505 S La Grange Road, La Grange, IL 60525

Other
NZD $1,679,159
USD $949,900
Published on: 17 Jun 2026
Last updated on: 11 Oct 2026
505 S La Grange Road, La Grange, IL 60525
505 S La Grange Road, La Grange, IL 60525
505 S La Grange Road, La Grange, IL 60525
+36
505 S La Grange Road, La Grange, IL 60525
  • 36
Property ID: 110108813795
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Commercial Sale, La Grange, IL

505 S La Grange Road, La Grange, IL 60525
Positioned along one of the most traveled commercial corridors in Chicago's western suburbs, 505 S. La Grange Road presents a rare opportunity to acquire a fully renovated, income-producing mixed-use asset in the heart of La Grange. Located directly on high-visibility La Grange Road, the property benefits from exceptional exposure, strong demographics, and convenient access to I-55, I-290, I-294, two nearby Metra BNSF stations, and both O'Hare and Midway airports. Recently reimagined to meet the demands of today's evolving professional workspace environment, this property has undergone extensive renovations throughout. New flooring, fresh paint, modern greyscale finishes, recessed LED lighting, and updated layouts create a sophisticated, turnkey environment designed to attract a wide range of professional, medical, retail, and service-based tenants. New interior doors and glass office partitions maximize natural light while creating an elevated, modern workspace experience. The building features beautifully updated reception areas on both levels with marble-inspired granite finishes, creating a professional first impression for clients and visitors alike. All four bathrooms have been completely renovated with new fixtures and plumbing upgrades completed in accordance with Village of La Grange occupancy standards. Additional improvements include all new upper-level windows, new plumbing enhancements, full window blinds throughout, Kwikset SmartKey lock systems for efficient tenant turnover, and a new weatherproof 12-unit mailbox system complete with parcel delivery and outgoing mail functionality. One of the property's standout features is the expansive lower-level suite, offering a nearly full-service kitchen equipped with a dishwasher, microwave, and full-size double-door refrigerator-ideal for hosting company events, training sessions, client gatherings, or collaborative work environments. Large-format televisions throughout the lower level double as presentation and projection systems, creating a flexible space for modern business operations. Ownership and tenant security are enhanced by a comprehensive 24-hour closed-circuit camera system monitoring all entrances and building perimeters. Outside, a newly installed black monument-style pylon sign provides premium visibility to both northbound and southbound traffic, offering exceptional branding opportunities for current and future occupants. Operationally, the property delivers the ideal blend of immediate income and future upside. Five leased units currently generate positive cash flow from day one, while five available suites provide significant lease-up potential and value-add opportunity. The recent consolidation of 505 and 507 S. La Grange Road into a single unified address further enhances operational efficiency and marketability. A dedicated on-site parking lot with easement rights included in the sale eliminates one of the most common challenges facing commercial properties along this corridor, providing a valuable amenity for tenants, employees, and customers. Surrounded by an affluent residential base, a thriving downtown business district, and a strong professional workforce, 505 S. La Grange Road offers a compelling combination of location, visibility, infrastructure, cash flow, and growth potential. Whether you're an investor seeking a stabilized asset with upside or an owner-user looking to establish a flagship presence in one of Chicagoland's most desirable suburban markets, this is a commercial real estate opportunity positioned for both immediate performance and long-term appreciation.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
714.27 m2
Year Built
1960
Num Floors
2
County
Cook
Parcel ID
18092000060000
Provider
Midwest Real Estate Data, LLC
Brokerage Office Name
Exit Strategy Realty
Brokerage Office Phone
(312) 493-0920
Neighbourhoods
La Grange
Address
505 S La Grange Road, La Grange, IL 60525

Tax History

YearTax amount
2025USD $49211NZD $86,991*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Nick Libert
EXIT Strategy Realty
2935 N. Clark St. , Chicago, IL 60657
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2935 N. Clark St. , Chicago, IL 60657
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      Property ID: 110108813795

      Original Property ID: 3yd-MREDIL-12671481
      Data provided by Midwest Real Estate Data, LLC, MLS #: 12671481
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      Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.