314 Beach Avenue La Grange Park, IL $ 1,150,000
314 Beach Avenue
$ 1,150,000
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314 Beach Avenue

La Grange Park, IL, 60526
$ 1,150,000
Bedrooms1 Baths0.0

Monthly Estimate*

$ 7,175

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Multi-Family Home for sale in La Grange Park, IL

for $1,150,000 with 1 bedroom. This home was built in 1966.

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.

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Multi-Family Active

Price

$ 1,150,000

Bedrooms

1

Property Type

Multi-Family

Taxes

$ 22,727

Style

Year Built

1966

Town/City

La Grange Park

County/Region

Cook

MLS | Web ID

12451327

Features
General
Zoning OTHER
Year Built 1966
Tenant Pays Electricity
Stories Count 3
Township Lyons
Tax Year 2023
Gross Income 113700
County Cook
Net Operating Income 69373
Operating Expense 44327
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Property Location Located 2 blocks north of Ogden Ave and 2 blocks east of Lagrange Ave.
City La Grange Park
Number Of Units Total 8
MLS Area La Grange Park
Tax Annual Amount 22727
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
Cap Rate 6.03
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Exterior
Lot Dimensions 103X110
Lot Size Acres 0
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* Excluded Features
List By
Coldwell Banker Realty

Broker

dan.merrion@cbexchange.com

Email

Affordability Calculator

$9,068
Per Month
79%
21%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$1,894
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2025$1,150,000 Listed Price

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314 Beach Avenue, La Grange Park, IL, 60526 is a Multi-Family Home for sale at $1,150,000. 314 Beach Avenue has 1 bedrooms, 0.0 baths, and was built in 1966. The property's zip code is 60526 which is in La Grange Park, IL