NOT LISTED FOR SALE

27 N Brainard Ave La Grange, IL 60525

La Grange Area
36 Beds
25 Baths
30,000 Sq Ft
1930 Built

Sale Details

Date 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 Agent to Sell the Property

Adam Butusov

Westmont Realty, LLC License #471022355 Listed on: 02/11/2023

Co-Listed By

Tripp Butusov

Charles Rutenberg Realty of IL License #475177683

Last Buyer's Agent

Anish Sheth

Third Coast Realty LLC License #475145138

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $53,595

Year Built

  • Built in 1930

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

Lot Details

  • Lot Dimensions are 50 x 136
  • Additional Parcels

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

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
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • 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

Exterior Features

  • 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
  • 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
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 53595
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2023
Closed on
Dec 11, 2023
Sold by
Mal Holdings Llc
Bought by
Seller's Agent
Adam Butusov
Westmont Realty, LLC
Buyer's Agent
Anish Sheth
Third Coast Realty LLC
List Price
$5,250,000
Sold Price
$4,800,000
Premium/Discount to List
-$450,000
-8.57%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,380,000
Outstanding Balance
$3,301,458
Interest Rate
7.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2018
Sold by
Irrevocabl Rogulic Robert M
Bought by
Mal Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 11, 2006
Sold by
The 2003 Jack & Violet Rogulic Irrevocab
Bought by
The 2003 Robert Rogulic Irrevocable Tr

Purchase Details

Closed on
Mar 15, 2004
Sold by
London Lagrange Llc
Bought by
The 2003 Jack & Violet Rogulic Irrevocab

Purchase Details

Closed on
Aug 1, 2003
Sold by
Rogulic Jack and Rogulic Violet
Bought by
London Lagrange Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 1, 1997
Sold by
Rogulic Jack
Bought by
Rogulic Jack and Rogulic Violet
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in La Grange, IL

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,800,000 None Listed On Document
Mal Holdings Llc $3,500,000 Heritage Title Company
The 2003 Robert Rogulic Irrevocable Tr -- Cti
The 2003 Jack & Violet Rogulic Irrevocab $13,500 Cti
London Lagrange Llc $140,000 Cti
Rogulic Jack -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,380,000
Previous Owner Mal Holdings Llc $2,900,000
Previous Owner London Lagrange Llc $1,400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $57,420 $223,810 $19,081 $204,729
2024 $55,518 $223,810 $19,081 $204,729
2023 $53,314 $223,810 $19,081 $204,729
2022 $53,314 $181,572 $26,019 $155,553
2021 $51,211 $181,572 $26,019 $155,553
2020 $50,123 $181,572 $26,019 $155,553
2019 $29,490 $106,893 $19,947 $86,946
2018 $28,928 $106,893 $19,947 $86,946
2017 $28,163 $106,893 $19,947 $86,946
2016 $38,092 $130,186 $18,213 $111,973
2015 $35,609 $130,186 $18,213 $111,973
2014 $35,047 $130,186 $18,213 $111,973
2013 $35,836 $135,648 $12,575 $123,073
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)
Your Personal Tour Guide

Ask me questions while you tour the home.