734 Central Avenue Highland Park, IL $ 1,395,000
734 Central Avenue
$ 1,395,000
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734 Central Avenue

Highland Park, IL, 60035
$ 1,395,000
Baths0.0 Sq 9,600

Monthly Estimate*

$ 9,744

734 Central Avenue, Highland Park, IL 60035 - Image 1
734 Central Avenue, Highland Park, IL 60035 - Image 2
Studio

Commercial Property for sale in Highland Park, IL

for $1,395,000. This 9,600 square foot building was built in 1984 on a lot size of 0.229568.

Available for sale is a 6,400 square foot two-story office building with full finished basement on a 10,000 square foot site. Situated at the corner of Central and McGovern Avenues, the property has excellent visibility and benefits from its location on the main thoroughfare in Highland Park. The first floor is currently occupied by Trans World Travel and the second floor is occupied by Chausow Shafer P.C, a long-term tenant currently on a month-to-month lease. The property also has the potential for residential redevelopment with city approval. This location benefits from its proximity to the central business district as well as the numerous shops, restaurants and public transportation. Area features significant barriers to entry, with few available sites for purchase. The first floor is occupied by current owner. The second floor occupied by a long-term tenant who has a month-to-month lease.

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Commercial Active

Price

$ 1,395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,474

Style

Lot Size

0.229568

Year Built

1984

Town/City

Highland Park

County/Region

Lake

MLS | Web ID

11861992

Features
General
Cooling Central Air
Year Built 1984
Electric Other
Tenant Pays Other
Stories 2
Property SubType Office
Tax Year 2022
Gross Income 0
County Lake
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Office/Tech
Status Active
Directions Located in downtown Highland park at the corner of Central and McGovern Avenue
City Highland Park
MLS Area Highland Park
Lot Size Square Feet 10000
Street Name Central
Tax Annual Amount 28474.8
Additional Parcels Y/N Y
Leasable Area 6400
Days on Market 157
Standard Status Active
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Exterior
Building Area Total 9600
Lot Dimensions 10000
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Millennium Properties Re, Inc.

Broker

ssilver@mpirealestate.com

Email

Affordability Calculator

$12,117
Per Month
80%
20%
0%
Monthly Principal & Interest
$9,744
Monthly Property Taxes
$2,373
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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/26/2023$1,395,000 Listed Price

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734 Central Avenue, Highland Park, IL, 60035 is a Commercial Property for sale at $1,395,000 with 9,600 sqft and a lot size of 0.229568. 734 Central Avenue is a studio with 0.0 baths and was built in 1984. The property's zip code is 60035 which is in Highland Park, IL