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    LaGrange Multi-Tenant Retail/Office Building Title is generated by Realmo AI

    18 W Burlington Ave, La Grange, IL 60525

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    Leased multi-tenant office and retail building in LaGrange, Illinois.

    Type:Retail, Office
    Property size:
    10,525 SF
    Price / SF:
    $123/SF
    Added:
    Jan 16, 2024
    Days on Market:
    902
    Last Refresh:
    Jul 5 at 5:26 am

    Property Features for 18 W Burlington Ave

    General Information

    Standard status
    Active
    Size
    10,525 SF
    Property subtype
    Retail, Office

    Building Details

    Year Built
    1985

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    Tony Russo
    Tony Russo

    Listing office Lee & Associates - Chicago

    Listing date Jan 16, 2024

    Source Crexi

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

    All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Chicago

    HighLights

    • Prime real estate location directly across from the LaGrange METRA Rail Station with direct‑express service to Chicago.
    • Potential for conversion of the second‑floor office space to multifamily residential.
    • Located in an affluent suburban‑Chicago community with a high median income and home values.
    • Long‑term leases in place with stable tenants on the first floor.
    • Excellent curb appeal and proximity to upscale amenities (restaurants, bars, coffee shops, parks).
    • High daily traffic count (22,300 cars per day) at the corner of La Grange Rd and Burlington Ave.

    Overview

    Located at 18 Burlington Avenue in LaGrange, Illinois, this multi-tenant building features first-floor retail space and second-floor executive offices. The property is leased to long-term tenants on the first floor. The office tenant on the second floor and partial first floor will vacate, presenting an opportunity for an owner-user or a long-term lease for an investor. The property also offers the potential to convert the second-floor office space into multifamily residential units, given its transit-oriented location and market demand. The building is directly across the street from the LaGrange METRA Rail Station, which provides daily direct-express service to Chicago. The property is located 18 miles from Downtown Chicago, 17 miles from O’Hare Airport, and 10 miles from Midway Airport. The brick facade property is currently occupied by Club Pilates and Peak Running on the first floor, totaling 5,176 square feet, with 5,287 square feet of executive office space on the second floor. The building is situated on the corner of La Grange Road and Burlington Avenue, experiencing a daily traffic count of 22,300 cars per day. The surrounding area includes restaurants, bars, coffee shops, parks, and apartment buildings. The median income within a one-mile radius is $132,340, and the average home value is over $514,000.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Auto Parts Store Big Box & Wholesale Store Restaurant Pharmacy Hotel & Motel Department Store Storage Facility Garden Center Car Rental Facility Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    La Grange
    County
    Cook
    State
    Illinois
    Longitude
    -87.8717
    Latitude
    41.7814

    FAQs

    What type of property is this?
    Mixed-use property - Leased multi-tenant office and retail building in LaGrange, Illinois.
    Where is this mixed-use property located?
    The property is located at 18 W Burlington Ave La Grange, IL.
    What is the asking price?
    The asking price for this property is $1,297,000.
    What are key features of this property?
    This property features: Prime real estate location directly across from the LaGrange METRA Rail Station with direct‑express service to Chicago.; Potential for conversion of the second‑floor office space to multifamily residential.; Located in an affluent suburban‑Chicago community with a high median income and home values.
    More about this property
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