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Property Description
PACKAGE SALE ONLY - Rare Grand Avenue Assemblage Opportunity! Prime C3 Heavy Commercial portfolio consisting of three contiguous separately deeded parcels totaling approximately 18,500 SF with nearly 150 feet of frontage along Grand Ave in River Grove. Portfolio includes 8044, 8050, and 8056 Grand Ave and features two improved commercial properties plus one vacant parcel with private parking and rear alley access. Current uses include a mix of retail, office, general commercial, mixed-use, and residential tenants with a combination of long-term and newer tenants in place. Excellent visibility, strong traffic exposure, and flexible zoning allow for a wide variety of commercial, automotive, retail, service, redevelopment, or owner-user opportunities. Ideal assemblage for investors, developers, or businesses seeking long-term upside in a high-demand commercial corridor. Conveniently located near Metra, major transportation routes, O'Hare access, and surrounding residential density. Properties are being offered strictly as a package sale only and will not be sold separately. Contact listing broker for Offering Memorandum, aerials, survey information, and additional details.
Full Property Details
Full Property Details for 8050 Grand Ave
General
- Price: $799,000
- Taxes: $2,201 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12650422
- Updated: 5/18/2026
- Added to Site: 1 day(s) ago
Additional Information
- Other Features: Commuter Train, Interstate Access
Parking
- Parking Features: Off-Alley
Location
- Area: River Grove
- County: Cook
- Township: Leyden
- Driving Directions: From 1st Avenue head East on Grand Avenue, properties are on the North Side of the 8000 Block between Davisson Street and N Haymond Street
- Location Details: Mixed-Use Area, In City Limits
School Information
- School District: 85.5
- Elem School District: 85.5
- Midd School District: 85.5
- High School District: 212
- Elementary School: River Grove Elementary School
- Middle School: River Grove Elementary School
- High School: East Leyden High School
- Private School: East Leyden High School
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby
Structural Information
- Square Feet: 0.14
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Acres): 0.14
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 125
- Frontage: None
- Frontage Feet: 50'
- Street/Road Desc.: Other
- Zoning: COMMR
Financial Considerations
- Tax Amount: $2,201.72
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 12264070120000
Listed by Vitell Realty
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Schools
Schools serving 8050 Grand Ave
School Districts:River Grove School District 85-5, Leyden Community High School District 212
| Name | Grades | Distance |
|---|---|---|
River Grove Elementary School 2650 North Thatcher Avenue, River Grove, IL 60171 | PK-8 | 0.5 mi |
East Leyden High School 3400 Rose Street, Franklin Park, IL 60131 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8050 Grand Ave
Date
Details
Price
Change
Source
5/18/2026
Listed
$799,000
—
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 8050 Grand Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,085
2%
$6,448
—
2022
$2,044
18%
$6,448
40%
2021
$1,733
5%
$4,610
—
2020
$1,647
14%
$4,610
—
2019
$1,445
-76%
$4,610
-74%
2018
$6,123
1%
$17,653
—
2017
$6,050
13%
$17,653
—
2016
$5,358
-2%
$17,653
5%
2015
$5,463
1%
$16,887
—
2014
$5,412
4%
$16,887
—
2013
$5,193
14%
$16,887
—
2012
$4,562
—
$16,887
—
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 8050 Grand Ave
8050 Grand Avenue, River Grove, IL 60171 (MLS# 12650422) is a Lots/Land property with a lot size of 0.14 acres. 8050 Grand Avenue is currently listed for $799,000 and was received on May 18, 2026. Want to learn more about 8050 Grand Avenue? Do you have questions about finding other Lots/Land real estate for sale in River Grove? You can browse all River Grove real estate or contact a Coldwell Banker agent to request more information.

