Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 18 Burlington Ave
- Year built
- 1985
- Property type
- Retail properties & Spaces
- Property subtype
- Office Spaces
Description
This fee-simple 10,525 square foot building in La Grange, Illinois, presents a unique investment opportunity. Located at 18 W Burlington Ave, this multi-tenant property features 5,176 square feet of first-floor retail space currently occupied by Club Pilates and Peak Running, and 5,287 square feet of second-floor executive offices. The building boasts 100% occupancy with long-term leases in place. The property offers potential for owner-user occupancy or a sale-leaseback arrangement, with the possibility of converting the second floor to residential use given the high demand and transit-oriented location. Situated across from the La Grange Metra station, providing direct access to Chicago, the property benefits from high visibility and daily traffic counts of 22,300 vehicles. The building features six parking spaces and is zoned C-1CR. Built in 1985, the property is fully sprinklered and enjoys exceptional curb appeal in a thriving community with a median income exceeding $132,340 and average home values over $514,000. Its proximity to major highways (2.3 miles to I-294, 3.6 miles to I-55), O'Hare (17 miles), and Midway (10 miles) airports further enhances its appeal. This is a rare opportunity to acquire prime real estate in a highly desirable suburban Chicago location. A virtual tour is available.
Value Estimations
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AI approach
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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
- -87.8707
- Latitude
- 41.8158
