1041 S LaGrange Rd - Commercial LAND FOR SALE


La Grange, IL 60525 37,462 SF
$2,700,000 USD
630-778-5800
1041 S LaGrange Rd, La Grange, IL for Sale
$2,700,000 USD
Commercial LAND - FOR SALE
1/1
37,462 SF

1041 S LaGrange Rd
La Grange, IL 60525


HIGHLIGHTS

  • Fully assembled four-parcel site - no further ownership negotiation required
  • High-visibility corridor location, ± vehicles per day on South LaGrange Rd
  • Near-corner position at S. LaGrange Rd & Plainfield Rd
  • Engineered civil concept in hand (Jacob & Hefner Assoc.), including stormwater detention design
  • C-3 commercial zoning already in place on the LaGrange Rd frontage parcels
  • Redevelopment flexibility - site has been evaluated for commercial, drive-thru, and mixed-use concepts

OVERVIEW

OFFERING SUMMARY Offered at $2,700,000 ($675,000/parcel; approximately $3,139,535/acre) for a four-parcel assemblage totaling ±0.86 acres: 1041 & 1043 S. La Grange Rd. and 1046 & 1050 6th Ave., La Grange, IL 60525. All four parcels are being sold together as an assembled unit and are not available individually. CURRENT CONDITION Site is currently improved with four residential rental structures (2 single-family detached on 6th Ave., 1 triplex and 1 duplex on La Grange Rd.; 7 units total, approximately 6,030 SF combined), all currently occupied. Disposition of tenancy and timing of vacancy/demolition to be negotiated with purchaser. ZONING 1041 & 1043 S. La Grange Rd. are zoned C-3 (General Service Commercial). 1046 & 1050 6th Ave. are zoned R-4 (Single-Family Residential) and would require rezoning to a commercial classification to support unified redevelopment and to be used for required parking. OFFERING SUMMARY Offered at $2,700,000 ($675,000/parcel; approximately $3,139,535/acre) for a four-parcel assemblage totaling ±0.86 acres: 1041 & 1043 S. La Grange Rd. and 1046 & 1050 6th Ave., La Grange, IL 60525. All four parcels are being sold together as an assembled unit and are not available individually. CURRENT CONDITION Site is currently improved with four residential rental structures (2 single-family detached on 6th Ave., 1 triplex and 1 duplex on La Grange Rd.; 7 units total, approximately 6,030 SF combined), all currently occupied. Disposition of tenancy and timing of vacancy/demolition to be negotiated with purchaser. ZONING 1041 & 1043 S. La Grange Rd. are zoned C-3 (General Service Commercial). 1046 & 1050 6th Ave. are zoned R-4 (Single-Family Residential) and would require rezoning to a commercial classification to support unified redevelopment and to be used for required parking. REDEVELOPMENT FLEXIBILITY The site is being marketed for consideration of multiple concepts: (1) a 7,200 SF commercial/retail building per an engineered concept site plan (Jacob & Hefner Associates, 3/27/2026), flexible for a single user or 2-3 smaller tenants; (2) an alternative ±3,000 SF single-tenant drive-thru concept on a reduced, unengineered footprint; or (3) a mixed-use concept with ground-floor commercial and residential above, consistent with concepts discussed in the Village's advisory Corridor Plan. ENTITLEMENT STATUS Buyer is responsible for all zoning, entitlement, and Village of La Grange approvals required for any redevelopment concept. The 6th Ave. parcels require rezoning from residential to commercial. A drive-thru use would additionally require a discretionary Special Use Permit. No formal application has been submitted to the Village as of this listing. The engineered concept site plan has not been submitted to or approved by the Village, including as to a platted alley the parking layout appears to cross; no alley vacation has been requested or approved. CORRIDOR PLANNING CONTEXT The site is located within the study area of the Village's South La Grange Road Corridor Plan, an advisory planning document prepared with CMAP and presented to the Village Board on July 13, 2026. This Plan has NOT been formally adopted by the Village, and the corridor is not included among specific redevelopment opportunity sites identified elsewhere in Village planning documents. Seller makes no representation as to Village approval, adoption status of any referenced planning document, or entitlement outcome. DUE DILIGENCE MATERIALS A full underwriting package - including civil engineering concept plans, zoning analysis, comparable sales data, and market data - is available to qualified buyers upon request. Contact listing broker for showings, offers, or additional due diligence materials. CONTACT Michelle Falesch, Broker - Keller Williams Infinity 630.272.1798 michelle.falesch@kw.com

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/ACRE

$3,139,535/AC

PRICE/SF

$72 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Fast Food, Parking Lot, Restaurant

LAND ACRES

0.86 AC

LAND SF

37,462 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone

ZONING

C-3 & R-4

APN/PARCEL ID

18-09-404-016-0000,18-09-404-034-0000,18-09-404-035-0000,18-09-404-036-0000,18-09-404-037-0000,18-09-404-038-0000,18-09-404-039-0000,18-09-404-063-0000

ASK ABOUT THIS PROPERTY

Michelle FaleschKeller Williams CommercialMore Info
630-778-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michelle FaleschKeller Williams CommercialMore Info
630-778-5800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.