IL
Cook
La Grange Park
60526
314 Beach Avenue
314 Beach Avenue, La Grange Park, IL 60526
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Listing Type
Commercial/Industrial
Listing Status
active
16
$1,150,000

Home Details for 314 Beach Avenue

Price
$1,150,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1966
County
Cook
Garage
Days on site
32
MLS Listing#
12451327
Property Description

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.

Property Features
    Listing Courtesy: Coldwell Banker Realty - 312-266-7000
    Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 20:14:04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    Last Updated: 2025-09-03 20:14:04
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    EXIT REALTY WE / REDEFINED
    505 S. La Grange Rd, La Grange, IL 60525
    Office
    708 859 0650
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