16 Burlington Ave La Grange, IL 60525
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.
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
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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.