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22-24 Calendar Ave - Restaurant Space 6,000 SF Retail Condo Unit Offered at $925,000 in La Grange, IL 60525



Investment Highlights
- Located in the dynamic downtown LaGrange district with strong foot traffic and retail synergy.
- Adjacent to a large municipal parking lot for convenient customer access.
- Property is fully sprinklered and part of an established commercial condo association.
- Fully equipped commercial kitchen featuring a 17-foot hood and ample prep areas.
- Includes lower-level storage and office space with elevator service.
- Situated in a high-income trade area with excellent demographics.
Executive Summary
The property is located in the downtown core of LaGrange, Illinois, along Calendar Avenue. It is positioned near significant retail and dining clusters within the C-1 Core Retail District and benefits from adjacency to Village parking facilities. The building includes a freight elevator providing access to a lower-level area configured for storage and office use. Surrounding infrastructure includes major local roadways and regional access points.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Sale Notes
This fully built-out restaurant property at 24 Calendar Avenue offers a rare investment or owner-user opportunity in the heart of downtown LaGrange. Positioned in the C-1 Core Retail District, the property benefits from its central location within a vibrant dining and shopping corridor. The main floor spans approximately 6,000 square feet, featuring a professional kitchen equipped with a 17-foot hood, full bar setup, and a spacious seating area ideal for high-volume dining.
Included in the offering is use of a lower-level space of approximately 1,650 square feet, accessible by freight elevator, which accommodates storage and office needs. The property is fully sprinklered, part of a commercial condo association, and comes with adjacent municipal parking for guest convenience. Strong area demographics provide a robust consumer base, supported by significant household income levels within a 1- to 5-mile radius. This property presents flexible potential uses in a thriving suburban market, with easy access to major thoroughfares and public transit.
Included in the offering is use of a lower-level space of approximately 1,650 square feet, accessible by freight elevator, which accommodates storage and office needs. The property is fully sprinklered, part of a commercial condo association, and comes with adjacent municipal parking for guest convenience. Strong area demographics provide a robust consumer base, supported by significant household income levels within a 1- to 5-mile radius. This property presents flexible potential uses in a thriving suburban market, with easy access to major thoroughfares and public transit.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 24 | 6,000 SF | Retail | $925,000 ($154.17/SF) | - |
Unit 24
| Unit Size |
| 6,000 SF |
| Condo Use |
| Retail |
| Price |
| $925,000 ($154.17/SF) |
| NOI |
| - |
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Unit 24
| Unit Size | 6,000 SF |
| Condo Use | Retail |
| Price | $925,000 ($154.17/SF) |
| NOI | - |
| Sale Type | Investment |
| Sale Notes | |
| This fully built-out restaurant property at 24 Calendar Avenue offers a rare investment or owner-user opportunity in the heart of downtown LaGrange. Positioned in the C-1 Core Retail District, the property benefits from its central location within a vibrant dining and shopping corridor. The main floor spans approximately 6,000 square feet, featuring a professional kitchen equipped with a 17-foot hood, full bar setup, and a spacious seating area ideal for high-volume dining.<br> Included in the offering is use of a lower-level space of approximately 1,650 square feet, accessible by freight elevator, which accommodates storage and office needs. The property is fully sprinklered, part of a commercial condo association, and comes with adjacent municipal parking for guest convenience. Strong area demographics provide a robust consumer base, supported by significant household income levels within a 1- to 5-mile radius. This property presents flexible potential uses in a thriving suburban market, with easy access to major thoroughfares and public transit.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 23,086 SF | Typical Floor Size | 11,543 SF |
| Property Type | Office (Condo) | Year Built | 1940 |
| Building Class | C | Lot Size | 0.27 AC |
| Floors | 2 | ||
| Zoning | C-1CR - Central Business District - Village of La Grange | ||
| Total Building Size | 23,086 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 11,543 SF |
| Year Built | 1940 |
| Lot Size | 0.27 AC |
| Zoning | C-1CR - Central Business District - Village of La Grange |
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Fairly bikeable
50/100
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22-24 Calendar Ave - Restaurant Space
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