Commercial Real Estate Market in La Grange Pk, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 343 off-market properties in La Grange Pk, IL.
Market Trends
La Grange Pk, IL spans 3.9 square miles in Cook County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in La Grange Pk, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in La Grange Pk, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in La Grange Pk, IL runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in La Grange Pk, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
La Grange Pk, IL has 13,810 residents in 5,474 households. Density runs 3,557 people per square mile. Median household income here is $118,831 and median gross rent $1,413 a month.
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
3,557
Density / Sq Mi
$118,831
Median Household Income
$62,481
Median Earnings
$1,413
Median Rent
$427,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Brookfield | — | — |
| Broadview | — | $17.16 |
| North Riverside | — | — |
| Hines | — | — |
Commercial property in La Grange Pk, IL asks $301/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in La Grange Pk?
Commercial property in La Grange Pk, IL asks an average of $301 per square foot.
Where does Realmo's La Grange Pk market data come from?
Realmo compiles La Grange Pk, IL figures from 6 recent recorded sales, 7 active sale listings, 5 active lease listings, 343 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 5 active for-lease listings in La Grange Pk, IL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
