Elmhurst, IL 60126 524-530 W Grand Avenue
$3,200,000



12 more













Presented By: SB Real Estate Group, PLLC
Home Details
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.
Presented By: SB Real Estate Group, PLLC
General for 524-530 W Grand Avenue
Additional Parcels Y/NNo
Cap Rate7
CityElmhurst
Construction MaterialsBrick, Steel Siding
CoolingOffice Only
CountyDuPage
Current UseCommercial, Automotive
DirectionsComing 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
ElectricService - 101 to 200 Amps
Electric Expense2000
Fuel Expense
Gross Income246227
Insurance Expense3000
Leasable Area4000
Lease TypeModified Gross
Lot Size Square Feet71003
MLS AreaElmhurst
ModificationTimestamp2025-09-04T02:39:01.713Z
Net Operating Income209568
Number Of Units Total4
Operating Expense35782
PossessionClosing
Property SubtypeBusiness
Property TypeCommercial Sale
Property TypeRetail/Stores
RoofRubber
Standard StatusActive
StatusNew
Stories Count0
Tax Annual Amount29988
Tax Year2024
TownshipAddison
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Water Available
Water Sewer Expense0
Year Built1999
ZoningCOMMR
Exterior for 524-530 W Grand Avenue
Building Area Total9976
Foundation DetailsConcrete Perimeter
Frontage TypeCounty Road
Lot Dimensions1.63
Additional Details
Price History
