8 W Burlington Avenue, LA Grange, IL 60525

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CommercialFor Sale

$3,500,000

8 W Burlington Avenue

LA Grange, IL 60525

Courtesy of Jameson Sotheby's International Realty

Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID

12,000Sq Ft

Est. Mortgage

$18,166/mo

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.

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