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    1788 2Nd St Highland Park, IL 60035

    Sponsored
    For Lease
    $20 SF/Yr

    Prime Highland Park office suites available.

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This attractive two-story, 14,000 square foot Class B office building, renovated in 2018, is located at 1788 2nd St, Highland Park, IL 60035. The property sits on 0.09 acres of land in Lake County and offers multiple tenancy options. Two office spaces are currently available, ranging from 385 to 560 square feet. The building features an elevator and HVAC, and is owner-managed. The building's prime second-floor office space provides stunning views of the vibrant downtown area. This mixed-use building also includes retail space. The location benefits from high daily traffic counts of approximately 28,000 cars. Highland Park is a highly desirable location, consistently ranked among the nation's best towns to live and work, boasting over 100 retailers and numerous award-winning restaurants. The building is zoned for commercial use.

    Property Features for 1788 2Nd St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF
    Class
    B
    Total Rate
    23333.33

    Building Details

    Year Renovated
    2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    201
    Size
    560 SF
    Rate per SF
    $20
    Space
    200
    Size
    385 SF
    Rate per SF
    $20

    HighLights

    • High‑speed elevator access.
    • Operable windows allowing for natural light and ventilation.
    • Panoramic downtown Highland Park views.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ooh'lah Lash Beauty Salon Performance Media Partners Advertising Agency Veracity Med Spa Medical Spa Glassman Jason Social Worker

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.800744962885
    Latitude
    42.184973345488

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    FAQs

    What type of property is this?
    Office space - Prime Highland Park office suites available.
    Where is this office space located?
    The property is located at 1788 2Nd St Highland Park, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: High-speed elevator access.; Operable windows allowing for natural light and ventilation.; Panoramic downtown Highland Park views.
    Request Owner's contact information
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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
    1788 2Nd St Highland Park, IL 60035
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