Listing Agency: CBRE | Chicago m***@cbre.com Show Phone

Listed By: Marcy Wood Show Phone

Source: Cbre

Added: Jun 2 Changed: Aug 30 Last Checked: Aug 31 at 1:23PM

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Investment Insights

Based on property information with market context.

Retail space located at 545 Sherwood Road in La Grange Park, Illinois. The property is positioned along LaGrange Road, also identified as Hwy 45, a major roadway that bisects the surrounding residential population.

Key Highlights

• Retail space at 545 Sherwood Road, La Grange Park, IL 60526
• Property size: 56628
• Located along LaGrange Road (Hwy 45)

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Cosmetic Store Carpet & Flooring Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

631

Businesses Nearby

Explore this area Business Placement

Demographics for 60526, IL

13,810

Population

5,474

Households

2.5

Avg Household Size

43

Median Age

60%

College-Educated

96%

High-School Grad

3.9 sq mi

ZIP Area

3,541

Density / Sq Mi

$118,831

Median Household Income

$62,481

Median Earnings

$1,413

Median Rent

$427,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space positioned along LaGrange Road in a densely populated residential setting.

Where is this retail space located?

The property is located at 545 Sherwood Road La Grange Park, IL.

What are key features of this property?

This property features: Retail space at 545 Sherwood Road, La Grange Park, IL 60526; Property size: 56628; Located along LaGrange Road (Hwy 45)