Active

8 W Burlington Avenue

La Grange IL, 60525

$3,750,000


$1,101.97 per sqft

Active

3,403 sqft

Commercial

Built in 1904

Courtesy of Jameson Sotheby's International Realty

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.

11945223

MLS ID

December 12, 2023

Listed

February 16, 2024

Updated

Map

8 W Burlington Avenue
La Grange IL, 60525

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.08 Acres

Other Property Details

Area Name

La Grange


Taxes

$30,216


Tax Frequency

Annually


Days on Market

8


Garage

No


View

No


County

Cook


Pool

No


Zoning

MULTI


Buyer Agency Compensation

2.5% - $425

Courtesy of Jameson Sotheby's International Realty, Conor Scanlon,
Listing Contact: 312-613-0607 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Deidre Rudich are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 2/16/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 12:56 AM UTC, 2/16/2024

 

 

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