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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

16 Burlington Ave La Grange, IL 60525

1,950 SF Built 1890
Property ID
Property summary
AI-generated overview

This exceptional 1,950-square-foot storefront, located in the heart of downtown La Grange's vibrant commercial district, presents a unique opportunity for a discerning business owner. Situated at 16 E. Burlington, this single-tenant space boasts impressive historical character, including high ceilings adorned with original tin panels, beautiful hardwood floors, and exposed brick walls. Built in 1890, the property offers a blend of old-world charm and modern functionality. The building does not include elevators. The property benefits from excellent visibility and high foot traffic due to its prime location on La Grange Road and Burlington Avenue. The C-1 zoning allows for a variety of retail and service businesses. A full basement is included, adding significant storage or expansion potential. Cook County taxes are $7.25 per square foot. The property's location in the desirable La Grange submarket ensures a strong customer base and significant potential for growth. This is an ideal space for a business seeking a unique and highly visible location in a thriving community. An alley provides convenient access to the rear of the property. This is a rare opportunity to establish a business in a highly sought-after downtown location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1890
Total area 1,950 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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