Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12576637MLS Provider

7162 W GRAND Avenue #1EWChicago, IL 60707

Commercial · 2,450 Sq. ft.
$625,000 Active

7162 W GRAND Avenue #1EW Overview

Time on Site:
124 days
Visits:
1

For Sale Great Masonry Commercial Retail Spaces On Grand Ave. Currently built out as two high end retail hair care salons, The Units have a very High end modern buildout, No disappointments. Full hair care buildout, Reception waiting Area, Hair Stations, Pedicure chairs, nail stations, Facial beds, Shampoo sinks, Massage rooms, Laundry room with Washer and Dryer Full bath with Waterfall shower, 3 Bathrooms. Very Well maintained. High security entrance doors, and cameras. Zoning is C1-2. Owner is retiring, The two spaces are approx. 1,270 SQ FT Each - 2,540 Sq Ft together 50 FT of Frontage along Grand Ave . The property has plenty of parking in front and also features close neighborhood parking. 19,000 Cars pass this location a day (VPD) on Grand Ave, The building utilizes 200 + amp electric system This property presents the unique opportunity to acquire retail space in the Montclare Neighborhood, Ideal for a variety of commercial uses: Perfect for new owners for Retail, Office, Professional use, law firm, insurance, technology, financial trading, Real Estate, accounting office or keep as a high end hair salon Operation Do not contact Owner. Please call the listing broker for all showings. Pin number - 13303240391009

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7162 W GRAND Avenue #1EW Facts & Features

  • Type Commercial
  • Sq. ft. 2,450
  • Price/Sq.ft. $255

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0

Building Information

  • Year Built: 2006

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Montclare

Tax Information

  • Tax Annual Amount: $12,205.00
  • Tax Year: 2024

General Information

  • Parcel Number: 13303240391009
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 2450

General Information

  • Cooling: Central Air
  • Electric: Service - 201 to 600 Amps
  • Flooring: Slate, Tile, Varies
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 0
  • Stories: 1

Unit Information

  • Unit SqFt.: 3000
  • Unit Number: 1EW

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: COMMON
  • Lot Size Square Feet: 6125
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Concrete, Block, Stone

General Information

  • Number Of Units Total: 2
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available,Fiber

7162 W GRAND Avenue #1EW Neighborhood

Community

60707 (Chicago) Demographics

40
Median Age
11,762
Population Density (per sq. mile)
36%
College Educated
$64,790
Estimated Median Income
9,831
Estimated Total Home Owners
5,659
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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.

7162 W GRAND Avenue #1EW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7162 W GRAND Avenue #1EW Market Data

Based on the last 30 days in this zip code

$354,252
Average List Price
$247
Average Price per Square Foot
30
Properties Sold
50
Average Days on Market
110
Properties for Sale
Calculations provided by Reliance Network

7162 W GRAND Avenue #1EW History

Date Event Value Agent
3/2/2026Source: MRED Status Change
Active
2/25/2026Source: MRED Added to Database
February 25, 2026