La Grange IL Commercial for Sale

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Type:
Other
Sq.Ft.:
6,309
Status:
Active
Beds:
n/a
Year built:
1912
Baths:
MLS#:
12074382

ADDITIONAL INFORMATION

Spectacular Location in Downtown La Grange! This prized two-story commercial building is a fresh canvas ready for its next chapter. Situated in the heart of downtown La Grange, this property offers a fantastic opportunity for a variety of uses. Key Features: Versatile First Floor: Ideal for a restaurant or retail space, the first floor provides an open layout with high ceilings, perfect for customizing to suit your business needs. Flexible Second Floor: The second floor offers a great opportunity for event space or offices. With ample room for customization, this space can be tailored to meet a variety of business or professional needs. Additional Basement Space: The basement offers extra square footage that can be utilized for storage or other purposes, adding significant value and functionality to the property. Bring your ideas and design your space to suit! This property represents a unique opportunity to create a bespoke commercial environment in a vibrant and affluent area. Don't miss the chance to be part of downtown La Grange's thriving community.

Type:
General Commercial
Sq.Ft.:
12,000
Status:
Active
Beds:
n/a
Year built:
1904
Baths:
MLS#:
11945223

ADDITIONAL INFORMATION

Incredible turnkey investment property featuring 6 luxury apartments + 5,000+ sqft ground floor retail space that is currently leased to an upscale home furnishings store (2,580sf retail space + full basement storage). The building is in a prime location in La Grange's Downtown Central Business District across the street from the Metra station and in close proximity to restaurants, bars, coffee shops, and retail. The area gets heavy foot traffic from the train station and nearby businesses and has high visibility from La Grange Rd. Completely rebuilt in 2015, the apartments feature high-end condo quality finishes including Hardwood white oak flooring, Italian cabinetry, quartz countertops, Bosch appliances, in-unit W/D, & custom closets. Each unit has its own mechanicals and pays for their own heat, AC, and gas. Parking conveniently located in public lot at the west end of the block. Overnight permits are $45/month for 1st car, $65/month for 2nd car, and $20/month for daytime parking for retail store.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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La Grange Real Estate

The median home value in La Grange, IL is $509,250. This is higher than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in La Grange, IL is $509,250. Approximately 78.33% of La Grange homes are owned, compared to 17.57% rented, while 4.1% are vacant. La Grange real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a La Grange real estate agent to arrange a tour today!

La Grange, Illinois has a population of 16,220. La Grange is more family-centric than the surrounding county with 45.65% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in La Grange, Illinois is $124,292. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in La Grange is 42.1 years.

La Grange Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 15.9 degrees. The average rainfall is approximately 39.1 inches per year, with 31.6 inches of snow per year.

La Grange Real Estate Market Conditions

  • Median sales price

    $509,250
    14.1% change since last quarter
  • # Active listings

    32
    30-day change

La Grange Schools and Demographics

Education near La Grange, IL

Metric City County
High School Graduates 96.54 87.97
College Degree - 2 year 5.18 6.73
College Degree - 4 year 62.07 40.75
Graduate Degree 23.08 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near La Grange, IL

School Grades Students P/T Ratio ZIP
Cossitt Avenue Elementary School PK - 06 594 15.4 60525
Costello School PK - 05 287 11.1 60534
Field Park Elementary School PK - 05 297 14 60558
Forest Hills Elementary School KG - 05 250 11.1 60558
Frank A Brodnicki Elementary School KG - 06 695 14.5 60458
George T Wilkins Elementary School KG - 06 568 15.1 60458
Gladness V Player Early Childhood Center PK - 01 193 21.4 60458
Highlands Elementary School PK - 05 527 12.6 60525
Hodgkins Elementary School PK - 06 203 9 60525
Ideal Elementary School PK - 06 364 12 60525
J W Robinson Junior Elementary School PK - 05 273 13.1 60534
John Laidlaw Elementary School KG - 05 392 13 60558
Ogden Avenue Elementary School PK - 06 610 16.4 60525
Otis P Graves Elementary School PK - 04 529 17.6 60501
Pleasantdale Elementary School PK - 04 466 14 60525
Seventh Avenue Elementary School PK - 06 211 10.4 60525
Spring Avenue Elementary School PK - 06 344 14.4 60525
W W Walker Elementary School KG - 04 214 10.2 60501
Walsh Elementary School PK - 04 371 15.5 60501

Middle Schools near La Grange, IL

School Grades Students P/T Ratio ZIP
Dr Donald Wharton Elementary School 05 - 05 188 23.5 60501
Geo T Wilkins Junior High School 07 - 08 591 12.6 60458
Heritage Middle School 06 - 08 560 21.5 60501
Highlands Middle School 06 - 08 311 13 60525
McClure Junior High School 06 - 08 504 13.4 60558
Washington Middle School 06 - 08 792 13.7 60534
Wm F Gurrie Middle School 07 - 08 318 12.4 60525

High Schools near La Grange, IL

School Grades Students P/T Ratio ZIP
ARGO Community High School 09 - 12 1,761 16.2 60501
Lyons Township High School 09 - 12 3,961 15.7 60525

Demographics near La Grange, IL

Metric City County
Neighborhood Type Suburban
Population 16,220 5,265,398
Population Density 6,424 5,572
Median Age 42.1 37.3
People per Household 2.8 2.5
Median Household Income 124,292 72,121
Average Income per Capita 62,827 41,706