9620 Grand Avenue Franklin Park, IL 60131
$1,350,000
New / MLS# 12644133 / Commercial - Business / Franklin Park
0
Beds
11875
SqFt
Excellent opportunity to acquire an amazing mixed-use investment property in the heart of Franklin Park. Located at 9620-9626 W Grand Ave, this stabilized asset features a strong income-producing unit mix consisting of 7 residential apartments and 3 commercial storefronts. The residential portion includes five 1-bedroom units and two 2-bedroom units, all fully occupied with consistent rental history. The commercial component is anchored by two solid tenants providing reliable in-place income and long-term stability. Property offers diversified cash flow with a balanced mix of residential and commercial revenue streams, making it attractive for both investors and 1031 exchange buyers. Well-positioned along Grand Avenue with strong visibility, convenient access to major transportation routes, O'Hare Airport, and surrounding retail amenities. The property benefits from steady tenant demand in a well-established rental corridor. Ideal opportunity for investors seeking a stabilized mixed-use asset with immediate cash flow and future upside potential through continued rent optimization and long-term appreciation.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Commercial - Business
Cooling: Central Air, Window Unit(s)
Lot Size: 0.58 Acres
Roof Type: Reflective Coating, Rubber
Stories: 2.0
Taxes: $26,362
Year Built: 1961
Feature Descriptions
Current Use: Commercial
Electric: Circuit Breakers, Fuses, Separate Meters, Service - 201 to 600 Amps
Exterior: Brick, Concrete, Block, Aluminum Siding
Fire Protection: Alarm Monitored, Fire Extinguisher/s, Smoke or Fire Protectors, Sprinklers, Carbon Monoxide Detector(s)
Flooring: Varies
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Bldg Heat, Radiators
Location: High Traffic Area
Lot Dimensions: .6 acres
Number of Tenant(s): 9
Parcel#: 12282330290000
Parking: 19-30 Spaces
Tenant Pays: Electricity
Units: 10
Utilities: Electric to Site, Natural Gas Available, Sewer Connected
Location
See details and scored characteristics about this location.
Listing Office: Aria Real Estate
Listing Office Phone: 877-495-1984
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.
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