NOT LISTED FOR SALE

734 Beach Ave La Grange Park, IL 60526

7 Beds
4 Baths
-- Sq Ft
0.28 Acres

Last Sold April 21, 2023

Last sale price $565,000

2 Days on Market

Highlights

  • 3 Car Detached Garage
  • Forest Road Elementary School Rated A
  • Baseboard Heating

About This Home

As of April 2023

FULLY RENTED, perfect investment opportunity! This turnkey building has two newly updated units and consists of three large two-bedroom apartment units & one large one-bedroom apartments. Two of the units were freshly painted, with new wood floor, doors and appliances in 2022. There is a three-car garage, ample outdoor parking available, and four storage sheds for the tenants. Coin-opp laundry onsite. Newer roof (2017). Great location near major roads and easy highway access and trains! Please note: we do not have photos or a floorplan for #2E. Photos available on request for the other 2 bedroom.

Last Agent to Sell the Property

Leigh Marcus

@properties Christie's International Real Estate License #475125223 Listed on: 02/14/2023

@properties Christie's International Real Estate

Last Buyer's Agent

Amy Duong Kim

Compass License #471005863

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,663

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 63x200

Parking

  • 3 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • English Basement

Schools

  • Lyons Twp High School

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Fuel Expense $1,500
  • Insurance Expense $2,100
  • Maintenance Expense $2,500
  • Trash Expense $2,400
  • Gross Income $51,600
  • Net Operating Income $32,877

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,663

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1964
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: English
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: Finished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • Room: 4

Exterior Features

  • List Price: 575000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 6
  • Number of Cars: 9
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan

Fee Information

  • Trash Expense: 2400
  • Other Expenses $: 1950

Schools

  • High School: Lyons Twp High School
  • Middle/Junior School District: 102

Lot Info

  • Lot Size Acres: 0.28
  • Lot Dimensions: 63X200
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 32877
  • Fuel Expense: 1500
  • Insurance Expense: 2100
  • ElectricExpense: 360
  • GrossIncome: 51600
  • Maintenance Expense: 2500
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8663.34
  • Tax Year: 2021

Range of Values:

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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
04/21/2023 04/21/23 Sold $565,000 -1.7% --
02/17/2023 02/17/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $575,000 +45.9% --
09/29/2015 09/29/15 Sold $394,000 -1.3% --
09/11/2015 09/11/15 Pending -- -- --
09/02/2015 09/02/15 Price Changed $399,000 -7.2% --
08/28/2015 08/28/15 Price Changed $430,000 -2.3% --
07/14/2015 07/14/15 For Sale $440,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11712674

Midwest Real Estate Data (MRED)