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Incredible turnkey investment property featuring 6 luxury apartments + ground floor retail space that is currently leased to an upscale home furnishings store. 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 cabinetry, quartz countertops, Bosch appliances, in-unit W/D, & 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.
| DAYS ON MARKET | 145 | LAST UPDATED | 4/23/2024 |
|---|---|---|---|
| YEAR BUILT | 1904 | COMMUNITY | La Grange |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 23, '24 | $3,750,000 |
|---|---|
| Apr 23, '24 - Today | $3,500,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | La Grange |
| BASEMENT | Unfinished, Yes |
| BUYER'S BROKERAGE COMPENSATION | 2.5% - $425 |
| CONSTRUCTION | Brick, Stone |
| LOT | 3398 sq ft |
| LOT DIMENSIONS | 32 X 119 |
| STORIES | 3 |
| TAXES | 30216 |
| UTILITIES | Cable Available |
| WATER | Public |
| ZONING | MULTI |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Jameson Sotheby's International Realty
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Copyright 2024 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2024 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2024.