6 W Burlington Ave - Storefront Retail/Residential FOR SALE
La Grange, IL 60525 |
$1,195,000 USD
312-813-5180
6 W Burlington Ave
La Grange, IL 60525
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.
- Mixed-use opportunity for investors, developers, OR owner-user opportunity for retail/restaurant operators.
- $40,800 current annual gross rental income (apt. unit) + a growing market rent of ground-level retail.
- Assemblage opportunity for developers/investors to purchase along with peer adjacent properties.
- Steps west of La Grange Road (19K cars) and 700 feet south of ridiculously-busy Ogden Ave-La Grange Road intersection.
- Economic drivers and traffic-generators include growing commuter traffic, growing retail/restaurant development, and growing active/senior living comm
FOR SALE DETAILS
PRICE
$1,195,000 USD
PRICE/SF
$443 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY NAME
Mixed-Use Investment, Owner-User Opportunity
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
ADD'L SUBTYPES
Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1914
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
CROSS STREETS
La Grange Rd.
LAND ACRES
0.05 AC
LAND SF
2,178 SF
ZONING
-
APN/PARCEL ID
18-04-123-017-0000
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312-813-5180
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312-813-5180
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