Versatile commercial property, ideal for redevelopment.
Property size:
41,204 SF
Description
Added:
Dec 11, 2024
Days on Market:
392
This exceptional value-add investment opportunity encompasses a 41,204-square-foot industrial campus situated on a 70,727.97-square-foot lot in Highland Park, IL (60035). The property consists of three single-story buildings totaling three units, currently vacant and available for occupancy November 8, 2024. The buildings, with addresses 1488, 1500, 1558, and 1564 Old Skokie Road, are zoned I (Light Industry) and offer a range of features including 9 dock-high doors, ceiling heights ranging from 14 to 30 feet, and ample parking (40 spaces). Building sizes vary, with one building constructed in 1947 (17,240 sq ft), another in 2005 (7,820 sq ft), and two buildings constructed in 1969 (3,515 sq ft and 7,190 sq ft, sharing a combined 10,500 sq ft). All buildings feature floor drains and triple catch basins. Roof ages vary, with sections replaced in 2006, 2009, and 2014. The property's prime location near Route 41 presents significant potential for various uses, including autobody repair, light manufacturing, warehousing, storage, retail, or office space. The property's existing infrastructure, including heavy power and multiple drive-in doors, makes it well-suited for a variety of businesses. APN: 16-27-112-001-0000 and 16-27-105-005-0000 & 16-27-105-006-0000. Virtual tours are available.
Property Features for 1500 Old Skokie Vly Rd
General Information
Property type
Automotive properties
Square Feet
41,204 SF
Class
B
Building Details
Buildings
3
Stories
1
Units
3
HighLights
Rare opportunity: Highland Park auto body & repair assemblage. Three industrial buildings totaling ~60,000 SF on ~60,000 SF of land. Excellent location adjacent to RT 41.
1488 Old Skokie Rd: 17,240 SF building on 43,560 SF lot. 16‑18' ceilings, 4 drive‑in doors, heavy power, floor drains, triple catch basins, 15 parking spaces. Built 1947, roof replaced in sections 2009. I‑1 Zoning.
1500 Old Skokie Rd: 7,820 SF building on 13,464 SF lot. 16‑22' ceilings, 3 drive‑in doors, heavy power, floor drains, triple catch basins, reception area, 4 offices, 10 parking spaces. Built 2005, roof replaced in sections 2006. I‑1 Zoning.
1558 & 1564 Old Skokie Rd: Combined 10,705 SF building on 13,704 SF lot. Large auto repair area, floor drains, triple catch basins, 10 parking spaces. Built 1969, roof replaced in sections (1564 in 2014). I‑1 Zoning.
Multiple business opportunities: auto body/repair, mechanic garage, car wash/detail, fleet maintenance, storage, light manufacturing, retail, or redevelopment. Excellent access to expressways. Do not disturb tenants; broker must accompany showings.
Automotive property - Versatile commercial property, ideal for redevelopment.
Where is this automotive property located?
The property is located at 1500 Old Skokie Vly Rd Highland Park, IL.
What are key features of this property?
This property features: Rare opportunity: Highland Park auto body & repair assemblage. Three industrial buildings totaling ~60,000 SF on ~60,000 SF of land. Excellent location adjacent to RT 41.; 1488 Old Skokie Rd: 17,240 SF building on 43,560 SF lot. 16-18' ceilings, 4 drive-in doors, heavy power, floor drains, triple catch basins, 15 parking spaces. Built 1947, roof replaced in sections 2009. I-1 Zoning.; 1500 Old Skokie Rd: 7,820 SF building on 13,464 SF lot. 16-22' ceilings, 3 drive-in doors, heavy power, floor drains, triple catch basins, reception area, 4 offices, 10 parking spaces. Built 2005, roof replaced in sections 2006. I-1 Zoning.
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1500 Old Skokie Vly Rd Highland Park, IL 60035
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Realmo Value Estimation
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Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
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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
1500 Old Skokie Vly Rd Highland Park, IL 60035
More about this listing
1500 Old Skokie Vly Rd, Highland Park, IL
Mike Levin
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1500 Old Skokie Vly Rd, Highland Park, IL
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1500 Old Skokie Vly Rd, Highland Park, IL
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1500 Old Skokie Vly Rd, Highland Park, IL
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to 1500 Old Skokie Vly Rd Highland Park, IL 60035
1500 Old Skokie Vly Rd, Highland Park, IL
Mike Levin
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