444 Elm Pl, Highland Park, IL
Renovated 1,930 SF office building in Highland Park, IL.
- Added:
- Sep 10, 2025
- Days on Market:
- 300
- Last Refresh:
- May 20 at 9:39 pm
Property Features for 444 Elm Pl
General Information
- Standard status
- Active
- Size
- 1,930 SF
- Lot size
- 0.18 Acres
- Property subtype
- OFFICE
Listing office Jameson Commercial (312) 216-8000
Listing date Sep 10, 2025
Source Moodyscre
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 Jameson Commercial
HighLights
- Prime investment opportunity in Highland Park, IL.
- Meticulously renovated 1,930 SF building suitable for office space.
- Renovated in 2018 with modern amenities.
- Strategic location in a highly sought‑after area.
- Contemporary design with functional workspace.
- Close proximity to major amenities.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.2k | $24.48 |
| − Vacancy | −$11.8k | −$6.10 |
| EGI | $35.5k | $18.38 |
| − OpEx | −$8.9k | −$4.60 |
| NOI | $26.6k | $13.79 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Highland Park
- County
- Lake
- State
- Illinois
- Longitude
- -87.7987
- Latitude
- 42.1883
