9620 Grand Avenue
Excellent opportunity to acquire an amazing 8.0% cap rate 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. Possibility of seller financing
- Serna's Grill - Monster Gyros 200 ft
- Culver's 500 ft
- Taco Bell 600 ft
- Burger King 0.7 mi
- Blondie's Diner 0.9 mi
- Domino's 0.9 mi
- Shell 150 ft
- Mobil Mart 650 ft
- Jewel-Osco 0.8 mi
- Bill's Convenient Foods 0.9 mi
- Rio Valley Market 0.9 mi
- BP Shop 1.0 mi
- Mannheim Park 0.4 mi
- Birch Park 0.5 mi
- Willow Park 0.5 mi
- Timber Park 0.6 mi
- Chestnut Park 0.6 mi
- Latoria Park 0.7 mi
- Dunkin' 0.7 mi
- Dunkin' 1.0 mi
- Starbucks 1.0 mi
- Starbucks 1.5 mi
- Dunkin' 1.5 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12644133