524-530 W Grand Avenue — Elmhurst, IL 60126
Active
▼ $150,000
Elmhurst, IL 60126

524-530 W Grand Avenue

$3,050,000
0 beds · 0 baths
$150,000 below original 84 days on market $29,988/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$3,050,000
List price
Square feet
Bedrooms
Bathrooms
1999
Year built
Lot size
Garage spaces
$29,988
Annual taxes
Retail/Stores
Style
84
Days on market
04Features
Cooling
Office Only
Construction
BrickSteel Siding
05Neighborhood
  • Dairy Queen 0.5 mi
  • McDonald's 0.9 mi
  • Taco Bell 1.0 mi
  • Subway 1.1 mi
  • Sunrise Brunch 1.1 mi
  • Speedway 0.7 mi
  • Mobil Mart 1.0 mi
  • 7-Eleven 1.0 mi
  • BP Shop 1.0 mi
  • Mariano's Fresh Market 1.1 mi
  • Jewel-Osco 1.1 mi
  • Oak Knoll Park 0.8 mi
  • Berens Park 0.9 mi
  • Louis Reservoir 1.2 mi
  • Conrad Fisher Park 1.2 mi
  • Cherokee Park 1.3 mi
  • Community Park 1.4 mi
  • Dunkin' 1.5 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Mar 24, 2026
Price reducedThis listing
SB Real Estate Group, PLLC
$3,050,000
−$150,000
Feb 2, 2026
Listed for saleThis listing
SB Real Estate Group, PLLC
$3,200,000
Oct 9, 2024
Sold
Keller Williams North Shore West · 24 days on market
$275,000
Sourced from MRED. Older events appear here as our history backfill completes.
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09Similar homes
Listed by SB Real Estate Group, PLLC · Scott Birkeland · 708-439-8378
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12559057
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