Erik the Realtor
George & Associates Realty
Your Trusted Partner in Real Estate. Contact me at 773-644-1474 for all your property needs.
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 12559057
- Year Built:
- 1999
- Photos (17)
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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.
- 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.
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- Min Available Area Sq Ft (Renatable):
- 1500
- Gross Rentable Area:
- 9976
- Net Rentable Area:
- 9976
- Property Type:
- Commercial Sale
- Property Sub Type:
- Business
- Construction Materials:
- Brick, Steel Siding
- Year built:
- 1999
- Building Area - Total:
- 9,976 sq. ft.
- Leasable Area:
- 4,000 sq. ft.
- Lot Dimensions:
- 1.63
- Land Location:
- Mixed Use Area
- Outdoor Parking:
- Over 100 Spaces
- Bathrooms:
- - (Full:-/Half:-)
- Air Conditioning:
- Office Only
- Heat / Ventialtion:
- Ceiling Units, Central Heat/Indiv Controls
- Fire Protection:
- Sprinklers
- Utilities:
- Electric to Site, Natural Gas Available, Water Available
- Ceiling Height:
- 16
- Foundation:
- Concrete Perimeter
- Roof:
- Rubber
- Roof Structure:
- Flat
- Water Drainage:
- Floor Drains, Storm Sewers
- Electricity:
- Service - 101 to 200 Amps
- # Of Drive In Doors:
- 20
- # Of Docks:
- 0
- # Of Tenants:
- 4
- DuPage
- Addison
- County Road
- None
- All Utilities
- Investment:
- Yes
- Possession:
- Closing
- Tax amount:
- 29988
- Tax year:
- 2024
- Association Fee Frequency:
- Not Applicable
- Electricity Expense:
- 2000
- Electricity Expense Source:
- Owner Projection
- Fuel Expense:
- 0
- Insurance Expense:
- 3000
- Insurance Expense Source:
- Owner Projection
- Other Expense Source:
- Owner Projection
- Other Expense:
- 3000
- Scavenger Expense:
- 0
- Water Expense:
- 0
- Total Annual Expense Source:
- Owner Projection
- Cap Rate:
- 7
- Total Operating Expenses:
- 35782
- Gross Income:
- $246,227
- Net Operating Income:
- $209,568
- Total Monthly Income:
- 20519
- Special Assessments:
- No
- Parcel Number:
- 0326104011
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Listed by SB Real Estate Group, PLLC
Data was last updated February 8, 2026 at 04:00 AM (UTC)
- ERIK GEORGE
- GEORGE & ASSOCIATES REALTY
- 1 (773) 6441474
- erik@yourrealtyreality.com
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of February 8, 2026 at 04:00 AM (UTC). 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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Direct: 773-644-1474
erik@yourrealtyreality.com
Virtual Office
Concord Street
Elmhurst, IL, 60126
