Downtown La Grange Retail / Professional Building

19-25 W Hillgrove Ave La Grange, IL 60525

FOR SALE
Property Type:
Street Retail
Amount:
$950,000
Last Verified:
Nov 05, 2022


Description

High visibility multi-tenant retail building in the heart of downtown La Grange. The property features a brick facade with historic stone accents and potential to restore interior tin ceiling above the drop ceiling. It is ideal retail and consumer facing professional uses (real estate, financial services, architecture, interior design etc)., and presents a unique opportunity for restaurant with potential for expansive rooftop deck and sidewalk cafe.

C3-L Zoning allow for flexible uses including retail, medical and professional, and the position just outside the La Grange Historic District Overlay streamlines the process for facade improvements.

With opportunity to occupy more than 50% of the GLA, the property works well for an user/investor that can occupy approx 2,800 SF on the corner and collect income from other two small, easily leasable units.

Key location in the heart of downtown La Grange, just 1/2 block west of La Grange Rd. Nearby national retailers include, Trader Joes, Walgreens, AT&T, Fannie May Candies, Orange Theory, and ILoveKickboxing. Surrounding by national, and local restaurants including Chipotle, Noodles & Company, Barrel House Social, Lucca's Pizzeria, Yau's Place, Grapevine Mediterranean,

Downtown La Grange is a vibrant upscale shopping and dining destination 8 miles west Chicago. The market is supported by dense, affluent customer base including more than 22,000 residents within 1 mile with an average income of approx $150,000.

The property is positioned directly across from the La Grange Rd commuter rail station (3,000+ average daily station passengers). The BNSF Metra line is the most heavily trafficked line in the system with more than 15 millions riders annually.


Year Built: 1925
Building Size: 5136sq ft
Lot Size: 0.12 acres


Documents

Sale Brochure - 19-25 W Hillgrove

Map of 19-25 W Hillgrove Ave, La Grange, IL, 60525

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