Active
8 W Burlington Avenue
La Grange IL, 60525
$3,500,000
$291.67 per sqft
Active
12,000 sqft
Multi-family
Built in 1904
Courtesy of Jameson Sotheby's International Realty
Incredible turnkey investment property featuring 6 luxury apartments + 5,000+ sqft ground floor retail space that is currently leased to an upscale home furnishings store (2,580sf retail space + full basement storage). 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 14, 2023
Listed
October 2, 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
250
Garage
No
View
No
County
Cook
Pool
No
Zoning
MULTI
Listing History
Date | Event | Price |
---|---|---|
4/24/2024 | Price change | $3,500,000 -7% |
Courtesy of Jameson Sotheby's International Realty, Conor Scanlon,
Listing Contact: 312-613-0607
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Data last updated 4:21 AM UTC, 10/2/2024