Retail Shopping Center with
1962 2nd Street Highland Park, IL 60035
1962 2nd Street, Highland Park, IL, 60035
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For Sale
Contact for pricing
Two-building retail property includes a shopping center and a two-story Dunkin’ Donuts with a drive-thru and onsite parking.
Property Size11,960 SF
Days on Market105
Property Features for 1962 2nd Street
General Information
- Standard status
- Active
- Size
- 11,960 SF
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Chicago Downtown
(224) 619-6808
Listed by
Brian Parmacek · License #IL 475.132220
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 2:13PM Checked: Jul 22 at 2:13PM
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 Marcus & Millichap - Chicago Downtown
Investment Insights
Based on property information with market context.
The property consists of two buildings totaling 10,060 square feet of shopping center space and a two-story 1,900 square-foot Dunkin’ Donuts with a drive-thru. Onsite parking is available for both buildings, and additional city parking is immediately east of the shopping strip for employees. The center was built in 2015 and is described as well maintained.
The property is 87 percent leased with tenants including Sherwin Williams, Subway, and Athletico, plus 1,328 square feet of vacant space. The seller will master-lease the vacant area for a two-year period and will provide an additional $20 per square-foot for a vanilla box build-out. All tenants operate under net leases, reimbursing their pro-rata share of common area maintenance, insurance, and taxes.
Located in Highland Park’s downtown area, the property is described as surrounded by other national retailers and within walking distance to the Highland Park Metra train station and other public transportation. Nearby uses referenced in the offering include Highland Park High School and Highland Park Hospital.
The property is 87 percent leased with tenants including Sherwin Williams, Subway, and Athletico, plus 1,328 square feet of vacant space. The seller will master-lease the vacant area for a two-year period and will provide an additional $20 per square-foot for a vanilla box build-out. All tenants operate under net leases, reimbursing their pro-rata share of common area maintenance, insurance, and taxes.
Located in Highland Park’s downtown area, the property is described as surrounded by other national retailers and within walking distance to the Highland Park Metra train station and other public transportation. Nearby uses referenced in the offering include Highland Park High School and Highland Park Hospital.
Key Highlights
- Two‑building retail investment in Highland Park, IL: 10,060 SF shopping center plus 1,900 SF two‑story Dunkin’ Donuts with drive‑thru
- 87% leased with tenants including Sherwin Williams, Subway, and Athletico; 1,328 SF vacant space available
- Seller will master‑lease the vacant 1,328 SF for two years and provide $20/SF for a vanilla box buildout
Property Analytics
Location Intelligence
Current Use by Public Records
Sherwin-Williams Paint Store
Hardware & Home Improvement
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FAQs
What type of property is this?
Shopping center - Two-building retail property includes a shopping center and a two-story Dunkin’ Donuts with a drive-thru and onsite parking.
Where is this shopping center located?
The property is located at 1962 2nd Street Highland Park, IL.
What are key features of this property?
This property features: Two‑building retail investment in Highland Park, IL: 10,060 SF shopping center plus 1,900 SF two‑story Dunkin’ Donuts with drive‑thru; 87% leased with tenants including Sherwin Williams, Subway, and Athletico; 1,328 SF vacant space available; Seller will master‑lease the vacant 1,328 SF for two years and provide $20/SF for a vanilla box buildout
