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    515 Park Dr Kenilworth, IL 60043

    For Sale
    $599,000

    Single-story commercial building suitable for retail, office, or service business.

    Property size:
    2,370 SF

    Property Features for 515 Park Dr

    General Information

    Size
    2,370 SF

    Building Details

    Year built
    1949

    Source: Wayne Caplan Agent Wayne Caplan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building Across From Metra

    Located on Park Drive across from the Metra station in Kenilworth, Illinois, this 2,370 square foot single-story commercial building is suitable for retail, office, or service businesses. The property benefits from street parking and visibility. Situated in Kenilworth's B-Business District and the village's TIF district, the current zoning allows for a 3+ story structure. There is potential for assemblage of up to approximately 11,000 square feet of land. Kenilworth is an affluent north shore suburban area of Chicago, approximately 15 miles from downtown. Green Bay Road serves as the major north-south commercial corridor in this area, which includes Winnetka and Wilmette.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Federalist Antiques Antique Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenilworth
    County
    Cook
    State
    Illinois
    Longitude
    -87.718269
    Latitude
    42.0864779

    FAQs

    What type of property is this?
    Storefront property - Single-story commercial building suitable for retail, office, or service business.
    Where is this storefront property located?
    The property is located at 515 Park Dr Kenilworth, IL.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Located across from the Kenilworth Metra station in an affluent Chicago suburb.; - Flexible B-Business zoning allows for various uses.; - Potential for assemblage of up to 11,000 SF of land for new development.
    (312) 529-5791
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    515 Park Dr Kenilworth, IL 60043
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    515 Park Dr
    Kenilworth, IL 60043
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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
    515 Park Dr Kenilworth, IL 60043
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