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$1,249,000

1243 Homestead Road
La Grange Park, Illinois 60525

New / MLS #12631048 / Multiple Family / La Grange Park
Listing information updated 5/8/2026 at 6:03am
Check out this well-maintained 7-unit investment opportunity in desirable La Grange Park. This arm-chair investment property is a strong, stable investment property but also has so much potential upside for a new owner! Each unit includes an assigned parking space, adding tenant convenience and long-term value. Tenants pay their own gas and electric, helping keep operating expenses low. Additional income generated through shared coin laundry. Several units have been recently renovated with modern finishes, including new cabinetry, countertops, and LVP flooring, offering upside in rents while minimizing near-term capital expenditures. Vintage units can be turned in the same fashion to generate more income for the owner and can follow the proven strategy implemented by the owner now. Ownership has consistently maintained the building with annual roof coating and upkeep. Major mechanical updates include a new hot water storage tank (2024) and updated hot water boiler (for hot water, not heating) and piping (2025). Strong location near Brookfield Zoo, public transportation, top rated LT school district, and convenient shopping supports stable tenant demand and long term appreciation.
Exterior Type:
Brick
Basement:
Crawl Space
Water Front:
No
Square Feet:
N/A
Acreage:
0.26
Built:
1960
Cooling System:
Window Unit(s)
Stories:
2
Roof:
Membrane
Current Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$70,875
Unit 1:
4 room(s) / 2 bed(s) / 2 bath(s)
Unit 2:
3 room(s) / 1 bed(s) / 1 bath(s)
Tax Amount:
$12,643
Tax Year:
2024
Zip Code:
60525
City:
La Grange Park
County:
Cook

Listing Office: Forte Properties, Inc.

Listing Office Phone: 708.315.7310

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 5/8/2026 at 6:03am. 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. Some listings have been excluded from this website.

La Grange Park

La Grange Park, IL

The Village of La Grange Park charms residents with its tree-lined streets and natural beauty. Located 16 miles west of The Loop, the community is a popular retreat for commuters working in the city. With over 24 acres of parkland, the Cook County forest preserves, and the Salt Creek Bike Trail, La...
$585,208
Average Sale Price
36
Average Days On The Market
102%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1243 Homestead Road, La Grange Park, IL 60525
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1243 Homestead Road, La Grange Park, IL 60525 is a multiple family currently listed at $1,249,000. This multiple family has been listed on @properties Christie's International Real Estate since May 6th, 2026 and was built in 1960.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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