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$635,000   Price Analysis
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22 S Spring Ave
La Grange, IL 60525
5 bed 4 bath unknown SqFt ($0/SqFt)
6,500SqFt lot. Built 1904
Listed 2024-06-02, Taxes $11,274
Ⓧ USDA Ineligible
due to location

near La Grange

Don't miss this rare investment opportunity nestled right in the heart of historic La Grange!

* No Longer For Sale *
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This stunning Victorian-style property boast 2 units each offering distinct charm and potential. Each unit has been conveniently duplexed to expand each apartment to a comfortable, desirable size. The first unit spans the 1st floor and basement, while the second unit spans the 2nd and 3rd floors, providing ample space and privacy for tenants. Each unit features 2 bathrooms. The property features many original features and is filled with character including woodwork, hardwood floors, a wood-burning fireplace, high ceilings, exterior architecture and a large, welcoming front porch which invites you to relax and take in its historical charm. The property features many updates including an updated kitchen with maple cabinetry and quartz counters, a vaulted ce iling and an open dning room in the second floor.

The first floor extends to a finished basement space that is perfect for a home office, playroom or fitness area. Updates also include: 50 gallon water heater (2022), Trane furnace and central air and a Mitsubishi supplemental electric heat and air conditioning wall unit for top floor of unit 2. There is a lush, landscaped yard with a brick paver patio and a 2 car garage plus an additional parking area for tenants. Located in an idyllic neighborhood, this property offers the ultimate in La Grange living with shopping, dining, top-notch Cossitt elementary and Lyons Township High Schools and the train stations within a few blocks of the home. Whether you're an investor seeking rental income or a homeowner looking for related living, don't miss the unique offering. Potential monthly of $5-6k. . CURRENT RENT OF 1ST FLOOR NOT REFLECTIVE OF MARKET AREA RENTS. PICTURES AVAILABLE 06/05/2024


Presented by Shannon Kutchek at
Smothers Group with Compass.
Listing Agent Photo

Property MLS #12053990 from MRED

Bedrooms: 5
Bedrooms Possible: 5

Total Rooms: 11
Basement Features: Full
Basement Description: Finished

Total Bathrooms: 4
Full Bathrooms: 4

Yes

Heating Features: Natural Gas, Electric, Forced Air, Sep Heating Systems - 2+

Porch

Lot Size Acres: 0.1492195
Lot Size Dimensions: 50 X 130
Lot Size Square Feet: 6500

Garage Spaces: 1
Garage Description: Detached
Parking Features: Off Alley
Parking Total: 5

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Cossitt Avenue Elementary School
Elementary School District: 102
High School: Lyons Twp High School
High School District: 204

Cossitt Ave Elementary School is a public elementary school located approximately 0.2 miles away.
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Lyons Twp High School is a public high school located approximately 0.3 miles away.
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Park Junior High School is a public middle school located approximately 0.5 miles away.
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Little Peoples Academy is a private elementary school located approximately 0.2 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 2
Total Rooms in Unit-1: 5
Total Rooms in Unit-2: 6
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit 1 Total Actual Rent: 1125
Unit 2 Total Actual Rent: 2750

Annual Tax Amount: 11737.00
Source Listing Status: Closed
County: Cook
Directions: La Grange Rd To Cossitt Ave (W) to Spring (N)
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 18041200200000
Township: Lyons
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$34,125 + $5,850
$39,975
$11,274
2020$34,125 + $5,850
$39,975
$11,035
2019$39,462 + $5,362
$44,824
$12,366
2018$45,715 + $5,362
$51,077
$13,822
2017$45,715 + $5,362
$51,077
$13,457
2016$55,604 + $4,712
$60,316
$17,648
2015$55,604 + $4,712
$60,316
$16,497
2014$55,604 + $4,712
$60,316
$16,237
2013$55,500 + $4,712
$60,212
$15,907
2012$55,500 + $4,712
$60,212
$15,469
2011$55,500 + $4,712
$60,212
$14,794
2010$61,475 + $4,712
$66,187
$14,738
2009$61,475 + $4,712
$66,187
$14,596
2007$51,998 + $7,020
$59,018
$12,344
2006$51,998 + $7,020
$59,018
$12,087

Sold 2024-07-19
$600,000
MRED
Listed 2024-06-02
$635,000
MRED
Sold 1987-04-01
$118,900
Public Record
Sold 1981-10-29
$115,000
Public Record

Year Built: 1904
Property Age: 120
Architectural Style: Victorian

Sewer: Public Sewer
Water Source: Lake Michigan

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.