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Ella Gatermann

ella.gatermann@engelvoelkers.com +1(312) 257-9230

$ 729,900

Est. payment -/mo

Save

New

44 N Spring AVE La Grange, IL 60525

4 Beds

4 Baths

6,534 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12744243

Bedrooms 4

Year Built 1925

Annual Tax Amount $13,340

Tax Year 2024

Lot Size 6,534 Sqft

Lot Dimensions 6800

Property Sub-Type Two to Four Units

Property Description

INCREDIBLE Investor opportunity in the heart of highly desirable La Grange! With BOTH UNITS now leased, this well-maintained two-flat offers an excellent opportunity for an investor looking to add an income-producing property in a prime location to their portfolio. Enjoy rental income from day one while owning a property with outstanding long-term appeal and future potential. Just blocks from vibrant downtown La Grange, Metra, award-winning schools, parks, restaurants, and shopping, the location is hard to beat. Each unit offers a spacious and functional layout filled with character and charm. Beautiful hardwood flooring, abundant natural light, and a welcoming fireplace highlight the main living areas, while versatile additional space provides additional flexibility for a home office, reading room, playroom, or hobby area. The second level includes two generously sized bedrooms and an additional full bathroom, while the third floor offers a large partially finished space with numerous possibilities for additional living space, recreation, workspace, fitness, or storage. The unfinished basement provides laundry facilities and an abundance of storage space. Outside, you'll find a spacious backyard with plenty of lawn area for relaxing, entertaining, or enjoying time outdoors. Surrounded by beautifully maintained homes in one of La Grange's most sought-after neighborhoods, this property combines existing rental income, classic character, generous living space, and an unbeatable walk-to-everything location. With both units leased and tenants already in place, this is a fantastic opportunity to acquire an established income-producing property in a community where investment opportunities like this don't come along often.

Location

State IL

County Cook

Area La Grange

Rooms

Basement Unfinished, 8 ft + pour, Storage Space, Full

Interior

Heating Natural Gas, Forced Air

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Exterior Feature Dog Run

Garage Spaces 2.0

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Stucco, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Stucco

New Construction false

Schools

High Schools Lyons Twp High School

School District 102 , 102, 204

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Paul Molidor of Berkshire Hathaway HomeServices Starck Real Estate

Ella Gatermann

Real Estate Advisor

+1(312) 257-9230

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