2126 1St StHighland Park, IL 60035
- Theaters & concert halls
- 12,904 SF
Property Details for 2126 1St St
- Year built
- 1929
- Construction
- BRICK
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 12,904 SF
- Property type
- Theaters & concert halls
- APN
- 16-23-114-002
- APU
- 1623114002
Description
This exceptional 12,904-square-foot mixed-use building in Highland Park, IL, presents a rare investment opportunity. Built in 1929, this two-story, masonry structure boasts a classic facade and prime visibility near the intersection of First Street and Green Bay Road, with 14,500 vehicles passing daily. The property features a 2,355-square-foot indoor parking garage with eight spaces and a convenient curb cut onto Green Bay Road. Inside, you'll find a well-maintained space currently configured as a dance school, including three offices, three large rehearsal rooms, four ADA-compliant bathrooms, and a spacious 2,312-square-foot show/production hall on the second floor with 25-foot ceilings. Additional features include a 12x12 drive-in door, 18-foot ceilings (in parts), a full fire alarm and sprinkler system, 200-amp electric service, and high-security entrance doors and cameras. The 6,194-square-foot lot is zoned B4-5, offering flexibility for various commercial uses, including office, retail, or school. Its convenient location near the Metra train station, bus routes, and major highways (Routes 41 and 94) adds to its appeal. The building's unique features, ample space, and desirable location make it an ideal owner-user or investment property. The asking price is $2,300,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,666,920
- Hospitality
- $2,442,884
- Educational
- $2,032,451
- Medical
- $2,102,350
- Retail
- $3,161,590
Location Insight
- City
- Highland Park
- County
- Lake
- State
- Illinois
- Latitude
- 42.191
- Longitude
- -87.8032
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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