Cook, US
Excellent opportunity to acquire an amazing 7.5% 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
Courtesy Of: Aria Real Estate
Feature Highlights
- Additional Parcels
- Built Before 1978
General Features
- List Date:
- 06/17/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- .6 acres
Financial
- Days On Market:
- 7
- Tax Annual Amount:
- $26,064.18
- Tax Year:
- 2025
Directions
Heading South on Rose Street, turn west on grand and you will find parking for the building immediately turning north on Gustav
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Data last updated: 2026-06-28.
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