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24 N Kensington Avenue La Grange, IL 60525 Multi Unit - Multiple New

New - 17 Hours Ago
  • 24 N Kensington Avenue , La Grange, IL 60525 Main Photo

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Description

All the charm and vintage character that define quintessential La Grange living come together in this exceptional property. Ideally situated for easy commuting, just a short walk to downtown, and within reach of top-rated schools, this is a rare opportunity in a highly sought-after Historic District location. This spacious five-bedroom two-flat offers flexibility and strong investment potential. The upper unit features three bedrooms and one bath, while the lower unit includes two bedrooms and one bath. Rent both units for solid income, or live in one while renting the other-an ideal way to offset costs while building long-term equity. There is also potential to convert the property into a six-bedroom single-family home or pursue a straightforward value-add or flip opportunity. Both units are bright and inviting, with soaring ceilings, distinctive trim, and charming architectural details that create a warm, home-like atmosphere-more reminiscent of a private residence than a typical apartment. Outdoor living is equally appealing, with a welcoming front porch and a backyard pergola perfect for relaxing or entertaining. The exterior blends low-maintenance vinyl siding and soffits with classic Victorian accents. Recent updates include a new roof (2025), replacement vinyl windows, and remodeled kitchens and baths. Each unit is equipped with its own central air conditioning and high-efficiency furnace. The basement provides separate washer and dryer hookups, tenant storage, and a dedicated owner's storage/workspace complete with a half bath. Additional highlights include a two-car garage with a side work/storage area, attic storage above the garage, and three driveway parking spaces. A truly unique opportunity in a prime location.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 5
Bathrooms: 3
County: Cook
High School: Lyons Twp High School
Listed By:
Coldwell Banker Realty 708-352-4840
MRED MLS
$749,000
Est. $4,804/mo
5beds
3baths
2cars
New to the Market New
BEDS5 BATHS3 full MLS#12621642
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 204

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24 N Kensington Avenue , La Grange, IL 60525.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $749,000$749,000$749,000
Down Payment $149,800$26,215$187,250
Monthly Mortgage Amount $3,544$4,409$4,553
Taxes $1042$1042$1042
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$329$0
Monthly Estimated Total $4,804$5,998$5,813

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