130 Ln Grange Rd La Grange, IL 60525
- Office Properties & Spaces
- 6,910 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 130 Ln Grange Rd
- Property size
- 6,910 SF
- Property type
- Office Properties & Spaces
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Grange
- County
- Cook
- State
- Illinois
- Longitude
- -87.8704
- Latitude
- 41.819
