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    716 Central Ave Highland Park, IL 60035

    For Lease
    $2,500 /Mo ($17 SF/Yr)

    1,700 SF retail space in Highland Park, Illinois.

    Property size:
    1,700 SF
    Lot size:
    0.11 Acres

    Property Features for 716 Central Ave

    General Information

    Size
    1,700 SF
    Lot size
    0.11 Acres

    Source: Strauss Realty, Ltd. Agent MJ Weinberger

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

    Overview

    Retail Space on Central Avenue

    This is approximately 1,700 square feet of retail space situated on Central Avenue, a major east-west thoroughfare in Highland Park. The space is move-in ready with a well-finished interior. It is part of a two-story building and includes available on-site parking. The property is located in an area with numerous retailers, shops, and restaurants, including the Port Clinton Square Shopping Mall and Renaissance Place Shopping Mall.
    Insight Report Location Intelligence

    Current Use by Public Records

    Club Canna Vitamin & Supplements Store Loud Pizza Records Record Store Fithouse Physical Fitness Program

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.8026962
    Latitude
    42.1841807

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    FAQs

    What type of property is this?
    Retail space - 1,700 SF retail space in Highland Park, Illinois.
    Where is this retail space located?
    The property is located at 716 Central Ave Highland Park, IL.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on Highland Park's major east-west artery, Central Avenue.; - Beautifully built-out and ready for immediate use.; - Approximately 1,700 square feet of retail space.
    (847) 334-2587
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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
    716 Central Ave Highland Park, IL 60035
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