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    580 Roger Williams Ave Highland Park, IL 60035

    For Sale
    $1,400,000

    Well-maintained, 100% occupied building near Ravinia Business District.

    Property size:
    9,608 SF
    Lot size:
    0.14 Acres

    Property Features for 580 Roger Williams Ave

    General Information

    Size
    9,608 SF
    Lot size
    0.14 Acres

    Source: Millennium Properties Real Estate Agent Susan B. Silver

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

    Overview

    Boutique Building in Prime Location

    This well-maintained boutique building is 100% occupied with long-term tenants, providing strong cash flow. The property features below-market rents and tenants are responsible for utilities. It includes five parking spaces and an elevator. The building is located in a prime location, steps away from the Ravinia Business District, with easy access to public transportation, the Edens Expressway, and the train station. The zoning is B-2; Ravinia. Commercial attractions in the area include Ravinia, Walgreen’s, Abigail’s American Bistro, Happy Sushi, and Piero’s Pizza. The property size is 9608 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    New Day Psychology ... Psychologist Unimed Limited: Grossman ... Psychiatrist Kentor Paul M ... Doctor Advanced Chiropractic Center ... Chiropractor Astrid Hesse Psychologist

    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
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.784901
    Latitude
    42.1653772

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    FAQs

    What type of property is this?
    Office building - Well-maintained, 100% occupied building near Ravinia Business District.
    Where is this office building located?
    The property is located at 580 Roger Williams Ave Highland Park, IL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Prime location steps from Ravinia Business District; - 100% occupied with long-term tenants and strong cash flow; - Below market rents offer potential for increased revenue
    (312) 338-3000
    Request Owner's contact information
    580 Roger Williams Ave 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
    580 Roger Williams Ave Highland Park, IL 60035
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