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New Retail Space in Highland Park
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445 Central Ave, Highland Park, IL 60035

Retail space for lease in downtown Highland Park near Metra.

Space Size2,032 SF - 3,245 SF
Property Size16,270 SF
Days on Market202

Property Features for 445 Central Ave

General Information

Standard status Active
Size 2,032 SF - 3,245 SF
Property subtype Retail

Building Details

Building Size 16,270 SF
Year Built 2020

Spaces For Lease

at 445 Central Ave Contact us

Suite A

Size
3,245 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite B

Size
2,379 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite C

Size
2,032 SF
Type
Street Retail
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Frontline Real Estate Partners, LLC
Listed By: Matthew Tarshis · License #475156642
Source: Frontlinerepartners
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 17 at 4:58AM

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, LLC

Investment Insights

Based on property information with market context.

Available for lease are retail spaces ranging from 2,023 to 5,724 square feet at the base of a new commercial building constructed in 2020. The two-story concrete masonry building is situated along Central Avenue, which sees approximately 5,400 vehicles per day. The property is located in a thriving commercial corridor with many retailers, restaurants, offices, schools, and service businesses. The location provides convenient access to Route-41 (less than 1 mile west) and is steps from the Highland Park Metra Station, offering direct access to Chicago and surrounding suburbs. The available storefronts are located on the north side of Central Avenue in Highland Park, approximately 25 miles north of downtown Chicago. The property is located on the east side of downtown Highland Park, near office and medical professionals, schools, and parks. The Highland Park Metra Station is steps west of the property, and Route-41 is within one mile. The Chicago Botanic Garden, a 385-acre plant museum, is less than 2.5 miles south of the property, and Ravinia Festival is just north. Downtown Highland Park has recently added The Albion, consisting of a 161-unit and 89-unit apartment buildings. The vacant units are in vanilla box condition, offering flexible tenant layouts with natural lighting and outdoor patio potential along Central Avenue. The property is located in a dense, affluent neighborhood with 26,789 residents within a three-mile radius.

Key Highlights

  • Prime location in the heart of downtown Highland Park, surrounded by retailers, restaurants, offices, and other businesses.
  • Steps from the Highland Park Metra Station, providing direct access to Chicago and surrounding suburbs.
  • New construction (2020) offering 2,023 - 5,724 SF of flexible retail space with excellent natural lighting.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Daycare Center Storage Facility Carpet & Flooring Store Catering Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,108
Businesses Nearby
78k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 41% Home Improvements & Furnishings 4% Beauty & Spa 3%
McDonald's Dining
15,198 visits/mo 0.3 miles
BP Shops & Services
10,467 visits/mo 0.4 miles
Dunkin' Donuts Dining
8,701 visits/mo 0.4 miles
Starbucks Dining
6,623 visits/mo 0.4 miles
Chase Bank Shops & Services
6,312 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for lease in downtown Highland Park near Metra.
Where is this retail space located?
The property is located at 445 Central Ave Highland Park, IL.
What are key features of this property?
This property features: Prime location in the heart of downtown Highland Park, surrounded by retailers, restaurants, offices, and other businesses.; Steps from the Highland Park Metra Station, providing direct access to Chicago and surrounding suburbs.; New construction (2020) offering **2,023 - 5,724 SF of flexible retail space with excellent natural lighting.**
More about this property
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