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Check out this well-maintained 7-unit investment opportunity in desirable La Grange Park. This arm-chair investment property is a strong, stable investment property but also has so much potential upside for a new owner! Each unit includes an assigned parking space, adding tenant convenience and long-term value. Tenants pay their own gas and electric, helping keep operating expenses low. Additional income generated through shared coin laundry. Several units have been recently renovated with modern finishes, including new cabinetry, countertops, and LVP flooring, offering upside in rents while minimizing near-term capital expenditures. Vintage units can be turned in the same fashion to generate more income for the owner and can follow the proven strategy implemented by the owner now. Ownership has consistently maintained the building with annual roof coating and upkeep. Major mechanical updates include a new hot water storage tank (2024) and updated hot water boiler (for hot water, not heating) and piping (2025). Strong location near Brookfield Zoo, public transportation, top rated LT school district, and convenient shopping supports stable tenant demand and long term appreciation.
| DAYS ON MARKET | 40 | LAST UPDATED | 6/3/2026 |
|---|---|---|---|
| YEAR BUILT | 1960 | COMMUNITY | La Grange Park |
| COUNTY | Cook | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jun 3, '26 | $1,249,000 |
|---|---|
| Jun 3, '26 - Today | $1,195,000 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | La Grange Park |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Brick |
| LOT | 0.26 acre(s) |
| LOT DIMENSIONS | 99111 |
| STORIES | 2 |
| TAXES | 12643.8 |
| UTILITIES | Sewer Connected |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Forte Properties, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
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 2026 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 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.