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$ 950,000
Est. payment | /mo
$ 950,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12667757
Year Built 1901
Annual Tax Amount $11,908
Tax Year 2023
Lot Dimensions 33X179X34X186
Property Sub-Type Mixed Use
Property Description
Exceptional opportunity to own a fully renovated mixed-use building in the heart of downtown La Grange. Situated on a 5,841 SF lot, the property features approximately 3,279 square feet above grade (excluding the basement), including a beautifully updated 1,435 SF street-level commercial space currently operating as a salon, along with two second-floor residential apartments totaling approximately 1,354 SF. This property has undergone more than $275,000 in recent improvements, including a full apartment renovation completed in 2025, new AC unit and water heater in 2024, exterior tuckpointing and brick cleaning, salon build-out upgrades, enhanced plumbing, lighting improvements, and updated mechanicals. Additional features include a wired music system throughout the salon, a 7-camera security system, washer/dryer hookups in the basement and retail space, an in-unit washer and dryer in the two-bedroom apartment, Culligan reverse osmosis systems, an illuminated rear parking lot, and 11 on-site parking spaces-an extremely rare amenity in downtown La Grange. Ideal for an owner-user seeking to operate their business on the first floor while generating supplemental income from the residential units above. Low 2023 real estate taxes of approximately $11,908 further enhance the appeal of this unique investment opportunity.
Location
State IL
County Cook
Area La Grange
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
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Listed by Frank Paganis of Coldwell Banker Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "