1780 Green Bay RdHighland Park, IL 60035

Property Details for 1780 Green Bay Rd

Year built

1998

Construction

BRICK

Lot size

0.11 AC

Property size (Sq ft)

35,985 SF

Property type

Retail space

APN

16-23-314-006

APU

1623314006

Description

This exceptional 988-square-foot executive office suite is available for lease in Highland Park, Illinois, located within a fully renovated building. Previously utilized as a COVID testing center, the space boasts an open floor plan, ideal for a variety of professional uses. The suite includes a built-in reception/waiting area complete with a counter and sink, providing immediate functionality. The property offers significant expansion potential, with an adjacent 2,500-square-foot area available for lease should your business require additional space. Building amenities include convenient elevator access and ample free parking, a significant advantage in this highly desirable location. The building is a Class C property, constructed in 1998, and situated in Lake County. Its strategic location offers unparalleled convenience, with close proximity to the Metra commuter rail line, a wide array of restaurants, and numerous retail shops. This turnkey office space presents a unique opportunity to establish or expand your business in a vibrant and accessible location. The property is a single-tenant space, offering privacy and control. Don't miss this chance to secure this exceptional office suite in a highly sought-after area.

• CAP approach

  CAP return

  Valuation

  6%

  $9,551,353

  6.5%

  $8,816,633

  7%

  $8,186,874

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,206,346

  Geo Method

  $11,811,357

• Alternative Use

  Use

  Valuation

  Residential

  $7,437,160

  Hospitality

  $6,812,398

  Educational

  $5,667,836

  Medical

  $5,862,762

  Retail

  $8,816,633

Location Insight

City

Highland Park

County

Lake

State

Illinois

Latitude

42.1844

Longitude

-87.8022

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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