1910 1St StHighland Park, IL 60035

Property Details for 1910 1St St

Year built

1990

Construction

BRICK

Lot size

0.17 AC

Property size (Sq ft)

25,400 SF

Property type

Office buildings

APN

16-23-309-020

APU

1623309020

Description

This four-story, 28,000 square foot Class B building offers a mix of executive, traditional, creative, and medical office spaces, along with retail options. Located at 1910 1st St, Highland Park, IL 60035, this multi-tenant property sits on 0.19 acres in Lake County. The building features elevators and boasts stunning downtown views from the upper two floors. Available office suites range from 663 to 1,049 square feet. The building's prime location in downtown Highland Park offers easy access to over 100 retailers, award-winning restaurants, and benefits from a high employment rate. Highland Park's vibrant downtown area has been recognized for its excellence, consistently ranking among the best places to live and work in Illinois. This mixed-use building presents a unique opportunity to establish a presence in a thriving and desirable community. The building's retail space complements the office offerings, creating a dynamic and convenient environment for tenants. Contact us today to learn more about available spaces and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $4,586,272

  6.5%

  $4,233,482

  7%

  $3,931,090

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,578,689

  Geo Method

  $3,308,350

• Alternative Use

  Use

  Valuation

  Residential

  $5,249,517

  Hospitality

  $4,808,530

  Educational

  $4,000,640

  Medical

  $4,138,228

  Retail

  $6,223,218

Location Insight

City

Highland Park

County

Lake

State

Illinois

Latitude

42.187

Longitude

-87.801

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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