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711 W Hillgrove Avenue La Grange, IL 60525

$950,000
New / MLS# 12667757 / Commercial - Business / La Grange
0 Beds

Exceptional opportunity to own a fully renovated mixed-use building in the heart of downtown La Grange. Situated on a 5,841 SF lot, the property features approximately 3,279 square feet above grade (excluding the basement), including a beautifully updated 1,435 SF street-level commercial space currently operating as a salon, along with two second-floor residential apartments totaling approximately 1,354 SF. This property has undergone more than $275,000 in recent improvements, including a full apartment renovation completed in 2025, new AC unit and water heater in 2024, exterior tuckpointing and brick cleaning, salon build-out upgrades, enhanced plumbing, lighting improvements, and updated mechanicals. Additional features include a wired music system throughout the salon, a 7-camera security system, washer/dryer hookups in the basement and retail space, an in-unit washer and dryer in the two-bedroom apartment, Culligan reverse osmosis systems, an illuminated rear parking lot, and 11 on-site parking spaces-an extremely rare amenity in downtown La Grange. Ideal for an owner-user seeking to operate their business on the first floor while generating supplemental income from the residential units above. Low 2023 real estate taxes of approximately $11,908 further enhance the appeal of this unique investment opportunity.

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Property Details

Property Type: Commercial - Business
Cooling: Central Air, Window Unit(s)
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $11,908
Year Built: 1901

Feature Descriptions

Electric: Circuit Breakers
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors, Sprinklers-Wet, Carbon Monoxide Detector(s)
HVAC: Forced Air, Hot Water
Lot Dimensions: 33X179X34X186
Parcel#: 18041120500000
Parking: 6-12 Spaces
Units: 3

Location

See details and scored characteristics about this location.

Listing Office: Coldwell Banker Real Estate Group

Listing Office Phone: 708-273-5342



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