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$ 1,600,000
Est. payment | /mo
7,800 SqFt
$ 1,600,000
Est. payment | /mo
7,800 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $205
MLS Listing ID 11405854
Year Built 1920
Annual Tax Amount $35,892
Tax Year 2021
Lot Dimensions 100 X 219 + IRREGULAR LOT
Property Description
Proud to introduce an opportunity to develop a 36,438 SF mixed-use development site. Currently consisting of 4 parcels, the site has not been offered for sale in generations. This is a prime opportunity to develop an iconic property next to downtown Highwood IL. Currently in Highland Park, the property borders Highwood. 2 parcels on Temple Ave consisting of 21,902 SF, have favorable zoning in the B1A Waukegan-Bloom Neighborhood District and have 100' of frontage on Temple. The additional 2 parcels which connect in the rear of the lot and have frontage on Walker Ave are zoned RM1 Medium to High Density Multi-family and adds an additional 14,626 SF bringing the total for all 4 parcels to 36,438 SF. Currently at 429 Temple Ave sits a brick commercial building that is built out for restaurant use. Large seating room and bar along with large kitchen and cooler are on the first floor. On the 2nd floor is another dining room and 2 private rooms. There is also a 2nd kitchen, butler pantry, and office space. Property has hoods and black iron. At 417 Temple sits a frame single family home in need of repairs currently used for storage. The property has 4 bedrooms 1.5 baths, large living room, formal dining room, and kitchen. The Temple property also has a large gravel parking lot, driveway, and 4 car garage. On the Walker property sits a single family home, tenant paying under market rents. PIN #s: 423 Temple (429 Temple) 16143010190000, 417 Temple 16143010140000, 376 Walker 16143010040000 + 16143010030000
Location
State IL
County Lake
Area Highland Park
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick,Wood Frame
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Brandon Kurdziel • United Real Estate-Chicago
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Alan Berlow
REALTOR | Lic# 475125930