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Kenilworth Land Development Opportunity 2 Retail Properties Offered at $1,919,390 CAD in Kenilworth, IL

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INVESTMENT HIGHLIGHTS

  • Approx. 8,621 SF land site in downtown Kenilworth with easy street parking
  • Great visibility and location - across the street from the Kenilworth Metra train station
  • Zoning would allow for an approx. 30,000 SF new building up to 35 ft high
  • Flexible B Business zoning allows for many possible uses including retail, office/medical, residential condos/apartments
  • Located in Kenilworth's TIF District
  • Incredible demographics with over $430K average annual income and over $1 million average home value

EXECUTIVE SUMMARY

SVN Chicago Commercial is pleased to present 515-519 Park Drive in north suburban Kenilworth, IL - an affluent north suburb of Chicago. This opportunity consists of an approx. 8,621 SF land site encompassing two properties. Existing B zoning would allow for a mixed-use, or office development approx. 35 ft high and approx. 30,000 SF. Potential uses are office, retail/restaurant, residential condos, or apartments with ground-floor commercial space and on-site parking. Priced to sell. The properties also sit in Kenilworth's Green Bay Road TIF district.

ATTACHMENTS

Sale OM

PROPERTY FACTS

Price $1,919,390 CAD
Price / SF $235.65 CAD / SF
Sale Condition Redevelopment Project
Sale Type Investment or Owner User
Status Under Contract
Number of Properties 2
Individually For Sale 2
Total Building Size 8,145 SF
Total Land Area 0.19 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
519 Park Dr, Kenilworth, IL 60043 Retail 5,775 SF 1990 $1,081,838 CAD
515 Park Dr, Kenilworth, IL 60043 Retail 2,370 SF 1949 $836,156 CAD
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  • Listing ID: 31389760

  • Date on Market: 2024-04-02

  • Last Updated:

  • Address: Kenilworth Land Development Opportunity, Kenilworth, IL

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