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Mixed-Use Investment, Owner-User Opportunity 6 W Burlington Ave

2,700 SF Retail Building La Grange, IL 60525 £965,249 (£357/SF)

Investment Highlights

  • Approx 1,400 SF prime retail + leased 2nd floor apartment directly across from La Grange's Metra station and just east of 180+ stall public parking.
  • $40,800 current annual gross rental income (apt. unit) + a growing market rent of ground-level retail.
  • Steps west of La Grange Road (19K cars) and 700 feet south of ridiculously-busy Ogden Ave-La Grange Road intersection.
  • Mixed-use opportunity for investors, developers, OR owner-user opportunity for retail/restaurant operators.
  • Assemblage opportunity for developers/investors to purchase along with peer adjacent properties.
  • Economic drivers and traffic-generators include growing commuter traffic, growing retail/restaurant development, and growing active/senior living comm

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,700 SF
Building Class
C
Year Built
1914
Price
£965,249
Price Per SF
£357
Tenancy
Single
Number of Floors
2
Building FAR
1.24
Lot Size
0.05 AC
Frontage
23 ft on Burlington

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,400 SF
  • Retail
  • -
  • Now

Prime storefront retail space. Property is also for sale including 2nd floor apartment unit. Owner-user lease or purchase opportunity for retail/restaurant operators. Approx. 1,400 square feet of prime retail space within dynamic "downtown" retail/restaurant district. Trade area pulls from vast and dense customer base that includes Brookfield, Countryside, La Grange Park, and Western Springs. Well-positioned steps from La Grange Road (19,000 cars), directly across from La Grange Metra station, and just east of 180+ stall public parking lot.

Space Size Space Use Position Available
1st Floor 1,400 SF Retail - Now

1st Floor

Size
1,400 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 1,400 SF
Space Use Retail
Position -
Available Now

Prime storefront retail space. Property is also for sale including 2nd floor apartment unit. Owner-user lease or purchase opportunity for retail/restaurant operators. Approx. 1,400 square feet of prime retail space within dynamic "downtown" retail/restaurant district. Trade area pulls from vast and dense customer base that includes Brookfield, Countryside, La Grange Park, and Western Springs. Well-positioned steps from La Grange Road (19,000 cars), directly across from La Grange Metra station, and just east of 180+ stall public parking lot.

Walk Score ®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase
Club Pilates
CorePower Yoga
Noodles & Company
Get In Shape For Women
Starbucks
Fifth Third Bank
Orangetheory Fitness
Corner Bakery Cafe
Trader Joe's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-04-123-017-0000
Land Assessment
£2,076
Improvements Assessment
£38,565
Total Assessment
£40,640
  • Listing ID: 34332423

  • Date on Market: 31/12/2024

  • Last Updated:

  • Address: 6 W Burlington Ave, La Grange, IL 60525

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