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616 Laurel Ave

14,000 SF 82% Leased Retail Building Highland Park, IL 60035 For Sale

Executive Summary

Available for sale is a 14,000 square foot, two-story mixed-use property in the heart of downtown Highland Park. This offering is the perfect opportunity for a user or investor. The building is in excellent condition with a partially decked roof and numerous recent upgrades including a new roof, windows, and hot water heater. The two-story loft office space was completely rehabbed in 2017. Retail in the area include DeNuccis Restaurant, Bluemercury, Target, 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
14,000 SF
Building Class
C
Year Built
1960
Percent Leased
82%
Tenancy
Multiple
Number of Floors
2
Building FAR
1.89
Lot Size
0.17 AC
Zoning
B4-5
Frontage
85 ft on Laurel Ave

Amenities

  • 24 Hour Access
  • Bus Route
  • Public Transport
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,500 SF
  • Retail
  • -
  • 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.

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

1st Floor

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

1st Floor

Size 2,500 SF
Space Use Retail
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.

Walk Score ®
Very Walkable (85)
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
The Original Pancake House
Orangetheory Fitness
Chase Bank
Anytime Fitness
Starbucks
Bank of America
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-23-321-002
Land Assessment
£115,856
Improvements Assessment
£263,465
Total Assessment
£379,321
  • Listing ID: 34143945

  • Date on Market: 10/12/2024

  • Last Updated:

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

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