- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
Street View
$1,199,000
Monthly Est:$5,968
9 Beds
8 Baths
--sqft
534 S La Grange Rd, La Grange, IL 60525
$1,199,000
$5,968/moEst:
Get Pre-Approved
Multi Family
Built in 1977
$-- HOA
12,196.8 sqft lot
--/sqft
Description
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)
- Houzeo last checked: 10 hours ago
- Listing updated: September 18, 2026 at 5:19 pm
- Listing Provided by: Shannon Kutchek (708) 955-3683 | Compass (630) 974-6750
- Source: MRED MLS-IL | MLS#: 12726804
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
- sqft
Lot Size
12,196.8 sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12726804
MLS Status
Contingent
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 8
Interior
Sewer
Public Sewer
Heating
Natural Gas, Baseboard
Construction
Year Built
Year Built: 1977
Home type
Multi Family
Roof
Asphalt
Construction Materials
Brick
Utilities & Energy
Parking Features
Yes, Garage Owned, Attached, Assigned, Owned, Garage
Water Source
Lake Michigan, Public
Basement
Partially Finished, Full
Other Features
Subdivision Name
Country Club
Community Features
Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
Patio And Porch Features
Patio
Price History
| Date | Event | Price |
|---|---|---|
08/27/2026 Source: | Contingent (Active Under Contract) | $1,199,000 $0/sqft |
08/18/2026 Source: | Listed for Sale | $1,199,000 +135.10% $0/sqft |
01/19/2017 Source: | Price Decreased | $510,000 -7.27% $0/sqft |
01/19/2017 Source: | Sold | $550,000 $0/sqft |
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This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 05, 2026, 03:01PM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market. Based on information submitted to the MLS GRID as of Oct 05, 2026, 03:01PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS, Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved
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