711 W Hillgrove Avenue La Grange, IL $ 950,000
711 W Hillgrove Avenue
$ 950,000
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711 W Hillgrove Avenue

La Grange, IL, 60525
$ 950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,849

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Commercial Property for sale in La Grange, IL

for $950,000. This building was built in 1901 on a lot size of 0.140358.

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.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 11,908

Style

Lot Size

0.140358

Year Built

1901

Town/City

La Grange

County/Region

Cook

MLS | Web ID

12667757

Features
General
Cooling Central Air Window Unit(s)
Year Built 1901
Electric Circuit Breakers
Stories Count 2
Property Subtype Mixed Use
Tax Year 2023
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status New
Directions Hillgrove East or West to property
City La Grange
Number Of Units Total 3
MLS Area La Grange
Lot Size Square Feet 6114
Tax Annual Amount 11908
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 33X179X34X186
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* Excluded Features
List By
Coldwell Banker Real Estate Group

Broker

fpaganis@cbcregroup.com

Email

Affordability Calculator

$6,842
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,849
Monthly Property Taxes
$992
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/9/2026$950,000 Listed Price

Map


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711 W Hillgrove Avenue, La Grange, IL, 60525 is a Commercial Property for sale at $950,000 with a lot size of 0.140358. 711 W Hillgrove Avenue was built in 1901. The property's zip code is 60525 which is in La Grange, IL