9620 Grand AVE, Franklin Park, IL 60131
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9620 Grand AVE, Franklin Park, IL 60131
9620 Grand AVE, Franklin Park, IL 60131
9620 Grand AVE, Franklin Park, IL 60131
9620 Grand AVE, Franklin Park, IL 60131
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9620 Grand AVE Franklin Park, IL 60131

11,875 SqFt


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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 11,875 sqft

Price per Sqft $113

MLS Listing ID 12644133

Year Built 1961

Annual Tax Amount $26,362

Tax Year 2025

Lot Dimensions .6 acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State IL

County Cook

Area Franklin Park

Zoning OTHER

Interior

Cooling Central Air, Window Unit(s)

Flooring Varies

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Sewer Connected

Roof Type Reflective Coating,Rubber

Building

Dwelling Type Mixed Use

Water Municipal Water

Structure Type Brick,Concrete,Block,Aluminum Siding


Midwest Real Estate Data (MRED) IDX
Listed by Jacob Blieden of  Aria Real Estate 

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Sara Latta-Young
Sara Latta-Young

Designated Managing Broker

+1(815) 685-5090 | saralattayoung@gmail.com

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9620 Grand AVE