NOT LISTED FOR SALE

27 N Brainard Ave La Grange, IL 60525

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

Westmont Realty, LLC

Co-Listed By

Tripp Butusov

Charles Rutenberg Realty of IL License #475177683

Last Buyer's Agent

Anish Sheth

Third Coast Realty LLC License #475145138

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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $55,518 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11717372

Midwest Real Estate Data (MRED)
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