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$800,000   Price Analysis
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823 N LA Grange Rd
La Grange Park, IL 60526
5 bed 5 bath unknown SqFt ($0/SqFt)
0.24 acre lot.
Listed 2024-05-15, Taxes $12,430
Ⓧ USDA Ineligible
due to price & location

near La Grange Park

What an incredible offer!

* Has Contingent Offer *

Located in the prime area of La Grange Park, with an excellent school district, there's truly nothing else like it on the market. Picture yourself as the proud owner of a stunning property with a 5% down payment required for owner-occupied property! It's not new construction; it's a complete transformation, a total gut rehab that's better than new! Great landscaped property with a long driveway that sits far off from the main road. Imagine stepping into a world of luxury with everything brand new - from the roof to the mechanics, all individually metered for each unit. Unit 1 boasts 2 bedrooms and 2 bathrooms, while Unit 2 is a sp rawling 3-bedroom, 2.5-bathroom duplex, perfect for vast living. Each unit comes equipped with its own washer and dryer and there's ample basement storage with new epoxy flooring, a generous 17x15 space for each unit. And that's not all - there's a two-car garage with a new roof, already wired for EV charging, adding to the convenience and modernity of this dream property along with a large, beautifully landscaped backyard. Unit 1 is already rented for $3, 000 a month, with Unit 2 poised to bring in an impressive potential $3700 once rented out. Whether you choose to live in one and rent the other or capitalize on the income potential of both units, this is an opportunity you don't want to miss!

Com check it out!


Presented by Eli Masud at
COMPASS.
Listing Agent Photo

Property MLS #12057290 from MRED

Bedrooms: 5
Bedrooms Possible: 5

Total Rooms: 14
Basement Features: Full
Basement Description: Finished

Total Bathrooms: 5
Full Bathrooms: 4
1/2 Bathrooms: 1

Yes

Heating Features: Natural Gas, Forced Air

Lot Size Acres: 0.24
Lot Size Dimensions: 50X212
Lot Size Square Feet: 10454

Garage Spaces: 2
Garage Description: Detached
Garage Features: Garage Door Opener(s)
Parking Features: Driveway
Parking Total: 10

Association: No
Calculated Total Monthly Association Fees: 0

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

Forest Road Elementary School is a public elementary school located approximately 0.3 miles away.
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Park Junior High School is a public middle school located approximately 0.8 miles away.
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Lyons Twp High School is a public high school located approximately 1.3 miles away.
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The Children's House Montessori School is a private elementary school located approximately 0.6 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 3
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 2
Half Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 4
Total Rooms in Unit-2: 8
Unit-1 Description: Unit 1
Unit-2 Description: Unit 2
Unit 1 Total Actual Rent: 3000

Annual Tax Amount: 12932.05
Source Listing Status: Active Under Contract
County: Cook
Directions: La Grange Rd N. of Rt 34 to site
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 15331200070000
Township: Lyons
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$36,202 + $6,300
$42,502
$12,430
2020$36,202 + $6,300
$42,502
$12,138
2019$39,080 + $5,775
$44,855
$11,797
2018$39,080 + $5,775
$44,855
$11,596
2017$39,080 + $5,775
$44,855
$11,308
2016$32,454 + $5,250
$37,704
$10,637
2015$32,454 + $5,250
$37,704
$9,528
2014$32,454 + $5,250
$37,704
$9,397
2013$29,949 + $5,250
$35,199
$8,523
2012$29,949 + $5,250
$35,199
$8,327
2011$29,949 + $5,250
$35,199
$8,042
2010$37,958 + $5,250
$43,208
$8,167
2009$37,958 + $5,250
$43,208
$7,772
2007$40,300 + $5,040
$45,340
$5,911
2006$40,300 + $5,040
$45,340
$7,513

Listing removed 2024-05-16
$0
MRED
Listed 2024-05-15
$800,000
MRED
Listed 2024-03-01
$899,000
MRED
Listing removed 2024-02-28
$950,000
MRED
Listed 2023-12-12
$950,000
MRED
Listing removed 2023-12-12
$950,000
MRED
Price Changed 2023-12-11
$950,000
MRED
Listed 2023-10-02
$999,000
MRED
Listing removed 2023-10-02
$1,100,000
MRED
Listed 2023-08-27
$1,100,000
MRED
Sold 2021-10-22
$268,000
Public Record
Sold 2021-09-01
$268,000
MRED
Sold 2019-05-01
$270,500
Public Record

Sewer: Public Sewer
Water Source: Lake Michigan, Public

Architectural Style: Contemporary, Farmhouse
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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.