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Updated Five-Unit Apartment Building
For Sale
Under Contract
$1,199,000

534 S La Grange Road, La Grange, IL 60525

Residential Income, La Grange, IL

Property SizeContact for details
Lot Size0.28 Acres
Days on Market20

Property Features for 534 S La Grange Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 9
Bathrooms 8
Full bathrooms 5
Half bathrooms 3
Rooms Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 8, Bathroom 6, Bedroom 9, Bathroom 3, Bathroom 5, Bedroom 8, Bedroom 7, Bedroom 3, Basement, Bedroom 6, Bathroom 7, Bedroom 4, Bedroom 1, Workshop, Bathroom 1
Parking 7
Parking features Assigned, Owned, Garage
Patio and Porch features Patio
Basement Partially Finished, Full
Subdivision Country Club
Elementary school Spring Ave Elementary School
Middle school Wm F Gurrie Middle School
High school Lyons Twp High School
Elementary school district 105
Middle school district 105
High school district 204
Directions West side of La Grange Rd. between 47th St. and 48th St.
Standard status Active Under Contract
APN 18091070320000
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17552

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Baseboard
Water source Public

Amenities

on-site coin-operated laundry
dedicated tenant storage

Building Details

Year built 1977
Building materials Brick
Roof type Asphalt
Listing Agency: Compass
Listed By: Shannon Kutchek · License #475127216
Added: Aug 17 Changed: Aug 26 Last Checked: Sep 5 at 5:06AM
MLS# 12726804

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 534 S La Grange Road, this 1977 all-brick apartment property includes five units: four residential apartments and a legal non-conforming owner's unit. The 0.28-acre property has been updated with luxury vinyl plank flooring, vinyl windows, renovated kitchens and baths, stainless steel appliances, quartz or granite countertops, updated cabinetry, and walk-in showers. On-site amenities include coin-operated laundry, dedicated tenant storage, a patio, and seven assigned parking spaces consisting of two garage spaces and five exterior spaces.

The property is five blocks from downtown La Grange and the Metra station, with a Pace bus line outside the property. Restaurants, boutiques, parks, and daily conveniences are located in the surrounding area. Public water and public sewer serve the property, which has an asphalt roof and baseboard heating powered by natural gas. Parking-area, driveway, lawn-care, and snow-removal maintenance is coordinated through an HOA formed by owners in the courtyard.

Key Highlights

  • Five‑unit configuration with four residential units and a legal non‑conforming owner's unit
  • 0.28‑acre all‑brick property built in 1977
  • Seven parking spaces: two garage spaces and five exterior spaces

Property Analytics

Current Use

Apartment buildings

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

Demographics for 60525, IL

32,613
Population
12,991
Households
2.5
Avg Household Size
43
Median Age
53%
College-Educated
95%
High-School Grad
13.1 sq mi
ZIP Area
2,490
Density / Sq Mi
$113,718
Median Household Income
$64,082
Median Earnings
$1,475
Median Rent
$422,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All-brick multifamily property with renovated interiors, tenant storage, laundry, and commuter access near downtown La Grange.
Where is this apartment building located?
The property is located at 534 S La Grange Road La Grange, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Five‑unit configuration with four residential units and a legal non‑conforming owner's unit; 0.28‑acre all‑brick property built in 1977; Seven parking spaces: two garage spaces and five exterior spaces
More about this property
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