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201 Washington Ave , La Grange, IL 60525
$890,000
Est. Payment: $4,775.27/mo
7 Bed
6 Bath
Status: new | Days on site: 3
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18505 - 125740,150943
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House 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!

Highlights

Listed by Yenny Grajales , 773-454-4773 and Adam Balawender , (773) 671-4663 Chicagoland Brokers, Inc. , 773-745-1000. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Year Built

1945

County

Cook

Area

La Grange

School District

102

Listing ID

12791428

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:6
Basement:Finished,Exterior Entry,Full,Walk-Out Access
Water:Public

Exterior Features

Lot:Corner Lot
Lot Dimensions:2400
Garage Capacity:2
Zoning:MULTI
Roof:Asphalt
Sewer:Public Sewer
Parking Features:Garage Door Opener,Yes,Garage Owned,Detached,Garage
Principal Interest
$4,775
Taxes
$950

Home Price

$890,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$178,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,775.27

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,775.27 $950.08 $0.00 $5,725.35
Yearly $57,303.23 $11,401.00 $0.00 $68,704.23
Total $1,719,097.01 $342,030.00 $0.00 $2,061,127.01
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (La Grange, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T02:55:04.000Z

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