A rare opportunity to acquire a substantial commercial property offering nearly 20,000 square feet of building space and approximately 170 parking spaces. Properties combining this scale of interior space with extensive on-site parking are rarely available, making this an appealing opportunity for investors, owner-users, and business operators. The property offers an existing event venue with potential for continued use or adaptation to other business purposes. The Village has indicated flexibility regarding potential uses for the property, creating an appealing opportunity for investors and owner-users to explore a variety of commercial possibilities. Currently operating as a banquet hall, the property offers an existing business use alongside potential opportunities for adaptation to meet future business needs, subject to applicable municipal requirements and approvals. The property's appeal extends beyond its interior square footage. Approximately 170 parking spaces provide convenient access for guests, customers, employees, and visitors. This combination of substantial building space and extensive parking is particularly attractive for businesses and operations that require room to accommodate larger groups. Conveniently located near La Grange, La Grange Park, Hodgkins, Lyons, and Brookfield, the property is well positioned to serve surrounding communities and nearby commercial areas. Easy access to I-55 connects the location to Chicago and the surrounding suburbs. With its substantial size, extensive parking, existing banquet hall operation, and potential for alternative uses, this property presents a distinctive opportunity for buyers seeking flexibility, functionality, and room for future growth.
Listings courtesy of Midwest Real Estate Data as distributed by MLS Grid

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2026 MRED LLC. All rights reserved.
Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. MRED 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.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Some listings have been excluded from this website.