201 Washington AVE, La Grange, IL 60525
201 Washington AVE, La Grange, IL 60525
201 Washington AVE, La Grange, IL 60525
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$890,000
Est. payment /mo
7 Beds
6 Baths
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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12791428

Style Georgian

Bedrooms 7

Year Built 1945

Annual Tax Amount $11,401

Tax Year 2025

Lot Dimensions 2400

Property Sub-Type Two to Four Units

Property Description

TWO ADDRESSES. TWO PINs. ONE EXCEPTIONAL OPPORTUNITY! Why choose between a beautiful home and an income-producing investment when you can have both? Welcome to 201 Washington Avenue and 702 E. Lincoln Avenue, a unique property in desirable La Grange offering remarkable versatility, extensive upgrades, and an excellent location! This classic brick, side-by-side duplex features two separate residences with private entrances, offered together as one package. The larger residence has undergone an extensive renovation, featuring a beautifully redesigned kitchen with shaker-style cabinetry, stainless steel appliances, quartz countertops, and a spacious center island. Updated flooring, remodeled bathrooms, and a new heating and cooling system complete the transformation. Both residences benefit from updated electrical and plumbing systems. The adjoining two-story, townhome-style residence features its own entrance and basement, providing an excellent opportunity for additional rental income while maintaining privacy and independence. Together, the residences offer 7 bedrooms, 51/2 full bathrooms, and a detached brick two-car garage. The possibilities are impressive! Enjoy the beautifully remodeled larger home while collecting income from the adjoining residence, rent both units as an investment, accommodate extended family in separate living spaces, or explore combining the residences into one larger home, subject to Village approvals. And the location adds even more value! Situated on a corner lot in established La Grange, the property offers convenient access to vibrant downtown La Grange, known for its restaurants, boutiques, coffee shops, and entertainment. Nearby Metra BNSF stations provide connections to downtown Chicago, while Ogden Avenue, La Grange Road, I-294, I-290, and I-55 offer excellent regional accessibility. Trader Joe's, shopping, parks, and recreational facilities are all nearby. The property is served by La Grange School District 102 and Lyons Township High School District 204. A BEAUTIFUL HOME, AN INCOME OPPORTUNITY, OR BOTH! An exceptional combination of comfortable living, investment potential, and flexibility in one desirable location. Both addresses and PINs are included and sold together as one package. Schedule a showing today!

Location

State IL

County Cook

Area La Grange

Zoning MULTI

Rooms

Basement Finished, Exterior Entry, Full, Walk-Out Access

Interior

Heating Gas

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 102 , 102, 204

Others

Ownership Fee Simple

Special Listing Condition None


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Midwest Real Estate Data (MRED) IDX
Listed by Yenny Grajales of  Chicagoland Brokers, Inc. 
Nearby Locations

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Doug Anderson

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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201 Washington AVE