1038 S La Grange Road, LA GRANGE IL 60525 Photo 1
Listing Courtesy of Coldwell Banker Residential

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1038 S La Grange Road - Excellent LaGrange Rd exposure! Calif. style business building is home to 2 stores and 4 business offices. Well maintained, fully leased, good numbers. Available with twin north building for $1,060,000. See MLS#09292772. Expense figures given are 50% of owners combined expenses for 1032 and 1038buildings. Many upgrades and improvements listed with rent roll. Economical in size, these units appeal to a variety of tenants. TENANTS PAY own heat and electricity.

Listing information

  • MLS® ID: 09292826
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1962
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $17,263

Features

Air Conditioning Central Individual, Wall Sleeve
Approximate Age 36-50 Years
Backup Info Existing Survey, Rent Roll
Built Before 1978 (Y/N) Yes
Construction Brick
Current Use Commercial
Docks None
Electrical Service Circuit Breakers, Separate Meters
Exterior Building Type Brick
Fire Protection None
Franchisor Feed(y/n) No
Frontage/Access City Street, Public Road
Fuel Expense Source Actual
Geographic Locale East/West Corridor, Southwest Suburban
Heat/Ventilation Electric
Information Listing Agent Must Accompany
Known Encumbrances First Mortgage
Location Central Business District
Other # Of Apts - 0, # Of Offices - 4, # Of Tenants - 6, # Of Units - 6, Approx Total Bldg Sq Ft - 3564, Electricity Expense - 815, Expense Year - 2015, Fuel Expense - 0, Gross Rent Multiplier - 8.25, Gross Rental Income $ - 67917, Insurance Expense - 851, Net Oper Income $ - 45922, Net Operating Income Year - 2015, Other Expenses - 1250, Scavenger Expense - 616, Tax Year - 2015, Total Annual Exp - 21995, Total Annual Income - 67917, Total Monthly Income - 5660, Township - Lyons, Water Expense - 1201, Zoning Type - Commr
Outdoor Parking 19-30 Spaces
Owners Assoc (Y/N) No
Ownership Type Limited Liability Corp
Possession Closing
Potential Use Commercial
Property Type Mixed Use
Roof Coverings Tar and Gravel
Sale Terms Conventional
Tenant Pays Air Conditioning, Electric, Heat
Listing Courtesy of Coldwell Banker Residential