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616 Laurel Ave 13,568 SF 73% Leased Retail Building Highland Park, IL 60035 For Sale

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Executive Summary

Available for sale is a 13,568 square foot, two-story mixed-use property in the heart of downtown Highland Park. The building is in excellent condition with a partially decked roof and numerous recent upgrades including a new roof, windows, tuck pointing, stucco and hot water heaters. The office space and one of the apartments were completely rehabbed in 2017 and ownership has over $240,000 of upgrades to the building. Retail in the area include DeNuccis Restaurant, Bluemercury, Eileen Fisher, NIC + ZOE, Orangetheory Fitness, Lou Malnati’s Pizzeria, Anthropologie, Sunset Foods plus a multitude of boutiques, dining and entertainment options. The property is well-located on Laurel, which is part of the Commercial Pedestrian Core.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
13,568 SF
Building Class
C
Year Built
1960
Percent Leased
73%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.83
Lot Size
0.17 AC
Zoning
B4-5
Frontage
85’ on Laurel Ave

Amenities

  • 24 Hour Access
  • Bus Line
  • Metro/Subway
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,500 SF
  • Office
  • -
  • Now

Available for lease is a 2,500 square foot office space in a 14,000 square foot mixed-use building. The unit was completely rehabbed in 2017 and is improved with two bathrooms, two kitchens, several offices and open space. The space can be easily divided into two separate, 1,250 square foot units.

  • 616
  • 1,250 SF
  • Office
  • -
  • Now

Plug and play, newly updated office loft space. Well located in downtown Highland Park,

Space Size Space Use Position Available
1st Floor 2,500 SF Office - Now
616 1,250 SF Office - Now

1st Floor

Size
2,500 SF
Space Use
Office
Position
-
Available
Now

616

Size
1,250 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 2,500 SF
Space Use Office
Position -
Available Now

Available for lease is a 2,500 square foot office space in a 14,000 square foot mixed-use building. The unit was completely rehabbed in 2017 and is improved with two bathrooms, two kitchens, several offices and open space. The space can be easily divided into two separate, 1,250 square foot units.

616

Size 1,250 SF
Space Use Office
Position -
Available Now

Plug and play, newly updated office loft space. Well located in downtown Highland Park,

Walk Score®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Yoga Six
StretchLab
The Bar Method
Orangetheory Fitness
Anytime Fitness
Bank of Montreal
Chase
Bank of America
The Original Pancake House
Citi

Property Taxes

Property Taxes

Parcel Number
16-23-321-002
Land Assessment
$219,783 CAD
Improvements Assessment
$499,806 CAD
Total Assessment
$719,589 CAD
  • Listing ID: 34143945

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 616 Laurel Ave, Highland Park, IL 60035

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