La Grange Park, IL 60526 314 Beach Avenue
$1,150,000



11 more











Presented By: Coldwell Banker Realty
Home Details
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.
Presented By: Coldwell Banker Realty
General for 314 Beach Avenue
Additional Parcels Y/NYes
Cap Rate6.03
CityLa Grange Park
CountyCook
DirectionsProperty Location Located 2 blocks north of Ogden Ave and 2 blocks east of Lagrange Ave.
Electric Expense
Fuel Expense
Gross Income113700
Insurance Expense
MLS AreaLa Grange Park
MaintenanceExpense
ModificationTimestamp2025-08-27T03:18:01.577Z
Net Operating Income69373
Number Of Units Total8
Operating Expense44327
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount22727
Tax Year2023
Tenant PaysElectricity
TownshipLyons
Trash Expense0
Water Sewer Expense0
Year Built1966
ZoningOTHER
Exterior for 314 Beach Avenue
Lot Dimensions103X110
Lot Size Acres0
Additional Details
Price History
