8 West Burlington Avenue
$3,500,000
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6
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Description
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...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.
- Listed by Conor Scanlon • Jameson Sotheby's International Realty
- Listed by Mimi Collins • Jameson Sotheby's International Realty
Property Details for 8 West Burlington Avenue
Area
La Grange
ZoningMULTI
LISTING UPDATED: 08/17/2024 03:30 AM
Property Details for 8 West Burlington Avenue
Status | Active |
---|---|
MLS # | 11945223 |
Days on Market | 374 |
Taxes | $30,216 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Corridor-Exterior Entrance |
Year Built | 1904 |
Lot Size | 0.08 AC / 3,403 SF |
County | Cook County |
Building Information for 8 West Burlington Avenue
Stories3Residences7Year Built1904Building Size-Lot Size0.08 AC / 3,403 SF
Property Information for 8 West Burlington Avenue
Property History for 8 West Burlington Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8 West Burlington Avenue
Taxable ValueLand$5,104Additions$95,393Total$100,497
Tax Record2022$30,217 ($2,518 / month)
Home Facts
Lot Size3,403 SqFtStyleStoresYear Built1901CountyCOOKAPN18-04-123-016
Schools near 8 West Burlington Avenue
This home is within La Grange School District 102.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Cossitt Ave Elementary School PublicK to 6 | ||
Park Junior High School Public7 to 8 | ||
Lyons Twp High School Public9 to 12 | ||
St Johns Lutheran School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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