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Image 1 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
Image 2 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
Image 3 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
Image 4 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
Image 5 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
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Image 7 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
Image 8 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
Image 9 - 8 W Burlington Ave, La Grange, Illinois, 60525 - House for sale
Home For Sale In La Grange, Illinois
8 W Burlington Ave, La Grange, Illinois, 60525

Home For Sale In La Grange, Illinois

house for sale
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Listed: 02/11/24

8 W Burlington Ave, La Grange, Illinois, 60525

Studio Bed:
4 Bath:
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Price
$ 3,75M

About This House

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, and 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.

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La Grange Housing & Living

Household Income

Median household income: $117,610
Number of households: 5,213
The average household income in La Grange, IL grew from $105,417 to $117,610 in the past year. This data is an estimate based upon 5,213 households in La Grange, IL.
The chart below presents how household income is distributed in La Grange, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in La Grange, IL compared to median property taxes around the country. The prevalent amount of property taxes in La Grange, IL equals $3k+ , which is more than the national average.