Home Details for 505 S La Grange Road

Located at 505 S. La Grange Road in La Grange, IL, this newly renovated mixed-use building sits on one of the most active commercial corridors on the southwest side of the Chicago metro. Positioned directly on high-traffic La Grange Road - a major artery connecting I-290, I-55, and the I-294 Tri-State Tollway - the property captures thousands of daily vehicle pass-bys while remaining steps from La Grange's vibrant downtown retail and dining district. With two Metra BNSF stations nearby delivering nearly 5,000 commuters daily and both O'Hare and Midway airports under 30 minutes out, the location is a genuine logistical asset for any tenant or owner-operator. The building delivers on both floors: ground-level retail and second-floor office suites suited for professional services, medical, insurance, or specialty businesses - and it's already producing. Five occupied, leased units are cash flowing positive from day one, while five vacant units represent real, activatable upside ready to be filled on your terms. The dedicated on-site parking lot - with easement included in the sale - removes one of the most common friction points in commercial acquisitions on this corridor, making this asset as turnkey as it gets for tenants and owners alike. Whether you're adding a cash-flowing asset to your portfolio or planting your business in an affluent, well-connected market - this property works both ways. La Grange's established commercial base, strong median household income, and Metra-anchored professional community create the kind of stable demand that keeps tenants and keeps rents moving. Newly renovated, income-producing on day one, with significant upside still on the table - in today's market, that combination doesn't sit long.