635-643 S La Grange Rd - Storefront FOR SALE


La Grange, IL 60525
$720,000 USD
708-217-3297
635-643 S La Grange Rd, La Grange, IL for Sale
$720,000 USD
Storefront - FOR SALE
1/16
null | Request Cap Rate

635-643 S La Grange Rd
La Grange, IL 60525


HIGHLIGHTS

  • Prime LaGrange Road frontage with high traffic counts
  • Fully leased multi-tenant building generating strong income
  • Located in an affluent, high-demand suburban market
  • Flexible C-3 zoning supports multiple future uses
  • Excellent connectivity to I-55 and I-294 for regional access

OVERVIEW

Positioned along the highly visible LaGrange Road corridor, this fully leased multi-tenant commercial property offers a rare investment opportunity in one of Chicago’s most desirable suburban markets. Constructed in the 1950s with durable masonry, the building spans 12,600 square feet on a 12,500-square-foot site, delivering strong curb appeal and excellent exposure to over 26,000 vehicles daily. The property benefits from C-3 commercial zoning, allowing for a wide range of potential uses and future adaptability. The asset features a diverse tenant mix, ensuring stable income streams and reducing vacancy risk. With a gross annual income of $140,640 and a competitive asking price of $810,000, this property presents an attractive cap rate for investors seeking long-term value. Surrounding demographics underscore the strength of the location: within a 3-mile radius, the population exceeds 100,000 with an average household income of $138,826, signaling robust consumer spending power. LaGrange is a vibrant community known for its walkable downtown, affluent neighborhoods, and proximity to major transportation routes. The property’s strategic location offers easy access to I-55 and I-294, connecting tenants and customers to the broader Chicago metropolitan area. Whether you’re an investor seeking steady returns or a user looking for a prime location, this property delivers exceptional visibility, strong fundamentals, and enduring market appeal. CALL BROKER FOR RENT ROLL.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,600 SF

ZONING

C-3

APN/PARCEL ID

18-09-204-018-0000,18-09-204-019-0000

ASK ABOUT THIS PROPERTY

Daniel ChoppChopp Commercial Properties LLCMore Info
708-217-3297

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Daniel ChoppChopp Commercial Properties LLCMore Info
708-217-3297

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