Corcoran Urban Real Estate
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5 Properties Within 0.5 miles of: 44 N Spring, La Grange

44 N Spring
La Grange, IL 60525

  • 4 Beds
  • Built In 1925
Price

$729,900

Est Payment
$4,864 / month (details)  
Taxes
$13,340  
Beds
4  
Rooms
16  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
6800  
Built
1925  
Neighborhood
La Grange  
MLS
#12744243
Status
Active

Property Description

INCREDIBLE Investor opportunity in the heart of highly desirable La Grange! With BOTH UNITS now leased, this well-maintained two-flat offers an excellent opportunity for an investor looking to add an income-producing property in a prime location to their portfolio. Enjoy rental income from day one while owning a property with outstanding long-term appeal and future potential. Just blocks from vibrant downtown La Grange, Metra, award-winning schools, parks, restaurants, and shopping, the location is hard to beat. Each unit offers a spacious and functional layout filled with character and charm. Beautiful hardwood flooring, abundant natural light, and a welcoming fireplace highlight the main living areas, while versatile additional space provides additional flexibility for a home office, reading room, playroom, or hobby area. The second level includes two generously sized bedrooms and an additional full bathroom, while the third floor offers a large partially finished space with numerous possibilities for additional living space, recreation, workspace, fitness, or storage. The unfinished basement provides laundry facilities and an abundance of storage space. Outside, you'll find a spacious backyard with plenty of lawn area for relaxing, entertaining, or enjoying time outdoors. Surrounded by beautifully maintained homes in one of La Grange's most sought-after neighborhoods, this property combines existing rental income, classic character, generous living space, and an unbeatable walk-to-everything location. With both units leased and tenants already in place, this is a fantastic opportunity to acquire an established income-producing property in a community where investment opportunities like this don't come along often.

Property Map

Property Details

Utilities

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

Additional Information

Exterior Features
Dog Run
Parking
4 Parking Spaces (2 Garage Spaces), Garage Door Opener, Yes, Garage Owned, Detached, Owned, Garage, Parking included in price
Schools
Lyons Twp High School (204), District 102

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

Nearby Transportation

  • Burlington Northern 0.2 mi
  • I 294 South 1.7 mi
  • I 294 North 1.7 mi
  • Hwy 171 South 2.3 mi
  • Hwy 171 North 2.4 mi
  • Hwy 83 North 3.5 mi
  • I 290 East 3.6 mi
  • I 88 East 3.6 mi
  • I 55 North 3.7 mi
  • I 55 South 3.7 mi
  • Hwy 83 South 3.7 mi
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