BARCELONA, Spain — James “Jimmy” Gracey, a college student from the Chicago area who was found dead after going missing while in Barcelona on a break, was likely the victim of an accident, Spanish regional police said Friday.

Gracey’s body was found Thursday afternoon in the waters off a beach, near where he was last seen outside a Barcelona nightclub with his friends in the early hours of Tuesday.

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A spokesperson for Catalonia’s regional police in Barcelona told The Associated Press that “all signs point” to the University of Alabama student’s death being accidental, and that an autopsy would take place.

Barcelona Police confirmed to ABC News Friday that CCTV footage showed Gracey accidentally falling into the water. He was alone at the time.

Gracey, 20, was last seen outside the Shoko nightclub around 3 a.m. on Tuesday. He never returned to the room he was renting with friends, according to family members who live in Elmhurst. Police later recovered his phone.

Gracey was the oldest of five kids. His brother, Tommy, posted a tribute on Instagram with several photos of the family.

Gracey was a hockey player, and chaplain of his fraternity.

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On Friday morning, people in Elmhurst put red ribbons on trees near the Catholic grade school he attended.

In a statement, the Gracey family asked for prayers and privacy.

“Our family is heartbroken as we confirm that Jimmy’s body has been recovered in Barcelona. Jimmy was a deeply loved son, grandson, brother, nephew, cousin, and friend, and our family is struggling to come to terms with this unimaginable loss,” the statement said.

Barcelona is a popular tourist destination that draws millions of foreign visitors each year. It is generally safe, especially compared with major U.S. cities, where tourists’ biggest worry are normally pickpockets.

The city’s Mediterranean beaches, which are located within walking distance of the bustling city center, are a main draw especially for young visitors. The area where Gracey went out is a stretch of beach with several restaurants and nightclubs that are frequented by locals and tourists.

In an interview conducted before police confirmation of his death, Gracey’s aunt told the AP that he was “just a great kid, a good Catholic boy from the Midwest.”

The University of Alabama said in a statement that the school community “is heartbroken to learn of the death of Jimmy Gracey.”

“Jimmy’s loss is deeply felt across our campus. Our condolences are with the Gracey family during this devastating time,” it said.

Naishadham reported from Madrid and O’Connor reported from Springfield, Illinois.

ABC News and ABC7 Chicago contributed to this report.

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