505 S La Grange Road, La Grange, IL 60525
- Added:
- Jun 16, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 18 at 9:06 am
Property Features for 505 S La Grange Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- COMMR
- Standard status
- Active
- APN
- 18092000060000
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 49211
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick
Listing agent Nick Libert License #471016048 (312) 493-0920
Listing office EXIT Strategy Realty 2935 N. Clark St., Chicago, IL (312) 554-5478
Listing date Jun 16, 2026
Copyright © 2026 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.
HighLights
- Brick mixed‑use building on S. La Grange Rd built in 1960 with central air
- Extensive renovations include new flooring, fresh paint, recessed LED lighting, updated layouts, and modern office finishes
- All four bathrooms fully renovated with new fixtures and plumbing upgrades per Village of La Grange occupancy standards
- Income‑producing setup: 5 leased units generating positive cash flow plus 5 additional available suites for lease‑up potential
- Lower‑level suite offers a nearly full‑service kitchen (dishwasher, microwave, full‑size double‑door refrigerator) and large‑format TVs
- Security and access features include a 24‑hour closed‑circuit camera system and a newly installed black monument‑style pylon sign; dedicated on‑site parking lot with easement rights
Overview
The property is positioned directly along a heavily traveled commercial corridor in Chicago’s western suburbs, with high-visibility frontage on La Grange Road. Convenient access is highlighted to I-55, I-290, and I-294, and the area includes two nearby Metra BNSF stations. The building is further supported by a comprehensive 24-hour closed-circuit camera system monitoring entrances and the building perimeter, and outdoor visibility is enhanced by a newly installed black monument-style pylon sign.
Five leased units currently generate positive cash flow, while five additional suites are available to support future leasing. With zoning listed as COMMR and a dedicated on-site parking lot with easement rights included in the sale, the property is well suited for investors seeking an income-producing, renovated asset as well as owner-users looking to establish a professional presence with multiple suite configurations.
Current Use by Public Records
Map
- City
- La Grange
- County
- Cook
- State
- Illinois
- Longitude
- -87.8717
- Latitude
- 41.7814