$785,000
$789,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
8,276 Sqft Lot
SOLD DATE : 09/30/2026
Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12735216
Sold Date 09/30/26
Bedrooms 7
Year Built 1965
Annual Tax Amount $13,061
Tax Year 2023
Lot Size 8,276 Sqft
Lot Dimensions 67X125
Property Sub-Type Two to Four Units
Property Description
Exceptional investment opportunity with this fully occupied, professionally managed 4-unit apartment building offering immediate cash flow and long-term upside. The property has been well maintained with major capital improvements already completed, including a new roof and gutters, exterior door and an efficient hot water boiler with updated controls to help reduce operating costs. Most units have been updated with newer flooring, stainless steel appliances and sleeve A/C units, while Units 3 and 4 feature renovated bathrooms with new tile and toilets. A unique 3-bedroom unit enhances the unit mix and attracts long-term tenants seeking larger living spaces. On-site coin laundry provides additional income, and the property's thoughtful layouts contribute to strong tenant retention. On-site, quality built shed for owners' storage or shed can be rented for additional income. Located in a high-demand rental market, the building is within walking distance of the Congress Park Metra station and downtown La Grange's shopping, dining, and entertainment. Residents also benefit from access to highly regarded school and park districts, with LaGrange Rec Center conveniently located across the street. Consistently low vacancy rates and strong rental demand make this an attractive addition to any investment portfolio. With stable occupancy, proven management, recent capital improvements, and the potential for future rent growth as leases renew, this turnkey asset offers an excellent combination of dependable cash flow, limited near-term capital needs, and long-term appreciation potential.
Location
State IL
County Cook
Area Brookfield
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Baseboard
Fireplace N
Exterior
Community Features Park, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Congress Park Elementary School
Middle Schools Park Junior High School
High Schools Lyons Twp High School
School District 102 , 102, 204
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Tracy Tran of Coldwell Banker Realty
Nearby Locations
GET MORE INFORMATION

Broker License ID: 475.207267






