14 Burlington Ave La Grange, IL 60525
This exceptional mixed-use property, located at 10-14 W Burlington Ave in La Grange, IL, presents a compelling value-add investment opportunity. The 12,600 square foot, two-story building boasts a prime location on a corner lot with high daily traffic volume (22,300 vehicles). Built in 1983, the Class B property features a mix of retail and executive office spaces, currently 84.59% occupied by seven tenants, including a long-term Hallmark Gold Crown tenant. The building offers 16 units across its two stories and includes six on-site parking spaces, supplemented by ample street parking. The property benefits from a Gross Lease structure and a favorable C-1CR zoning designation. Its strategic location provides easy access to major roadways (2.3 miles to I-294 and 3.6 miles to I-55), and proximity to the La Grange Metra station ensures convenient commuting to Chicago. The strong tenant base, including the anchor Hallmark tenant, generates a substantial Net Operating Income (NOI) of $93,272.26. The affluent La Grange community, with its high median income ($132,340) and average home value (over $514,000), provides a stable and desirable market for this investment. This property offers a rare opportunity to acquire a well-positioned, income-producing asset in a thriving suburban Chicago location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.