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    505 S Ln Grange Rd La Grange, IL 60525

    For Lease
    $36 SF/Yr

    Other - La Grange, IL

    Days on Market:
    271
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 505 S Ln Grange Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1960
    Number of units
    10
    Architectural style
    Other

    Exit Strategy Realty (312) 493-0920 [email protected]

    Listing agent Rosalba Melendres (312) 554-5478 License #475184680

    Listing date Mar 10, 2025

    MLS# 12292568 Listing URL

    Copyright © 2025 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.

    Overview

    La Grange Mixed-Use Building

    This mixed-use building is located on La Grange Road in La Grange, Illinois. The highly visible property is suitable for office and retail use. Suites are located on the second floor of the building, which does not have an elevator. Leases are for 9-11 months. Different size suites are available at different prices; some include all utilities, including WIFI.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    La Grange
    County
    Cook
    State
    Illinois
    Longitude
    -87.8717
    Latitude
    41.7814

    Nearby Similar for Lease

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      LaGrange Road Mixed-Use Property

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      La Grange Retail Spaces Available

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    FAQs

    What type of property is this?
    Mixed-use property - Office and retail suites available in La Grange, Illinois.
    Where is this mixed-use property located?
    The property is located at 505 S Ln Grange Rd La Grange, IL.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible property suitable for office and retail.; - Suites available in different sizes and prices.; - Some suites include all utilities, including WIFI.
    (312) 554-5478
    Request Owner's contact information
    505 S Ln Grange Rd La Grange, IL 60525
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 S Ln Grange Rd La Grange, IL 60525
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