6 W Burlington Ave | La Grange, IL 60525
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- LoopNet Team
6 W Burlington Ave
La Grange, IL 60525
Mixed-Use Investment, Owner-User Opportunity · Retail Property For Sale
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
Property Type
Retail
Property Subtype
Building Size
2,700 SF
Building Class
C
Year Built
1914
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.24
Lot Size
0.05 AC
Frontage
23’ on Burlington
PROPERTY TAXES
| Parcel Number | 18-04-123-017-0000 | Improvements Assessment | $48,395 |
| Land Assessment | $2,605 | Total Assessment | $51,000 |
PROPERTY TAXES
Parcel Number
18-04-123-017-0000
Land Assessment
$2,605
Improvements Assessment
$48,395
Total Assessment
$51,000
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