7-Unit Multifamily Building with
1243 Homestead Road La Grange Park, IL 60526
1243 Homestead Road, La Grange Park, IL, 60526
$1,249,000
For Sale
$1,249,000
Well-maintained 7-unit property with assigned parking for each unit, tenant-paid gas/electric, and shared coin laundry.
Property Size11,062 SF
Price / SF$112.91
Days on Market79
Property Features for 1243 Homestead Road
General Information
- Standard status
- Active
- Size
- 11,062 SF
- Property subtype
- Multi Family 5+ / Multi Family 5+-Other
Building Details
- Year Built
- 1960
Listing agency
Forte Properties, Inc.
(708) 315-7310
Listed by
John Warren · License #471020680
(708) 315-7310
Source
Compass
Added: May 5 Updated: Jul 21 at 1:02PM Checked: Jul 21 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Forte Properties, Inc.
Investment Insights
Based on property information with market context.
This well-maintained 7-unit multifamily building offers practical, income-oriented features. Each unit has an assigned parking space, and tenants pay their own gas and electric. Additional on-site revenue is generated through shared coin laundry.
Several units have been recently renovated with modern finishes, including new cabinetry, countertops, and LVP flooring. The building’s exterior and systems have also been actively maintained, including annual roof coating and general upkeep.
Recent major mechanical improvements include a new hot water storage tank installed in 2024, along with updated hot water boiler and piping in 2025. The property is located near Brookfield Zoo, public transportation, convenient shopping, and the LT school district, supporting consistent tenant demand.
Several units have been recently renovated with modern finishes, including new cabinetry, countertops, and LVP flooring. The building’s exterior and systems have also been actively maintained, including annual roof coating and general upkeep.
Recent major mechanical improvements include a new hot water storage tank installed in 2024, along with updated hot water boiler and piping in 2025. The property is located near Brookfield Zoo, public transportation, convenient shopping, and the LT school district, supporting consistent tenant demand.
Key Highlights
- Well‑maintained 7‑unit investment property built in 1960
- Each unit includes an assigned parking space
- Tenants pay their own gas and electric to help keep operating expenses down
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Well-maintained 7-unit property with assigned parking for each unit, tenant-paid gas/electric, and shared coin laundry.
Where is this apartment building located?
The property is located at 1243 Homestead Road La Grange Park, IL.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Well‑maintained 7‑unit investment property built in 1960; Each unit includes an assigned parking space; Tenants pay their own gas and electric to help keep operating expenses down
