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    Property profile & analytics

    333 La Grange Rd La Grange Park, IL 60526

    • Community centers
    • 2.85 lot acres
    For Lease
    View listing
    Value Estimation
    $505,000
    Last Sale
    Sep 12, 2023
    Location Intelligence
    Property ID
    US28-2000560
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Dr. Lee D. Weiss, MD / Psychiatrist
    • Aldi / Grocery Store / Supermarket

    Property Details for 333 La Grange Rd

    Year built
    1955
    Lot size
    2.85 lot acres
    Property type
    Community centers
    APN
    15-33-414-042
    APU
    1533414042

    Description

    This exceptional retail and office opportunity is located at 333 N La Grange Rd in La Grange Park, Illinois, within Cook County (zip code 60526). The Village Market property offers a total of 96,325 square feet of space, currently featuring multiple tenancies. Seven individual spaces are immediately available for lease, ranging in size from 850 to 1,225 square feet. A significant amount of vacant space is also available, totaling 8,809 square feet, presenting a unique opportunity for expansion or customization. The property's storefront design is ideal for businesses seeking high visibility and convenient access for customers. The minimum leasable unit size is 850 square feet, making it suitable for a variety of businesses. This prime location in La Grange Park offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving retail environment. The property's versatile layout allows for flexibility in tenant configuration, catering to diverse business needs. Interested parties are encouraged to inquire about lease terms and available space configurations. This is a rare opportunity to secure retail or office space in a well-established and highly visible location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $600,000
      7%
      $575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $510,000
      Geo Method
      $605,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $725,000
      Retail
      $740,000
      Mixed-Use
      $570,000
      Hospitality
      $725,000
      Educational
      $640,000
      Residential Income
      $595,000
      Energy
      $585,000
      Income-Based Land
      $595,000
      Food Service
      $680,000

    Location Insight

    • Map
    • Local Demand
    City
    La Grange Park
    County
    Cook
    State
    Illinois
    Longitude
    -87.8696
    Latitude
    41.8215
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $280,889
    $310,365
    $612,793
    $923,158
    -
    $1,241,460
    $2,451,172
    $3,692,632

    Comparable in this City

    • Value Estimation
      $510,000
      3.60 Acres

      419 La Grange Rd

      MINI-MALL • 3.60 Acres
      419 La Grange Rd, La Grange Park, IL 60526-5645
      View Details
    • Value Estimation by Request
      1.30 Acres

      545 Sherwood Rd

      Lifestyle centers • 1.30 Acres
      545 Sherwood Rd, La Grange Park, IL 60526
      View Details
    • Value Estimation by Request
      0.26 Acres

      1235 Homestead Rd, Unit P4

      RESIDENTIAL PARKING GARAGE • 0.26 Acres
      1235 Homestead Rd, La Grange Park, IL 60526-1164
      View Details
    • Value Estimation by Request
      0.27 Acres

      1117 Homestead Rd, Unit P3

      RESIDENTIAL PARKING GARAGE • 0.27 Acres
      1117 Homestead Rd, La Grange Park, IL 60526-5412
      View Details
    • Value Estimation by Request
      0.26 Acres

      1235 Homestead Rd, Unit P3

      RESIDENTIAL PARKING GARAGE • 0.26 Acres
      1235 Homestead Rd, La Grange Park, IL 60526-1164
      View Details
    • Value Estimation by Request
      0.27 Acres

      1415 Homestead Rd, Unit P11

      RESIDENTIAL PARKING GARAGE • 0.27 Acres
      1415 Homestead Rd, La Grange Park, IL 60526-1170
      View Details

    Similar Nearby for Lease

    • Contact for pricing
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    • $264 SF/Yr
      1,169 SF

      Prime LaGrange Park Retail Condo

      1,169 SF Retail Space - For Sale/Lease
      1007 31St St, La Grange Park, IL 60526
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    • Contact for pricing
      96,325 SF

      Village Market Retail Space For Lease

      La Grange Park Storefronts - Multiple Units Available
      333 La Grange Rd, La Grange Park, IL 60526
      View Details
    • Contact for pricing
      14,400 SF

      La Grange Medical Space Sublease

      High-end, fully built-out medical space available for sublease.
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      View Details
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    La Grange Park, IL 60526
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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