SB Real Estate Group, PLLC

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— 524-530 W Grand Ave —

  • SB Real Estate Group, PLLC

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Price & Sales History for 524-530 W Grand Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2026
Price Reduced
$3,150,000
-1.56%
MLS
2/01/2026
Listed
$3,200,000
82.86%
MLS
11/27/2002
Sold
$1,750,000
—
Public Record
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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 for 524-530 W Grand Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$29,988
8%
$489,673
9%
2023
$27,782
7%
$450,150
7%
2022
$25,867
4%
$422,280
4%
2021
$24,809
6%
$404,480
4%
2020
$23,388
1%
$387,430
4%
2019
$23,193
5%
$372,530
5%
2018
$22,115
2%
$353,110
5%
2017
$21,735
4%
$337,480
8%
2016
$20,913
2%
$311,590
8%
2015
$20,600
-6%
$287,840
2%
2014
$21,971
1%
$282,190
-2%
2013
$21,849
3%
$287,940
-6%
2012
$21,308
—
$307,470
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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524-530 W Grand Avenue, Elmhurst, IL 60126 (MLS# 12559057) is a Commercial property. 524-530 W Grand Avenue is currently listed for $3,150,000 and was received on February 01, 2026. Want to learn more about 524-530 W Grand Avenue? Do you have questions about finding other Commercial real estate for sale in Elmhurst? You can browse all Elmhurst real estate or contact a Coldwell Banker agent to request more information.

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