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Property profile & analytics
OFF-MARKET
Office Spaces

1007 31st St 1 La Grange Park, IL 60526-1218

0.29 ac lot Built 1952
Entity Owned 1-yr Hold Free & Clear
Property ID
US28-1923145
Property summary
AI-generated overview

This exceptional 1,169 square foot commercial condo unit, located at 1007 E. 31st Street in the vibrant Village of LaGrange Park, presents a fantastic opportunity for owner-occupancy or investment. Boasting a prime corner location with excellent 31st Street retail exposure, this single-tenant space features numerous recent upgrades, including a brand-new roof, representing over $26,000 in owner investment. The unit itself is a well-designed space, offering three individual office suites, a reception area, a conference room, and a full bathroom. The 10-foot ceilings provide a spacious feel. The building is a masonry construction, a four-unit commercial condominium complex with twelve unassigned asphalt parking spaces, including handicapped-accessible spots, plus additional off-street parking. A highly desirable location, this property benefits from a strong association, with monthly fees of $180 covering scavenger service, water, common area maintenance, cable, and parking lot maintenance. The property enjoys a strategic position near key community anchors such as the LaGrange YMCA, LaGrange Park Ace Hardware, and the LaGrange Park Fire Department, ensuring high visibility and foot traffic. This is a turnkey opportunity in a thriving community. The property is available for both sale and lease.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1952
Lot 0.29 ac (12,500 SF)
APN 15-28-429-032-1001
UPID US28-1923145
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
Current use
Occupant on record · Public records
  • T L Trittipo & Co Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Catnap From The Heart INC · 1 yrs held
Catnap From The Heart INC
since 2025
6 recorded transactions
2025
Price N/A
2020
$170,000
2016
Price N/A
2004
$215,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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