56 South LaGrange Road, La Grange, Illinois, 60525

Longstanding (36+Years) operating Irish Pub with real estate included (two parcels). The property is occupied by Palmer Place Restaurant and was constructed in phases in 1932 and 2001. The restaurant is a long time community staple with a large MULTI-LEVEL outdoor beer garden. Seats 200+ indoors and 200+ in beer garden. OPERATING BUSINESS. DO NOT DISTURB EMPLOYEES OR MANAGEMENT.

Active

$2,699,000

Commercial

MLS

10653348

La Grange

24944 ()

Listing Courtesy of Kudan Group, Inc., Chad Severson

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ADDRESS & DIRECTIONS

  • Street Address: 56 South LaGrange Road
  • City: La Grange
  • State: Illinois
  • County: Cook
  • Subdivision: La Grange
  • Directions:
    Just North of Cossitt Ave, South of Harris Avenue on the west side of the street.

PROPERTY FEATURES

General Information

  • Parcel Identification Number: 18041290280000
  • Approx. Land Sq Footage: 5840 Sq Ft
  • General Information: 24-Hr Notice Required
  • Multiple Pin Numbers: Yes

Heating /Cooling Features

  • Heat/Ventilation: Forced Air,Gas
  • Air Conditioning: Central Air

Commercial Features

  • Business Age : 11+ Years
  • Adjusted Net Income: 999
  • Annual Rent For Real Estate: 999
  • Adjusted Net Inc Expense Source: Owner Projection
  • Adjusted Net Income Year: 20
  • Accounts Receivable Expense Source: Owner Projection
  • Business Type : Bar/Lounge/Nite Club,Food and Beverage,Restaurant
  • Business Name : PALMER PLACE

SCHOOLS NEAR 56 South LaGrange Road

  • Courtesy of Kudan Group, Inc., Chad Severson
  • Property last updated on MRED : 7/2/2020 3:32:33 AM