702 E Lincoln Avenue, La Grange, IL 60525

$890,000
  • 702 E Lincoln Avenue, La Grange, IL 60525 Main Photo

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New to the Market New
BEDS7 BATHS5 full 1 partial SQUARE FEET2,404 MLS#12793864
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 204

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!

702 E Lincoln Avenue | MLS# 12793864

This single family home located at 702 E Lincoln Avenue, La Grange, IL 60525 is currently listed for sale with an asking price of $890,000. This property was built in 1946 and has 7 bedrooms and 5 full and 1 partial baths with 2404 sq. ft. E Lincoln Avenue is located within the District 204 school district. Search La Grange real estate on www.gogambino.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Finished, Exterior Entry, Full
Cooling: Central Air
Garage: 2
Heating: Gas
Home Style: Row House
Lot Size: 2,400
Taxes: $11,401
Year Built: 1946

Feature Descriptions

Additional rooms: Bedroom 5,Bedroom 6,Bedroom 7,Kitchen, Family Room
Association Includes: None
Exterior: Brick
Lot Dimensions: 2400
Parcel#: 18042370010000
Parking: Yes, Detached, Garage
Sewer: Public Sewer
Total Rooms: 12
Township: Lyons
Water: Public

Room Sizes

Bedroom 5: 11X11
Bedroom 6: 11X11
Bedroom 7: 11X11
Kitchen- 2nd: 20X20
Family Room - Down: 20X20
Bedroom 2: 11X11
Bedroom 3: 11X11
Bedroom 4: 15X12
Dining Room: 11X9
Kitchen: 11X9
Laundry: 10X8
Living Room: 15X12
Primary Bedroom: 15X12

Local Schools

High School: Lyons Twp High School
School District: District 204

Listed By / Shown By

Listed By

Agency Name: Chicagoland Brokers, Inc.
Agency Phone: 773-745-1000

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 5,252.32 per month $4,042.66 Principal & Interest $950.08 Property Tax $259.58 Homeowner's Insurance

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