


524-530 W Grand AvenueElmhurst, IL 60126
Commercial · 9,976 Sq. ft.524-530 W Grand Avenue Overview
- Time on Site:
- 148 days
- Visits:
- 11
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.
524-530 W Grand Avenue Facts & Features
- Type Commercial
- Sq. ft. 9,976
- Price/Sq.ft. $306
Details
General
Association/HOA
- Association Fee Frequency: Not Applicable
Income/Expenses
- Other Expense: 3000
- Electric Expense: 2000
- Existing Lease Type: Modified Gross
- Fuel Expense: 0
- Gross Income: 246227
- Insurance Expense: 3000
- Net Operating Income: 209568
- Operating Expense: 35782
- Trash Expense: 0
- Water Sewer Expense: 0
Building Information
- Year Built: 1999
Business Information
- Current Use: Commercial,Automotive
Location/Region
- County Or Parish: DuPage
- MLS Area Major: Elmhurst
- Township: Addison
Rent/Lease Information
- Tenant Pays: All Utilities
Tax Information
- Tax Annual Amount: $29,988.00
- Tax Year: 2024
General Information
- Parcel Number: 0326104011
- Property Sub Type: Business
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 9976
General Information
- Cooling: Office Only
- Electric: Service - 101 to 200 Amps
- Foundation Details: Concrete Perimeter
- Leasable Area: 4000
- Stories: 0
Unit Information
- Unit SqFt.: 9976
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: County Road
- Lot Size Dimensions: 1.63
- Lot Size Square Feet: 71003
Building Exterior/Construction
- Construction Materials: Brick, Steel Siding
- Roof: Rubber
General Information
- Number Of Units Total: 4
- Utilities: Electric to Site,Natural Gas Available,Water Available
524-530 W Grand Avenue Neighborhood
Community
60126 (ELMHURST) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.524-530 W Grand Avenue Monthly Cost
524-530 W Grand Avenue Market Data
Based on the last 30 days in this zip code
524-530 W Grand Avenue History
| Date | Value | Agent |
|---|---|---|
| 3/23/2026Source: MRED | Active |
|
| 3/18/2026Source: MRED | $3,050,000 -3.2% |
|
| 3/18/2026Source: MRED | Price Change |
|
| 2/9/2026Source: MRED | Active |
|
| 2/4/2026Source: MRED | $3,150,000 -1.6% |
|
| 2/4/2026Source: MRED | Price Change |
|
| 2/1/2026Source: MRED | February 01, 2026 |























