Corcoran Urban Real Estate
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4 Properties Within 0.5 miles of: 8 W Burlington, La Grange

8 W Burlington
La Grange, IL 60525

  • Built In 1904
Price

$3,500,000

Est Payment
$21,467 / month (details)  
Taxes
$30,216  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
32 X 119  
Built
1904  
Neighborhood
La Grange  
MLS
#11945223
Status
Active (134 days)

Property Description

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.

Property Map

Property Details

Utilities

  • Heating
  • Cooling Central Air
  • Water
  • Sewer

Additional Information

Payment Calculator

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

Listing History

12-14-2023 Listed at $3,750,000
04-23-2024 Price decreased by $250,000 to $3,500,000
Last Modified 4/23/24 9:15 PM

Nearby Transportation

  • Burlington Northern 0.1 mi
  • Hwy 171 South 2.0 mi
  • I 294 South 2.0 mi
  • I 294 North 2.0 mi
  • Hwy 171 North 2.1 mi
  • I 55 South 3.6 mi
  • I 290 East 3.7 mi
  • I 88 East 3.7 mi
  • I 55 North 3.7 mi
  • I 290 West 3.8 mi
  • Hwy 83 North 3.9 mi
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