For Sale
$1,395,000

734 Central AveHighland Park, IL 60035

Prime Downtown Location, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional two-story office building, located at 734 Central Ave in Highland Park, IL (zip code 60035), presents a unique investment opportunity. The 9,600 square foot building sits on a 10,000 square foot lot and boasts a fully finished basement, adding significant usable space. Currently occupied by long-term tenants, including a law firm (Chausow Shafer P.C.) and a travel agency (Trans World Travel), the property offers immediate income potential. The first and second floors feature flexible layouts with numerous private offices and conference rooms, catering to a variety of business needs. The building benefits from excellent visibility at the corner of Central and McGovern Avenues, a main thoroughfare in Highland Park, with dedicated rear parking for 14 cars and highly visible signage. The property is fully sprinklered and zoned B4-5, offering potential for residential redevelopment with city approval. The asking price is $1,395,000. The property's prime location offers easy access to the central business district, numerous shops, restaurants, and public transportation. Nearby amenities include Walgreens, Pottery Barn, Dunkin', McDonald's, and Walker Brothers Original Pancake House, along with a variety of high-end restaurants, theaters, gyms, boutiques, and spas. The high daily traffic count of 14,232 vehicles further enhances its desirability. 2021 property taxes were $63,543.72. This is a perfect opportunity for both users and developers seeking a prominent presence in this affluent North Shore suburb, approximately 25 miles north of Chicago.

Highlights

  • 9,600 SF two-story office building.
  • Fully finished basement.
  • First and second floors feature flexible layouts with private offices and conference rooms.
  • Anchored by long-term tenants: a law firm and a travel agency.
  • High-visibility signage.
  • Fully sprinklered.

Property Details for 734 Central Ave

Property type
Office properties
Square Feet
9,600 SF
Stories
2

Location Insight

City
Highland Park
County
Lake
State
Illinois
Latitude
42.1841538
Longitude
-87.8029787
734 Central Ave, Highland Park, Illinois

FAQs

What type of property is this?
Office property - Prime Downtown Location, High Visibility
Where is the office property located?
The property is located at 734 Central Ave Highland Park, IL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 9,600 SF two-story office building.; Fully finished basement.; First and second floors feature flexible layouts with private offices and conference rooms.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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734 Central Ave
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