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1243 Homestead Road

La Grange Park, IL 60525

1243 Homestead Road, La Grange Park, IL 60525 — exterior front view
1243 Homestead Road, La Grange Park, IL 60525 — exterior view
1243 Homestead Road, La Grange Park, IL 60525 — exterior view

1243 Homestead Road

La Grange Park, IL

$1,195,000

ActiveMLS #MRD12631048

1243 Homestead Road

La Grange Park, IL 60525

$1,195,000

Reduced $54,000

List Price

Studio

Layout

About This Property

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 m...

Property Details

Key Facts

Overview
Property TypeCommercial Sale
BedroomsStudio
Days on Market71
Building
StyleOther
Year Built1960
Lot Size0.26 Acres
CountyCook
CoolingWindow Unit(s)
BasementCrawl Space
ExteriorBrick
FoundationBrick/Mortar
RoofMembrane
WaterMunicipal Water
Lot Size0.26 Acres
Lot Dimensions99111
MLS #MRD12631048
Days on Market71
List DateMay 6, 2026
StatusActive
Annual Taxes$12,644
Listing Courtesy OfForte Properties, Inc.

Price reduced

$1,195,000

$54,000

Jun 4, 2026

Listed for sale

MLS #MRD12631048

$1,249,000

May 6, 2026

Mortgage Estimate

$7,096

/month
Principal & Interest
$6,043
Property Taxes
$1,054
20% · $239,000
6.5%

Location

La Grange Park · 1243 Homestead Road, La Grange Park, IL 60525

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1243 Homestead Road, La Grange Park, IL 60525

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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.

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