$3,500,000 Price Analysis    ♡   La Grange, IL 60525 Unknown bed 4 bath unknown SqFt ($0/SqFt) 3,403SqFt lot. Built 1904 Listed 2023-12-14, Taxes $28,383 | Ⓧ USDA Ineligible due to price & location near La Grange |
Incredible turnkey investment property featuring 6 luxury apartments + 5
000+ sqft ground floor retail space that is currently leased to an upscale home furnishings store (2, 580sf retail spac e + full basement storage). The building is in a prime location in La Grange's Downtown Central Business District across the street from the Metra station and in close proximity to restaurants, bars, coffee shops and retail. The area gets heavy foot traffic from the train station and nearby businesses and has high visibility from La Grange Rd.
Completely rebuilt in 2015, the apartments feature high-end condo quality finishes including Hardwood white oak flooring, Italian cabintry, quartz countertops, Bosch appliances, in-unit W/D and custom closets. Each unit has its own mechanicals and pays for their own heat, AC and gas. Parking conveniently located in public lot at the west end of the block. Overnight permits are $45/month for 1st car, $65/month for 2nd car and $20/month for daytime parking for retail store.
Presented by Conor Scanlon at
Jameson Sotheby's International Realty.
Property MLS #11945223 from MRED
Lot Size Dimensions: 32 X 119
Lot Size Square Feet: 3403
Calculated Total Monthly Association Fees: 0
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 5
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 2
Total Rooms in Unit-5: 2
Source Listing Status: Active
County: Cook
Directions: La Grange Rd to Burlington Ave, West on Burlington to property
Tax Year: 2022
Source Property Type: Multi-Family
Parcel Number: 18041230160000
Zoning: MULTI
Property Subtype: Multi Family 5+
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2020 | $95,393 + $5,104 $100,497 | $28,383 |
| 2019 | $50,098 + $4,423 $54,521 | $15,413 |
| 2018 | $42,535 + $4,423 $46,958 | $13,014 |
| 2017 | $47,752 + $4,423 $52,175 | $14,062 |
| 2016 | $34,843 + $4,083 $38,926 | $11,638 |
| 2015 | $14,518 + $4,083 $18,601 | $5,204 |
| 2014 | $14,445 + $4,083 $18,528 | $5,100 |
| 2013 | $63,637 + $4,083 $67,720 | $18,267 |
| 2012 | $63,637 + $4,083 $67,720 | $17,775 |
| 2011 | $53,074 + $4,083 $57,157 | $14,332 |
| 2010 | $66,053 + $5,198 $71,251 | $16,205 |
| 2009 | $81,296 + $6,397 $87,693 | $19,729 |
| 2007 | $84,443 + $8,796 $93,239 | $19,913 |
| 2006 | $92,120 + $9,596 $101,716 | $21,393 |
$3,500,000
MRED
Listed 2023-12-14
$3,750,000
MRED
Sold 2014-01-08
$450,000
Public Record
Sold 1998-02-20
$525,000
Public Record
Sold 1994-02-10
$320,000
Public Record
Construction Materials: Brick
Property Age: 120
Levels or Stories: 3
Cable Available
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.