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44 N Spring Avenue La Grange, IL 60525 Multi Unit - Multiple Active

  • 44 N Spring Avenue, La Grange, IL 60525 Main Photo

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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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 4
County: Cook
High School: Lyons Twp High School
Listed By:
Berkshire Hathaway HomeServices Starck Real Estate 847-931-4663
MRED MLS
$729,900
Est. $4,920/mo
4beds
4baths
2cars
Active
BEDS4 BATHS4 full MLS#12744243
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 204

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44 N Spring Avenue, La Grange, IL 60525.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $729,900$729,900$729,900
Down Payment $145,980$25,547$182,475
Monthly Mortgage Amount $3,691$4,530$4,583
Taxes $1016$1016$1016
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$321$0
Monthly Estimated Total $4,920$6,080$5,812

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