821 Hillgrove Avenue

    La Grange, IL 60525
    • $899,000
    • STATUS: Active
    • ON SITE: 77 days
    • MLS #: 10503645
    UPDATED: 54 min ago
    $899,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,680
      SQFT
    • $117
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1926
    County:
    Area:

    School Ratings & Info

    Description

    Solid mixed-use value-add opportunity. The building is also perfect for a commercial owner occupant. Currently, the first floor is leased to Stonegrove Guitar & Chiropractor office. There is an in-line space 1,100 SF +/- which could be expanded into the Garage area. Ideal for any business that could use Office or Retail Space paired with a Garage or Flex-space. A smart investor may expand into the Huge Garage area or rent and passively collect income. Building has strong rental history and is located adjacent to the Stone Ave Metra Station. Upstairs apartments are value-add being rented to long-term tenants. A building trade could easily occupy the available in-line space and fit up to 6 full size work vans in Garage area. Currently, there is a dump truck parked in garage. Call listing agent for more information. Great building with tons of potential.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-11-19T06:53:47.473 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.thewexlergroup.com/homes/98580027

    821 Hillgrove Avenue La Grange, IL 60525

    • Price: $899,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 10503645
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    7,680
    SQFT
    $117
    $/SQFT
    1926
    Built
    Neighborhood:
    La Grange
    County:
    Cook
    Area:
    La Grange
    Property Description
    Solid mixed-use value-add opportunity. The building is also perfect for a commercial owner occupant. Currently, the first floor is leased to Stonegrove Guitar & Chiropractor office. There is an in-line space 1,100 SF +/- which could be expanded into the Garage area. Ideal for any business that could use Office or Retail Space paired with a Garage or Flex-space. A smart investor may expand into the Huge Garage area or rent and passively collect income. Building has strong rental history and is located adjacent to the Stone Ave Metra Station. Upstairs apartments are value-add being rented to long-term tenants. A building trade could easily occupy the available in-line space and fit up to 6 full size work vans in Garage area. Currently, there is a dump truck parked in garage. Call listing agent for more information. Great building with tons of potential.
    Exterior Features

    Construction BrickSteel Docks Drive-In DoorsService Entrance Foundation Concrete Frontage Access City Street Location Central Business DistrictMixed Use Area Lot Dimensions 50X125 Lot Sq Ft 6250 Number Of Parking Spaces 10 Roof Coverings Rubber Roof Structure FlatWood Joists

    Interior Features

    Air Conditioning Central Air Fire Protection None Floor Finish ConcreteTileVaries Indoor Parking 6-12 Spaces Miscellaneous Inside Multi-TenantOverhead Door/SStorage Inside Number Of Apts 2 Number Of Dishwashers 0 Number Of Dryers 1 Number Of Offices 1 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 2 Number Of Stories 2 Number Of Washers 1 Outdoor Parking None On Site

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electric Expense Source Actual Electrical Service Circuit BreakersSeparate Meters240V Power Electricity Expense 1889 Fuel Expense 2633 Fuel Expense Source Actual Geographic Locale Southwest Suburban Gross Rental Income Amount 8600 Heat Ventilation Ceiling UnitsForced AirGasHot Water Insurance Expense 2153 Insurance Expense Source Actual Lease Type Modified Gross Net Oper Income Amount 63146 Net Operating Income Year 2018 Number Of Tenants 4 Number Of Window Ac 2 Other Expense Source Actual Other Expenses 10822 Owners Assoc YN No Potential Use Commercial Rental Price 0 Tax Year 2018 Taxes 16365 Tenant Pays Air ConditioningElectricHeatInsuranceWater/SewerVaries By Tenant Total Annual Exp 40053 Total Annual Expense Source Actual Total Annual Income 103200 Total Monthly Income 8600 Township Lyons Unincorporated YN No Washer Dryer Lsd YN No Water Expense 773 Water Expense Source Actual Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Charles Rutenberg Realty Of IL.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-11-19T06:53:47.473 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467