534 S La Grange Road, La Grange, IL 60525
Local realty services provided by:ERA Naper Realty
534 S La Grange Road,La Grange, IL 60525
$1,199,000
- 9 Beds
- 8 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: shannon kutchek
Office: compass
MLS#:12726804
Source:MLSNI
Price summary
- Price:$1,199,000
About this home
Positioned in one of Chicago's most desirable suburban rental markets, this solid all-brick, thoroughly updated, five-unit investment property (four residential units plus a legal non-conforming owner's unit) offers immediate income with exceptional long-term potential. Well-maintained, recently updated and consistently occupied, the building provides a strong foundation for investors seeking dependable cash flow in a location where rental demand remains high. Just five blocks from vibrant downtown La Grange and the Metra station, with the Pace bus line just outside, residents enjoy an unbeatable commuter-friendly location with easy access to restaurants, boutiques, parks, and everyday conveniences. The property can generate more than $9,000 in monthly rental income, with additional revenue from seven parking spaces, including two garage spaces and five exterior spaces. (One unit is currently vacant to facilitate showing the property.) On-site coin-operated laundry, dedicated tenant storage and the additional owner's unit add further value and convenience. Recent updates include low-maintenance luxury vinyl plank floors and new vinyl windows throughout. All kitchens and baths have been renovated with new cabinetry, quartz or granite countertops, stainless steel sinks and appliances and new bathroom tile, vanities, and walk-in showers. An HOA was formed by the building owners in this attractive courtyard of properties in order to maintain the driveways and parking area, lawn care and snow removal. The dues are reasonable and allow for a consistent, cared-for appearance throughout without all the extra work. Located within a top-rated school district and surrounded by the charm and amenities that make La Grange so desirable, this is a rare chance to own a turnkey multifamily asset with stable income today and room to grow tomorrow. Whether you're adding to an established portfolio or purchasing your first investment property, this is an opportunity that combines location, stability, and a future upside in a turnkey building that will generate broad appeal for qualified tenants. (FLOOR PLAN FOR 3 BR UNIT IS STILL IN PROGRESS)...
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Home facts
- Year built:1977
- Subdivision & Development:Country Club
- Listing ID #:12726804
- Updated:October 08, 2026 at 08:47 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:8
- Full bathrooms:5
- Half bathrooms:3
- Rooms Total:20
- Basement Description:Full, Partially Finished
Heating and cooling
- Heating:Baseboard, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1977
- Lot area:0.28 Acres
Schools
- High school:Lyons Twp High School
- Middle school:Wm F Gurrie Middle School
- Elementary school:Spring Ave Elementary School
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Tax amount:$17,552 (2024)
Parking
- Total parking spaces:7
- Parking description:Assigned, Attached Garage, Garage
- Garage:Yes
- Garage spaces:2
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 534 S La Grange Road
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