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    2018-2020 1St St Highland Park, IL 60035

    For Lease
    Contact for pricing

    Prime Retail, 5200 SF, High Visibility

    Lot size:
    5,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,200 square foot retail space is ideally situated on 1st Street in the vibrant downtown Highland Park, Illinois. The property boasts excellent visibility and ample parking, making it highly attractive to a wide range of businesses. Currently vacant, this single-tenant space offers a blank canvas for your retail vision. Its prime location offers unparalleled access to a thriving community. The property is conveniently located less than half a mile from the Highland Park Metra Station, ensuring easy access for commuters and customers alike. This strategic location places your business within close proximity to a diverse mix of established businesses, including Walgreens, Dunkin', MB Financial Bank, and McDonald's, among many others. The property is categorized as commercial retail and is located in Lake County, Illinois, with a zip code of 60035. The building's total square footage is 5,200 square feet, all of which is currently available for lease. This presents a unique opportunity to establish a strong presence in a high-traffic area with significant foot and vehicle traffic. The address is 2018-2020 1st Street, Highland Park, IL 60035. Don't miss this chance to secure a prominent retail location in a thriving downtown area.

    Property Features for 2018-2020 1St St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,200 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,200 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.8019247
    Latitude
    42.1890797

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    FAQs

    What type of property is this?
    Retail property - Prime Retail, 5200 SF, High Visibility
    Where is this retail property located?
    The property is located at 2018-2020 1St St Highland Park, IL.
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    2018-2020 1St St Highland Park, IL 60035
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    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
    2018-2020 1St St Highland Park, IL 60035
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