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Multi-Tenant Retail and Office Building
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Pending

799 Central Ave, Highland Park, IL 60035

Multi-tenant building built in 2003 with first-floor retail and second-floor office space, currently 54% leased.

Days on Market111

Property Features for 799 Central Ave

General Information

Standard status Pending
Property subtype Retail, Office
Listing Agency: Frontline Real Estate Partners
Listed By: Matthew Tarshis · License #IL 481011744
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 29 at 5:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners

Investment Insights

Based on property information with market context.

Multi-tenant retail and office building constructed in 2003 totaling 57,728 square feet across 10 units. The property includes 44,999 square feet of first-floor retail space and 12,729 square feet of second-floor office space. Current occupancy is reported at 54%, with tenants including Fifth Third Bank, Ivy Rehab, Soul to Sole Dance, Central Blo Bar, E&d Nails, Crown Brands, Streetmac, and Sf Investments.

The building includes 799 Central, an endcap bank branch with a four-lane drive-thru and monument signage along Central Avenue. It also features a three-level on-site parking garage totaling 226 spaces. The property is located along Central Avenue in Highland Park and is less than one mile from U.S. Route 41, which merges into Interstate-94. The Highland Park Metra station is within walking distance.

The asset’s unit mix supports simultaneous retail activity on the ground level and office use on the second floor, with dedicated parking provided via the on-site multi-level garage.

Key Highlights

  • Multi‑tenant retail/office building constructed in 2003 totaling 57,728 SF across 10 units
  • First‑floor retail totals 44,999 SF and second‑floor office space totals 12,729 SF
  • Currently 54% leased with tenants including Fifth Third Bank, Ivy Rehab, Soul to Sole Dance, and more

Property Analytics

Current Use

Ivy Rehab Physical ... Medical Clinic Central BloBar Blow ... Hair Salon T&T Nails Nail Salon 1880 Hospitality Corporate Office Oneida Hospitality Group Corporate Office

Suggested Use

Top Pick Auto Repair Shop Restaurant Auto Parts Store Storage Facility Grocery & Convenience Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,761
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60035, IL

30,152
Population
12,376
Households
2.4
Avg Household Size
47
Median Age
76%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
2,374
Density / Sq Mi
$161,811
Median Household Income
$78,658
Median Earnings
$1,903
Median Rent
$594,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant building built in 2003 with first-floor retail and second-floor office space, currently 54% leased.
Where is this shopping center located?
The property is located at 799 Central Ave Highland Park, IL.
What are key features of this property?
This property features: Multi‑tenant retail/office building constructed in 2003 totaling 57,728 SF across 10 units; First‑floor retail totals 44,999 SF and second‑floor office space totals 12,729 SF; Currently 54% leased with tenants including Fifth Third Bank, Ivy Rehab, Soul to Sole Dance, and more
(847) 780-8062 Call to check price and availability
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