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130 Ln Grange Rd La Grange, IL 60525

For Sale
$829,000

Fully Leased, High-Exposure Office Property

Property size:
6,910 SF

Description

Added:
Dec 11, 2024
Days on Market:
370
This exceptional two-story, 6,910 square foot multi-tenant office building is located at 130 N La Grange Rd, La Grange, IL 60525. Currently boasting 100% occupancy and a strong net operating income (NOI) of $53,543, this Class C property offers a compelling 6.50% cap rate at an asking price of $829,000. The building features a diverse tenant mix within a gross lease structure. Situated on a 0.43-acre lot (18,454 sq ft) with ample off-street parking, the property benefits from excellent visibility on La Grange Road and is conveniently located just one block from the La Grange Road Metra station. The building's masonry construction is durable and well-maintained. The property is zoned C-3 General Service Commercial, providing flexibility for future uses. The Cook County Assessor's Parcel Numbers (APN) are 18-04-103-014 and 18-04-103-013. This is a rare opportunity to acquire a fully leased, income-producing asset in a desirable location with significant upside potential. The property's strong tenant base and prime location make it an attractive investment for both seasoned and new investors.

Property Features for 130 Ln Grange Rd

General Information

Property type
Office Properties & Spaces
Square Feet
6,910 SF
Class
C

Building Details

Stories
2

HighLights

  • Fully leased, multi‑tenant office building.
  • Excellent La Grange Road visibility.
  • Diverse tenant mix with gross lease structure.
  • C‑3 General Service Commercial zoning.
  • 0.43‑acre lot (18,454 sq ft) with ample off‑street parking.
  • One block from La Grange Road Metra station.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
La Grange
County
Cook
State
Illinois
Longitude
-87.8703576
Latitude
41.8190188

FAQs

What type of property is this?
Office Property / Space - Fully Leased, High-Exposure Office Property
Where is this office property / space located?
The property is located at 130 Ln Grange Rd La Grange, IL.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Fully leased, multi-tenant office building.; Excellent La Grange Road visibility.; Diverse tenant mix with gross lease structure.
More about this property
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