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    13029 S La Grange Rd Palos Park, IL 60464

    For Lease
    $35 SF/Yr ($4,083 /Mo)

    1400 SF turn key restaurant with ample parking.

    Property size:
    1,400 SF
    Lot size:
    1.40 Acres

    Property Features for 13029 S La Grange Rd

    General Information

    Size
    1,400 SF
    Lot size
    1.40 Acres

    Source: Latitude Commercial Agent Myles Rapchak

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn Key Restaurant For Rent

    This 1400 square foot turn key restaurant is available for rent. It features a new hood and walk-in freezer. The property benefits from an excellent mix of co-tenants and ample parking shared with Walgreens, which brings significant traffic to the center. It is located on LaGrange Road, which has traffic counts of over 32,500 vehicles per day. The property is situated across the street from Carl Sandburg High School, which has an enrollment of over 2,800 students. A long-term sublease with options is available.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dunkin' Bakery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palos Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8531419
    Latitude
    41.6533522

    FAQs

    What type of property is this?
    Turn key restaurant - 1400 SF turn key restaurant with ample parking.
    Where is this turn key restaurant located?
    The property is located at 13029 S La Grange Rd Palos Park, IL.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Turn Key Restaurant (1400 SF) ready for your concept.; - Ample parking shared with Walgreens, bringing great traffic.; - Excellent traffic counts on LaGrange (over 32,500 VPD).
    (219) 308-3553
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    13029 S La Grange Rd Palos Park, IL 60464
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    Palos Park, IL 60464
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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
    13029 S La Grange Rd Palos Park, IL 60464
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