8 W Burlington Avenue, La Grange, IL 60525

  • $3,500,000
  • $3,750,000
8 W Burlington Avenue, La Grange, IL 60525
For Sale
8 W Burlington Avenue, La Grange, IL 60525
  • $3,500,000
  • $3,750,000

Overview

Property ID: 14353336
  • Commercial Sale
  • Property Type
  • 1904
  • Year Built

Description

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.

  • Address 8 W Burlington Avenue
  • City La Grange
  • State/county IL
  • Zip/Postal Code 60525
  • Country United States

Details

Updated on August 25, 2024 at 3:18 am
  • Property ID: 14353336
  • Price: $3,500,000
  • Year Built: 1904
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 12000
  • MLS#: MRD11945223
  • Office Name: JAMESON SOTHEBY'S INTERNATIONAL REALTY
  • Agent Name: Conor Scanlon
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD87514
  • List Agent MLSID: MRD866184
  • List Date: 2023-12-14T21:32:35.000Z
  • Cooling: Central Air
  • Tax Annual: 30216
  • Tax Year: 2022
  • County: Cook

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