417-429 Temple Avenue Highland Park, IL $ 1,600,000
417-429 Temple Avenue
$ 1,600,000
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417-429 Temple Avenue

Highland Park, IL, 60035
$ 1,600,000
Baths0.0 Sq 7,800

Monthly Estimate*

$ 11,176

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Studio

Commercial Property for sale in Highland Park, IL

for $1,600,000. This 7,800 square foot building was built in 1920 on a lot size of 0.836501.

Proud to introduce an opportunity to develop a 36,438 SF mixed-use development site. Currently consisting of 4 parcels, the site has not been offered for sale in generations. This is a prime opportunity to develop an iconic property next to downtown Highwood IL. Currently in Highland Park, the property borders Highwood. 2 parcels on Temple Ave consisting of 21,902 SF, have favorable zoning in the B1A Waukegan-Bloom Neighborhood District and have 100' of frontage on Temple. The additional 2 parcels which connect in the rear of the lot and have frontage on Walker Ave are zoned RM1 Medium to High Density Multi-family and adds an additional 14,626 SF bringing the total for all 4 parcels to 36,438 SF. Currently at 429 Temple Ave sits a brick commercial building that is built out for restaurant use. Large seating room and bar along with large kitchen and cooler are on the first floor. On the 2nd floor is another dining room and 2 private rooms. There is also a 2nd kitchen, butler pantry, and office space. Property has hoods and black iron. At 417 Temple sits a frame single family home in need of repairs currently used for storage. The property has 4 bedrooms 1.5 baths, large living room, formal dining room, and kitchen. The Temple property also has a large gravel parking lot, driveway, and 4 car garage. On the Walker property sits a single family home, tenant paying under market rents. PIN #s: 423 Temple (429 Temple) 16143010190000, 417 Temple 16143010140000, 376 Walker 16143010040000 + 16143010030000

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 35,892

Style

Commercial

Lot Size

0.836501

Year Built

1920

Town/City

Highland Park

County/Region

Lake

MLS | Web ID

11405854

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal Water to Site
Possession Closing
Zoning COMMR
Construction Materials Brick Wood Frame
Year Built 1920
Electric Service - 201 to 600 Amps
Tenant Pays Electricity Heat Varies by Tenant
Stories 2
Township Moraine
Tax Year 2021
Current Use Commercial
Gross Income 0
County Lake
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family Retail
Status Active
Directions Waukegan Ave/Sheridan Rd to Temple Ave/Highwood Ave East to Address
City Highland Park
Total Units 3
MLS Area Highland Park
Lot Size Square Feet 36438
Street Name Temple
Tax Annual Amount 35892
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Days on Market 675
Standard Status Active
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Exterior
Building Area Total 7800
Lot Dimensions 100 X 219 + IRREGULAR LOT
Frontage Type City Street
Exterior Vinyl Siding Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
United Real Estate-Chicago

Broker

brandonunitedre@gmail.com

Email

Affordability Calculator

$14,167
Per Month
79%
21%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$2,991
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2023$1,600,000 Listed Price

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417-429 Temple Avenue, Highland Park, IL, 60035 is a Commercial Property for sale at $1,600,000 with 7,800 sqft and a lot size of 0.836501. 417-429 Temple Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 60035 which is in Highland Park, IL