About This Home

This 7-bedroom, 6-bathroom residential multi family at 201 Washington Avenue in La Grange, IL is listed for $890,000. Built in 1945, on a N/A lot.

Key Features

  • Built in 1945
  • 2 parking spaces

Property Details

5 full, 1 half
2-car garage
1945
Listing 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!

Monthly Cost Estimate

$4,760/mo

20% down · 6.5% · 30 years

Principal$644
Interest$3,857
Insurance$260

Estimates only. Actual payments may vary.

Location

201 Washington Avenue

La Grange, IL 60525

Property Details

Construction

Brick

Parking

GarageOpen

Heating

Natural Gas

Questions & Answers

This 7-bedroom, 6-bathroom residential multi family at 201 Washington Avenue is listed at $890,000. The estimated monthly payment is $4,760 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 2 parking spaces.

This property is listed by Yenny Grajales.

YG

Yenny Grajales

Agent at Chicagoland Brokers Inc.

Listed by Chicagoland Brokers Inc. · Broker phone: (773) 745-1000 · View on Broker Site · Broker website

MLS# 12791428· Source: Midwest Real Estate Data, LLC· 11 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

201 Washington Avenue, La Grange, IL 60525

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