314 Beach Ave

La Grange Park, IL 60526
  • $1,150,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 10115 - 134481,247330

8-Unit Investment Opportunity in the Heart of La Grange Park! This well-maintained building is a rare chance to acquire strong-performing real estate in one of the western suburbs' most desirable communities. ***This is 8 units from one owner out of a 12 unit condo building*** The property features eight spacious 2-bedroom apartments, with five units recently renovated, ensuring a mix of immediate income stability and future value-add potential. Property Highlights:Unit mix is 8 large two-bedroom apartments, 5 units recently renovated with modern finishes. Individually pinned (8 PINs) - offering resale, financing, or condo conversion flexibility Reliable hot water baseboard heating system with new outdoor reset system put in cutting energy costs in half. Roof is 3 years old plus recently updated windows. Building size: 8,456 SF on an oversized 103' x 110' lot (11,330 SF) On-site parking lot and convenient laundry facilities owned by the seller. Solid mid-century construction, built in 1966 Location Advantages - La Grange Park Situated at 314 Beach Ave, tenants enjoy a walkable, residential setting with access to downtown La Grange & Brookfield - shopping, dining, and entertainment, Metra commuter rail - easy access to downtown Chicago Brookfield Zoo, bike trails, and local parks - lifestyle amenities that attract long-term renters. Top-rated schools and a family-friendly neighborhood environment the property provides hands-off cash flow today while leaving plenty of upside through rental growth and continued modernization. At $143,750 per unit, this portfolio opportunity offers both immediate returns and long-term investment flexibility in a proven, high-demand market.

Listing Highlights

Status Pending
Days on Site 133
Property Type Multi-Family
MLS ® 12451327
Year Built 1966
Total Square Footage 0
Lot/Acreage 103X110

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Hot Water
  • Fireplaces:
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  • Below Ground Sq Ft: n/a
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Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 103X110
  • Zoning: OTHER
  • Roof:
  • Others:
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Financial Details

  • Tax Amount: $22,727
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 15334180171005
  • Tax Year: 2023

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314 Beach Ave La Grange Park, IL 60526

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Originating MLS: mred

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