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    Property profile & analytics
    OFF-MARKET
    Retail space

    1402 8th W 55th St, La Grange Highlands, IL 60525

    0.27 ac lot Built 1951
    Individually Owned 3-yr Hold Free & Clear
    Property ID
    US28-1785082
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1951
    Lot 0.27 ac (11,695 SF)
    APN 18-08-406-003
    UPID US28-1785082
    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
    • LGH Ducting HVAC Service
    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
    Corrine M Montalbano · 3 yrs held
    Corrine M Montalbano
    since 2023
    7 recorded transactions
    2023
    2022
    2018
    2018
    2013
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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