This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

505 S La Grange Rd
La Grange, IL 60525

Office Property For Sale

Executive Summary

Ideally situated LaGrange Road Mixed-Use property walking distance to downtown LaGrange! Bring your vision to life with a recently renovated canvas! Suitable for retail, professional services, or a combination of the two and easily divisible. This property can offer a jumpstart for a new business venture or an element of prestige for an existing conglomerate. The entire property is extremely well maintained and everything inside has been renovated for a pleasing neutral esthetic. Situated conveniently between Countryside and Downtown LaGrange, this building can be your new address. Whether you are looking for a small space to escape a work from home environment or you are looking for a blank canvas to create your greatest masterpiece, this property has it all. Generous Off-Street Parking lot. Well maintained building with many recent improvements. First floor can easily be divided for 2 tenants with 2 separate entrances, restrooms & HVAC The lease terms will include some or all of the utilities, based on the size of the space (co-working suites include all utilities/large individual suites pay for meter usage utilities such as gas and electric). Details and information on this may be discussed with all serious inquiries. The building is currently partially occupied on the second floor with individual door, co-working tenants and we ask that you do not disturb any existing tenancies. A lease for the entire premises is also available (MLS # ) with negotiations to existing tenant contractual terms, most of whom are currently on a MTM contract. Further details and financials can be disclosed with a serious lease interest/LOI. Personal guarantee may be required depending on lessee and term. Multi-year leases are welcomed and pricing will be negotiated to reflect the commitment while not jeopardizing market value of this gem. Existing signage on the building will be removed for a blank canvas for a new marquis occupancy. Exterior street level signage also available to expand your visibility to thousands of vehicles directly on La Grange Road. Flexible lease terms, some with immediate availability. Come see this rarely available, modern and updated beauty today!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,500 SF
Building Class
C
Year Built/Renovated
1970/2024
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,500 SF
Building FAR
0.98
Lot Size
0.18 AC
Parking
19 Spaces (2.53 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-09-200-006-0000
Land Assessment
$33,501 CAD
Improvements Assessment
$212,614 CAD
Total Assessment
$246,115 CAD
  • Listing ID: 34302437

  • Date on Market: 2024-12-27

  • Last Updated:

  • Address: 505 S La Grange Rd, La Grange, IL 60525

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}