Corcoran Urban Real Estate
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Any Beds
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5 Properties Within 0.5 miles of: 240 S Brainard, La Grange

240 S Brainard
La Grange, IL 60525

  • 6 Beds
  • Built In 1880
Price

$450,000

Est Payment
$3,696 / month (details)  
Taxes
$12,095  
Beds
6  
Rooms
15  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
153 X 50  
Built
1880  
Neighborhood
La Grange  
MLS
#11236382
Status
Sold (12/1/2021)

Property Description

You know the saying "LOCATION, LOCATION, LOCATION." Now add "CHOICES, CHOICES, CHOICES." Here is your very rare opportunity... legal non-conforming status allows for 2-unit in the absolute heart of downtown LaGrange. Rehab these spacious 3 Bed, 1 Bath units with working fireplaces and rent them both for incredible income potential, live in one and rent out the other to offset expenses, or tear down and build your Dream Home in this fabulous "in-town" location. The options are unlimited for this versatile investment that rarely presents itself, with top rated schools restaurants, shopping, and the MTS commuter train line just steps away. Washer/dryer located in basement. Prime 153 x 50 corner lot that faces Maple Avenue. Bonus- unique extra large "flex" lodge space in the rear of the garage with potbelly stove and built-in bar. A once-in-a-lifetime must see property. Sale conveyed AS-IS.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Exterior Features
Patio
Parking
2 Garage Spaces, Owned
Schools
Lyons Twp High School (204), Park Junior High School (102), Ogden Ave Elementary School (102)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

10-02-2021 Listed at $599,000
10-21-2021 Price decreased by $99,000 to $500,000
11-10-2021 Status changed to Under Contract
12-02-2021 Status changed to Closed
12-01-2021 Sold at $450,000
Last Modified 12/2/21 7:19 AM

Nearby Transportation

  • Burlington Northern 0.4 mi
  • I 294 South 1.7 mi
  • I 294 North 1.7 mi
  • Hwy 171 South 2.4 mi
  • Hwy 171 North 2.4 mi
  • I 55 North 3.1 mi
  • I 55 South 3.1 mi
  • Hwy 83 North 3.4 mi
  • Hwy 83 South 3.5 mi
  • I 290 East 4.1 mi
  • I 88 East 4.1 mi
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