18 South Spring Avenue

La Grange, IL 60525

$875,000
Last Sold Price
11
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Easy to rent and hard to find 6 unit brick building with prime Historic District location! This low maintenance building is steps from the Stone Ave train stop and blocks from downtown La Grange! Short walk to sought after area schools, Lyons Township H. S., Park Jr. High and Cossitt Elementary. Five of the six units are 2 bedroom, 1 bath units and one of the garden apartments is a 1 bedroom, 1 bath unit. All units have been renovated within the last 5 years and feature large kitchens with dining...Easy to rent and hard to find 6 unit brick building with prime Historic District location! This low maintenance building is steps from the Stone Ave train stop and blocks from downtown La Grange! Short walk to sought after area schools, Lyons Township H. S., Park Jr. High and Cossitt Elementary. Five of the six units are 2 bedroom, 1 bath units and one of the garden apartments is a 1 bedroom, 1 bath unit. All units have been renovated within the last 5 years and feature large kitchens with dining areas, expansive living rooms and built-in wall unit air conditioners. New roof within the last 4 years, new laundry room water heater within the last 3 years and new shared washer and dryer within the last 2-3 years. This is a no dog/no smoking building. Tenants pay the electric and the owner pays for heat, water and scavenger. Each unit has one exterior parking space behind the building with alley access.
  1. Listed by Catherine Bier • Compass

Property Details for 18 South Spring Avenue

Area
La Grange
Township
Lyons
Num Of Parking Spaces
6.0
Num of Interior Fireplaces
0
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 08/03/2023 12:36 PM

Property Details for 18 South Spring Avenue

StatusClosed
MLS #11040002
Days on Market214
Taxes$21,036 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Interior Entrance
Year Built1963
Lot Size0.15 AC / 6,500 SF
CountyCook County

Location

Add your commute

Building Information for 18 South Spring Avenue

Stories-Residences6Year Built1963Building Size-Lot Size0.15 AC / 6,500 SF

Payment Calculator

$6,528 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$1,753

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 18 South Spring Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces,Private Lot
Location and General Information
  • Frontage Type: Public Road
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers
  • # Of Washers: 1
  • Basement Description: Finished, Egress Window
  • Heat/Ventilation: Central Heat/Indiv Controls,Hot Water,Baseboard
  • # Of Window/Ac: 6
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Inside Corridor/s,Laundry Room
  • # Of Dryers: 1
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 6.0
Exterior Features
  • Building Unit Info: No Units Furnished,Smoke/Alarm Detector
  • Misc Outside: Enclosed Stairs,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Sanitary Sewer, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Sewer
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Corridor-Interior Entrance
  • Lot Dimensions: 50 X 130
  • Lot Size Square Feet: 6500.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Fire Protection: Alarm On Site,Carbon Monoxide Detector(s)
  • Roof Structure: Hip
  • Building Area Total: 4500
  • Lot Size Source: County Records
  • # Of Ranges: 6
  • Conversion: N
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional
  • Documents Available: Historical
  • Public Document Count: 2
  • Document Date: 2021-04-06T21:19:05
  • Photos Count: 1
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Location: Mixed Use Area,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Gross Income: $90,480.00
  • Gross Scheduled Income: $90,480.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $.00
  • Total Annual Expense Source: Combination
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Other Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 7540
  • Water Expense Source: Owner Projection
  • Net Operating Income: $59,994.00
  • Operating Expense: $30,486.00
  • Other Expense: $650.00
  • Trash Expense: $3,000.00
  • Water Sewer Expense: $2,800.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 1
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 18 South Spring Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 18 South Spring Avenue

Taxable ValueLand$5,850Additions$83,914Total$89,764
Tax Record2022$26,357 ($2,196 / month)
Home Facts
Baths4Total Finished SqFt4,500 SqFtAbove Grade Finished SqFt4,500 SqFtStories2Lot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyCOOKAPN18-04-120-019Fireplace TypeHas Fireplace

Schools near 18 South Spring Avenue

This home is within La Grange School District 102.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Cossitt Ave Elementary School
PublicK to 6

Park Junior High School
Public7 to 8

Lyons Twp High School
Public9 to 12

Nazareth Academy
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.