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    647 Central Ave Highland Park, IL 60035

    Sponsored
    For Lease
    Contact for pricing

    Prime Central Ave storefront, 2750 sq ft.

    Lot size:
    2,750 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,750 square foot retail space is ideally situated on Central Avenue in Highland Park, Lake County, offering unparalleled visibility and accessibility. Currently vacant and available for lease starting January 1, 2025, this property presents a unique opportunity for a variety of businesses. Boasting 21 feet of frontage along Central Avenue, which experiences a daily traffic count of 15,300 vehicles, this location ensures high exposure to potential customers. The space's strategic placement is further enhanced by its proximity to the Metra station, encouraging significant foot traffic. Inside, the bright and clean space features a 9.5-foot ceiling, providing an airy and welcoming atmosphere. Convenient amenities include built-in dressing rooms and a partial basement, ideal for storage. The property benefits from a thriving commercial environment, surrounded by established businesses such as Naturepedic, Pets 4 Life Animal Hospital, Ross Cosmetics, Gordon Aveda Hair Salon, Blue Mercury, Café Dacha, and Beanstalk, creating a synergistic and attractive retail cluster. This is a rare opportunity to establish a presence in a highly desirable and walkable area of Highland Park. The entire 2,750 square feet is available for lease as a single unit.

    Property Features for 647 Central Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,750 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,750 SF

    HighLights

    • Retail property totaling 2,750 square feet.
    • Entire space available for lease (2,750 SF).
    • Located in Highland Park, Lake County.
    • High visibility storefront with 21 feet of frontage on Central Avenue, experiencing 15,300 vehicles daily.
    • Available January 1, 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    NIC+ZOE Women'S Clothing Store

    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
    -87.8014245
    Latitude
    42.1851866

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    FAQs

    What type of property is this?
    Retail property - Prime Central Ave storefront, 2750 sq ft.
    Where is this retail property located?
    The property is located at 647 Central Ave Highland Park, IL.
    What are key features of this property?
    This property features: Retail property totaling 2,750 square feet.; Entire space available for lease (2,750 SF).; Located in Highland Park, Lake County.
    Request Owner's contact information
    647 Central Ave Highland Park, IL 60035
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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
    647 Central Ave Highland Park, IL 60035
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