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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

32 Lagrange Rd La Grange, IL 60525

14,066 SF
Property ID
Property summary
AI-generated overview

This fully-built restaurant space in downtown La Grange, Illinois, offers a prime opportunity for a new culinary venture. Located at 32 LaGrange Road, this 14,066 square foot single-tenant property boasts a prominent storefront presence with potential for outdoor seating, ideal for maximizing customer engagement. Currently, 7,033 square feet are vacant, presenting significant space for customization and expansion. The property's lower level is the subject of this listing. Its strategic location in La Grange's vibrant dining district places it steps away from the Metra Station, ensuring convenient access for commuters and patrons alike. The surrounding area is home to a thriving culinary scene, with established restaurants such as fourteensixteen, The Elm, Mana, and Prasino nearby, creating a synergistic environment for success. The Cook County property (APN: 18-04-125-048-0000) has an annual tax cost of $3.28 per square foot. This turnkey restaurant space offers immediate occupancy, minimizing start-up time and maximizing potential returns. The high foot traffic, convenient location, and established culinary neighborhood make this an exceptional opportunity for a discerning restaurateur. Seize this chance to establish your presence in a thriving downtown area.

Property profile
Verified
Property type Retail properties & Spaces
Total area 14,066 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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