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    417-429 Temple Ave Highland Park, IL 60035

    Under Contract
    For Sale
    $1,600,000

    Land - Highland Park, IL

    Lot size:
    0.83 Acres
    Days on Market:
    91
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 417-429 Temple Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    COMMR
    APN
    16143010190000
    Lot size
    0.83 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    United Real Estate-Chicago (630) 748-4660 [email protected]

    Listing agent Brandon Kurdziel (630) 748-4660 License #475143706

    Listing date Sep 16, 2025

    MLS# 11406140 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highland Park Mixed-Use Development Site

    This is a 36,438 square foot mixed-use development site consisting of four parcels. The property is located near downtown Highwood, IL. Two parcels on Temple Avenue, totaling 21,902 square feet, are zoned B1A Waukegan-Bloom Neighborhood District and have 100 feet of frontage on Temple Avenue. The other two parcels connect in the rear and have frontage on Walker Avenue. These parcels are zoned RM1 Medium to High Density Multi-family, adding an additional 14,626 square feet. A brick commercial building at 429 Temple Avenue is built out for restaurant use, featuring a large seating room and bar, a large kitchen, and a cooler on the first floor. The second floor includes another dining room, two private rooms, a second kitchen, a butler pantry, and office space. The property has hoods and black iron. At 417 Temple Avenue, there is a frame single family home in need of repairs, currently used for storage. It has four bedrooms, one and a half baths, a large living room, a formal dining room, and a kitchen. The Temple Avenue property also includes a large gravel parking lot, driveway, and a four-car garage. The Walker Avenue property has a single family home with a tenant paying under market rents. The lot size is 0.83 acres.
    Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.8078191
    Latitude
    42.2022079

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    FAQs

    What type of property is this?
    Mixed-use property - 36,438 SF mixed-use development site near downtown Highwood, IL.
    Where is this mixed-use property located?
    The property is located at 417-429 Temple Ave Highland Park, IL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - 36,438 SF mixed-use development site opportunity near downtown Highwood, IL.; - Favorable zoning: B1A (Waukegan-Bloom Neighborhood District) and RM1 (Medium to High Density Multi-family).; - Includes a brick commercial building built out for restaurant use with existing kitchen, bar, and dining areas.
    (630) 748-4660
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    417-429 Temple Ave Highland Park, IL 60035
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    Highland Park, IL 60035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    417-429 Temple Ave Highland Park, IL 60035
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