Delmar Yoder
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
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.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1961
General Information
County: Cook
Listed By:
Aria Real Estate
877-495-1984
MRED MLS
MLS ID: 12644133
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9620 Grand Avenue , Franklin Park, IL 60131.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,350,000 | $1,350,000 | $1,350,000 |
| Down Payment | $47,250 | $0 | $270,000 |
| Monthly Mortgage Amount | $8,054 | $8,379 | $6,562 |
| Taxes | $1879 | $1879 | $1879 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $810 | $0 | $0 |
| Monthly Estimated Total | $11,137 | $10,652 | $8,835 |
Delmar Yoder
REALTOR®
Cell: (319) 430-2711
Licensed in IA
Iowa City Office
1075 Highway 1 West
Iowa City, IA 52246
(319) 351-7845
Iowa City, IA 52246
(319) 351-7845
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