Property for Sale: 8 W Burlington, La Grange, IL 60525

$3,500,000
$3,500,000
8 W Burlington, La Grange, IL 60525
$3,500,000
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Price:
$3,500,000
$250,000 - 04/23/2024

Type Commercial
Year Built 1904

City La Grange
County Cook

MLS 11945223
Status Active
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.

Room Features

Basement Description Unfinished, Storage Space

Lot & Building Features

Construction Brick
Cooling Central Air
Tax Year 2022
Lot Dimensions 32 X 119 ft

Price History of 8 Burlington, La Grange, IL

Date Name Price Difference
04/23/2024 Price Adjustment $3,500,000 6.67%
12/31/1969 Listing Price $3,750,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Bill Biros
Bill Biros
Broker/Owner
Direct: 708-237-7711
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Jameson Sotheby's International Realty, Conor Scanlon & Mimi Collins
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6.75%
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8 Burlington (MLS #11945223) is a commercial listing located in La Grange, IL. This property was listed on 12/14/2023 and has been priced for sale at $3,500,000.

Nearby zip codes are 60484, 60513, 60521, 60526 and 60558. This property neighbors other cities such as Brookfield, Countryside, Hinsdale, La Grange Park and Western Springs.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Jameson Sotheby's International Realty