NOT LISTED FOR SALE

27 N Brainard Ave La Grange, IL 60525

36 Beds
25 Baths
30,000 Sq Ft
1930 Built

Last Sold December 11, 2023

Last sale price $4,800,000 $160 Per Sq Ft

3 Days on Market

Highlights

  • Central Heating
  • 3-minute walk to Lagrange/Stone Avenue Station
  • 3-minute walk to Stone Park
  • Ogden Ave Elementary School Rated A

About This Home

As of December 2023

Great Building

Last Listed By

Adam Butusov

Charles Rutenberg Realty of IL License #475137681 Listed on: 02/11/2023

Charles Rutenberg Realty of IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,595

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 50 x 136
  • Additional Parcels

Home Design

  • Brick Exterior Construction
  • Membrane Roofing
  • Rubber Roof

Interior Spaces

  • 30,000 Sq Ft Home
  • 3-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 25 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity

Community Details

Overview

  • 25 Units

Building Details

  • Electric Expense $2,400
  • Fuel Expense $20,432
  • Insurance Expense $15,271
  • Maintenance Expense $12,500
  • Manager Expense $10,000
  • Other Expense $56,212
  • Trash Expense $4,779
  • Water Sewer Expense $11,294
  • Operating Expense $203,442
  • Gross Income $461,940
  • Net Operating Income $270,497

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$53,595

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 3
  • Year Built: 1930
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 25
  • Total Bedrooms: 36
  • Possible Use: Condominium
  • Fireplaces: 3
  • Number of Washers: 3
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 5250000
  • Roof: Membrane, Rubber
  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Manager Expense: 10000

Fee Information

  • Trash Expense: 4779
  • Water Sewer Expenses: 11294
  • Janitor Expense: 6600
  • Operating Expense Includes: Other,Pest Control,Vacancy Allowance

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 136
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 30000

Multi Family

  • Net Operating Income: 270497
  • Fuel Expense: 20432
  • Insurance Expense: 15271
  • ElectricExpense: 2400
  • GrossIncome: 461940
  • Maintenance Expense: 12500
  • NumberOfUnitsTotal: 25
  • OperatingExpense: 203442
  • Expense Year: 2022
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 53595
  • Tax Year: 2021

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $4,800,000 -8.6% $160 / Sq Ft
02/15/2023 02/15/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $5,250,000 0.0% $175 / Sq Ft
07/10/2018 07/10/18 Rented $1,600 0.0% --
07/07/2018 07/07/18 Under Contract -- -- --
06/01/2018 06/01/18 For Rent $1,600 0.0% --
05/31/2018 05/31/18 Under Contract -- -- --
05/14/2018 05/14/18 For Rent $1,600 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11717372

Midwest Real Estate Data (MRED)