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505 S La Grange Road, La Grange, IL 60525

Cook County

Key Facts

1960Year Built
2Stories

Description

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.

Property Information

Property Type

Commercial Lease

Sub-Type

Retail

Year Built

1960

Stories

2

Lot Size

7,688 sq ft

Lot Dimensions

62 X 124

Zoning

COMMR

Days on Market

149

MLS® Listing#

12537055

Property Features

Construction:
Brick

HOA & Tax

Annual Tax:
$40,569 (2023)

Directions

LaGrange Road to 47th Street, south to property. 505-507 S. LaGrange Rd. is on the east side of street.

Affordability Calculator

$60,000

Estimated monthly payment

$1,597/mo

Principal $240,000 · Est. interest $334,821 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in La Grange, IL

$409,091
Median Listing Price
37
Median Days on Market
1,665
Median Sq Ft
$258
Median Price / Sq Ft
53
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in La Grange, IL.

Location

  • 505 S La Grange Road, La Grange, IL 60525

Walk Score

Walk
Bike

Nearby Schools

  • La Grange District 105

    School · 0.3 mi away

  • Seventh Ave Elementary School

    Elementary · 0.3 mi away

  • St. John's Lutheran Church and School

    School · 0.6 mi away

  • Cossitt Elementary School

    Elementary · 0.6 mi away

  • Spring Avenue Elementary School

    Elementary · 0.7 mi away

  • WM F Gurrie Middle School

    Secondary · 0.7 mi away

  • Lyons Township High School

    Secondary · 0.7 mi away

  • St Francis Xavier School

    Secondary · 0.9 mi away

  • Creative World Montessori School

    Elementary · 0.9 mi away

  • Congress Park School

    Elementary · 0.9 mi away

  • Kensington School

    School · 1.0 mi away

  • St. Cletus School

    School · 1.0 mi away

  • Ladse

    School · 1.1 mi away

  • Ogden Avenue School

    Elementary · 1.1 mi away

  • Lyons Township High School

    Secondary · 1.2 mi away

  • Park Junior High School

    Secondary · 1.2 mi away

  • La Grange School District 102

    School · 1.2 mi away

  • Field Park Elementary School

    Elementary · 1.4 mi away

  • Ideal Elementary School

    Elementary · 1.4 mi away

  • Nazareth Academy High School

    Secondary · 1.4 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in La Grange

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Listing Courtesy: EXIT Strategy Realty - rossietherealtor@gmail.com

Based on information submitted to the MLS GRID as of 2026-02-02. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-02-02

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Chicago Association of Realtors. MLS® Listing#12537055. © 2026EXIT Realty®. All rights reserved.