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Property Description
Move-In Ready Commercial Condo in Booming La Grange! Rare opportunity to own a versatile, well-maintained commercial condo in La Grange, offering a functional layout and excellent flexibility for a variety of business uses. Located at 700 E Elm Ave, Unit B, this turnkey space is ideal for entrepreneurs, startups, small business owners, and investors seeking a well-equipped commercial unit in a desirable suburban location. The unit features impressive 12-foot ceilings, durable concrete flooring, newer HVAC, a convenient slop sink, and a private bathroom. The thoughtfully designed interior also includes a reception area, conference room, and private office, providing dedicated spaces for welcoming clients, conducting meetings, and managing daily operations. A commercial access door from the alley adds convenience for deliveries, equipment, and day-to-day business operations. Enjoy the added benefit of free private parking directly in front of the unit, making access easy for owners, employees, and visitors. The flexible layout offers potential for a variety of uses, including light warehousing, business storage, creative workspaces, or even a recording studio, subject to applicable zoning, building requirements, and association approval. Signage is permitted, pending approval. Opportunities to find a commercial condo in this condition, with this combination of functional features, parking, and flexible space, are increasingly hard to come by in the area. Whether you are launching a new business, expanding an existing operation, or looking for a practical commercial investment, this move-in-ready unit is an opportunity worth exploring. Bring your vision and make this versatile commercial space your own!
Full Property Details
Full Property Details for 700 E Elm Ave
General
- Price: $15
- Taxes: $9,986
- Status: Active
- Type: Commercial Lease
- Source: MRED
- MLS ID: 12786489
- Updated: 10/15/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease/Rent Term: 24 Months
Interior
- Interior Features: Common Meeting Room(s), Accessible Entrance, Accessible Washroom/s, Overhead Door(s), Private Restroom(s), Public Restroom(s), Storage Inside
- Flooring: Concrete
Additional Information
- Security/Safety: Partially Sprinklered, Smoke or Fire Protectors
Location
- Area: La Grange
- County: Cook
- Township: Proviso
- Driving Directions: South on East Ave to west on Elm ave to address unit B
- Location Details: Southwest Suburban, Central Business District, Commercial Business Park, Industrial Park
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick, Concrete, Block, Split-Face Block
- Exterior Const.: Brick, Concrete, Block, Split-face Block
- Foundation: Concrete Perimeter
- Roof: Membrane, Rubber
- Drive-In Doors: 1
- Loading: Common
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Current Bldg. Use: Conditional Use, Condominium, Office, Recreational, Special Use
- Office: 193 Sq. Ft.
- Year Built: 1995
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Acres): 0.25
- Frontage: Frontage Road, Private Road, Alley Access, Paved
- Drainage: Drainage Ways
- Potential Use: Commercial, Conditional Use, Condominium, Industrial, Office
- Zoning: INDUS
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Rent Only
- Security Deposit: Partially Sprinklered, Smoke or Fire Protectors
- Assessment Year: 1995
- Tax Amount: $9,986.54
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Repairs, Scavenger, Sewer, Trash Collection
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Schools
Schools serving 700 E Elm Ave
School Districts:Lagrange School District 102, Lyons Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Congress Park Elementary School 9311 Shields Avenue, Brookfield, IL 60513 | PK-6 | 0.4 mi |
Barnsdale Road School 920 Barnsdale Road, La Grange Park, IL 60526 | PK-K | 1.5 mi |
Park Junior High School 325 North Park Road, La Grange Park, IL 60526 | 7-8 | 1.2 mi |
Lyons Twp High School 100 South Brainard Avenue, La Grange, IL 60525 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700 E Elm Ave
Date
Details
Price
Change
Source
10/15/2026
Listed
$15
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 700 E Elm Ave
700 E Elm Avenue, La Grange, IL 60525 (MLS# 12786489) is a Commercial Lease property. 700 E Elm Avenue is currently listed for $15 and was received on October 15, 2026. Want to learn more about 700 E Elm Avenue? Do you have questions about finding other Commercial Lease real estate for sale in La Grange? You can browse all La Grange real estate or contact a Coldwell Banker agent to request more information.

