1402 8th W 55th St, La Grange Highlands, IL 60525
This exceptional retail property, located at the high-traffic intersection of W. 55th St. and Willow Springs Rd. in the Countryside-La Grange area of Cook County (APN 18-08-406-003-0000), offers a prime opportunity for businesses seeking significant visibility. The 5,040 square foot building sits on a 0.27-acre lot and is zoned B-1 - Retail Business District, allowing for a wide range of retail and service uses. Currently, one contiguous space of 3,780 square feet is available, with potential for expansion to the full 5,040 square feet. This high-density area benefits from substantial daily traffic counts exceeding 17,300 vehicles on 55th Street, connecting to and from several surrounding communities including Countryside, La Grange, Highlands, and Western Springs. The property's strategic location near UChicago/La Grange Hospital and Lyons Township High School provides a strong base of potential customers. Furthermore, its proximity to the established La Grange Road retail and auto corridor offers additional advantages. This is an ideal location for businesses seeking high visibility and access to a large customer base in a thriving commercial area.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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