$1,400,000
SOLD OCT 3, 2025

921 S La Grange Rd La Grange, IL 60525

-- Bed
-- Bath
1,406 Sq Ft
1975 Built

Recently Sold

$996 Per Sq Ft

3% Below List Price

60 Days on Market

About This Home

As of October 2025

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

Last Agent to Sell the Property

Oleg Komarnytskyy

KOMAR License #471021311 Listed on: 05/29/2025

Last Buyer's Agent

Anish Sheth

Third Coast Realty LLC License #475145138

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

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,502

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 1975
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Indoor Parking: 6-12 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air

Condo/Co-op/Association

  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 3240
  • Water Sewer Expenses: 4500

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 100 X 107

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 10
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 92558
  • Insurance Expense: 7200
  • GrossIncome: 135000
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 42442
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 27502
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Oct 3, 2025
Sold by
Cano Real Estate Llc
Bought by
Cochi Llc
Seller's Agent
Oleg Komarnytskyy
KOMAR
Buyer's Agent
Anish Sheth
Third Coast Realty LLC
List Price
$1,449,900
Sold Price
$1,400,000
Premium/Discount to List
-$49,900
-3.44%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-92.35%
Original Mortgage
$1,278,000
Outstanding Balance
$1,259,954
Interest Rate
6.58%
Mortgage Type
Construction
Estimated Equity
-$257,676

Purchase Details

Closed on
Jan 12, 2018
Sold by
Adams George L
Bought by
Homesalenow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,250
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2013
Sold by
Adams George L
Bought by
Adams George L and George L Adams Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,400,000 None Listed On Document
Deed $791,000 Chicago Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,278,000 Construction
Previous Owner $593,250 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Sold $1,400,000 -3.4% $996 / Sq Ft
07/28/2025 07/28/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $1,449,900 0.0% $1,031 / Sq Ft
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 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12375987

Midwest Real Estate Data (MRED)

APN: 18-09-400-039-0000