534 South La Grange Road

Off Market

534 South La Grange Road

La Grange IL 60525

0.28 ac.

Multi-Family

Last sold for $1,199,000

Shannon Kutchek, last sold this property on 15 October 2026 after 57 days on market.

Overview

Positioned in one of Chicago's most desirable suburban rental markets, this solid all-brick, thoroughly updated, five-unit investment property (four residential units plus a legal non-conforming owner's unit) offers immediate income with exceptional long-term potential. Well-maintained, recently updated and consistently occupied, the building provides a strong foundation for investors seeking dependable cash flow in a location where rental demand remains high. Just five blocks from vibrant downtown La Grange and the Metra station, with the Pace bus line just outside, residents enjoy an unbeatable commuter-friendly location with easy access to restaurants, boutiques, parks, and everyday conveniences. The property can generate more than $9,000 in monthly rental income, with additional revenue from seven parking spaces, including two garage spaces and five exterior spaces. (One unit is currently vacant to facilitate showing the property.) On-site coin-operated laundry, dedicated tenant storage and the additional owner's unit add further value and convenience. Recent updates include low-maintenance luxury vinyl plank floors and new vinyl windows throughout. All kitchens and baths have been renovated with new cabinetry, quartz or granite countertops, stainless steel sinks and appliances and new bathroom tile, vanities, and walk-in showers. An HOA was formed by the building owners in this attractive courtyard of properties in order to maintain the driveways and parking area, lawn care and snow removal. The dues are reasonable and allow for a consistent, cared-for appearance throughout without all the extra work. Located within a top-rated school district and surrounded by the charm and amenities that make La Grange so desirable, this is a rare chance to own a turnkey multifamily asset with stable income today and room to grow tomorrow. Whether you're adding to an established portfolio or purchasing your first investment property, this is an opportunity that combines location, stability, and a future upside in a turnkey building that will generate broad appeal for qualified tenants. (FLOOR PLAN FOR 3 BR UNIT IS STILL IN PROGRESS)

Features

9 bedrooms

8 bathrooms

7 carspaces

2 garage spaces

0.28 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar 9 bedroom multi families sold in La Grange over the last 12 months.

Property history for 534 South La Grange Road

2026

Sold

$1,199,000

15 Oct 2026 by Shannon Kutchek, of Compass

2017

Sold

$510,000

18 Jan 2017 by Aleksandra Stojanovic Terpo, of Keller Williams Preferred Rlty

Happy sellers in La Grange

94%

94% of sellers in La Grange reported that their sale price either exceeded or met their price expectations.

La Grange stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in La Grange over the last 12 months.

Local market activity for 9 bedroom multi families in La Grange

In the last 12 months, 1 nine-bedroom multi family similar to 534 South La Grange Road, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in La Grange for a market analysis.

Linda Feinstein

at Compass Signature Homes

(141 reviews)

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Cathy Bier

at Coldwell Banker Realty

(71 reviews)

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Steve Jasinski

at Berkshire Hathaway HomeServices Chicago

(2 reviews)

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Anne Monckton

at Baird & Warner La Grange

(10 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in La Grange

Linda Feinstein

Sellers who recommend Linda Feinstein have praised them for being local expert, responsive, reliable, clear communication, supportive, great negotiation, and detail-oriented