921 S La Grange Rd La Grange, IL 60525
Estimated payment $10,176/month
About This Home
Solid 5-Unit Townhouse Investment in La Grange. Exceptional opportunity to own 5 well-maintained townhomes in desirable La Grange. This fully leased income-generating property offers strong rental returns, minimal maintenance, and long-term upside in a stable, sought-after location. Each unit is individually metered, features modern layouts, and attracts quality tenants. Clean, stable, and professionally managed-this is a solid buy for the savvy investor looking for dependable cash flow and long-term upside in high demand rental market
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,502
Year Built
- Built in 1975
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Additional Features
- 2-Story Property
- Lot Dimensions are 100 x 107
- Forced Air Heating and Cooling System
Community Details
Overview
- 5 Units
Building Details
- Insurance Expense $7,200
- Trash Expense $3,240
- Water Sewer Expense $4,500
- Operating Expense $42,442
- Gross Income $135,000
- Net Operating Income $92,558
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $27,503 | $114,768 | $7,758 | $107,010 |
| 2023 | $19,426 | $114,768 | $7,758 | $107,010 |
| 2022 | $19,426 | $68,247 | $6,688 | $61,559 |
| 2021 | $18,654 | $68,246 | $6,687 | $61,559 |
| 2020 | $18,074 | $68,246 | $6,687 | $61,559 |
| 2019 | $21,167 | $79,100 | $6,152 | $72,948 |
| 2018 | $20,902 | $79,100 | $6,152 | $72,948 |
| 2017 | $21,510 | $83,798 | $6,152 | $77,646 |
| 2016 | $18,355 | $78,169 | $5,350 | $72,819 |
| 2015 | $18,141 | $78,169 | $5,350 | $72,819 |
| 2014 | $17,752 | $78,169 | $5,350 | $72,819 |
| 2013 | $16,874 | $76,365 | $5,350 | $71,015 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $1,449,900 | 0.0% | -- |
| 03/27/2025 03/27/25 | Rented | $2,400 | 0.0% | -- |
| 03/12/2025 03/12/25 | For Rent | $2,400 | +2.1% | -- |
| 03/30/2024 03/30/24 | Rented | $2,350 | 0.0% | -- |
| 03/22/2024 03/22/24 | For Rent | $2,350 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $791,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $546,500 | Unknown | |
| Closed | $593,250 | Commercial | |
| Previous Owner | $206,000 | Future Advance Clause Open End Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12375987
APN: 18-09-400-039-0000
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