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46-48 S LaGrange Rd 7,832 SF 100% Leased Retail Building La Grange, IL 60525 $2,000,000 ($255.36/SF) 8.66% Cap Rate
Investment Highlights
- Prime Location in LaGrange area
- Strong pedestrian traffic
- High visibility for retail presence
Executive Summary
Introducing a classic mixed-use investment opportunity in the heart of vibrant downtown La Grange—a highly desirable, pedestrian-friendly commercial district southwest of Chicago, known for its strong community appeal, proximity to the Metra commuter rail station just blocks away, and consistent foot traffic from boutique shopping, dining, and local events. This 2-story property features ground-floor retail/commercial space with upper level residential units, offering diversified income streams.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,832 SF
Building Class
C
Year Built
1908
Price
$2,000,000
Price Per SF
$255.36
Cap Rate
8.66%
NOI
$173,254
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.26 AC
Zoning
C1, LaGrange
Walk Score®
Walker's Paradise (95)
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-04-129-014-0000 | Improvements Assessment | $120,799 |
| Land Assessment | $15,364 | Total Assessment | $136,163 |
Property Taxes
Parcel Number
18-04-129-014-0000
Land Assessment
$15,364
Improvements Assessment
$120,799
Total Assessment
$136,163
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46-48 S LaGrange Rd
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