Highland Park, IL
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    Highland Park, IL Other Restaurants for Sale

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    Highwood, IL Deerfield, IL Bannockburn, IL
    Highland Park Mixed-Use Development Site
    $1,600,000
    0.83 Acres

    Highland Park Mixed-Use Development Site

    417-429 Temple Avenue, Highland Park, IL 60035

    36,438 SF mixed-use development site near downtown Highwood, IL.

    • 36,438 SF mixed‑use development site opportunity near downtown Highwood, IL.
    • Favorable zoning: B1A (Waukegan‑Bloom Neighborhood District) and RM1 (Medium to High Density Multi‑family).
    • Includes a brick commercial building built out for restaurant use with existing kitchen, bar, and dining areas.
    • Two parcels on Temple Ave with 100' of frontage.
    • Includes a single‑family home (417 Temple) and a tenant‑occupied single‑family home on Walker Ave.
    Updated: May 16, 2022
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    Mixed-Use Development Site Opportunity
    $1,600,000
    0.84 Acres

    Mixed-Use Development Site Opportunity

    417-429 Temple Avenue, Highland Park, IL 60035

    36,438 SF mixed-use development site near downtown Highwood, IL.

    • 36,438 SF mixed‑use development site opportunity.
    • Favorable zoning (B1A and RM1) for diverse development options.
    • Prime location bordering downtown Highwood, IL.
    • Existing brick commercial building (429 Temple Ave) built out for restaurant use with large seating, bar, kitchens, and equipment (hoods, black iron).
    • Includes parcels with frontage on both Temple Ave (100' frontage) and Walker Ave.
    Updated: May 16, 2022
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Highland Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Skokie Retail Plaza Opportunity
    $799,000
    7,500 SF

    Skokie Retail Plaza Opportunity

    Six-unit retail plaza with upside potential in Skokie, Illinois.

    3718-3724 Dempster Street, Skokie, IL 60076
    View details
    Prime Commercial Property on Howard Street
    $1,200,000
    0.41 Acres

    Prime Commercial Property on Howard Street

    High-visibility Chicago property with restaurant and parking potential.

    2723-2729 W Howard Avenue, Chicago, IL 60645
    View details
    Devon Avenue Mixed-Use Property
    $600,000
    5,350 SF

    Devon Avenue Mixed-Use Property

    Mixed-use property on Devon Avenue with income from two businesses.

    2114 W Devon Avenue, Chicago, IL 60659
    View details
    Skokie Boulevard Retail Property
    $379,999

    Skokie Boulevard Retail Property

    Retail property with two stores and parking in rear.

    8337 Skokie Boulevard, Skokie, IL 60077
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in High-Traffic Area
    $49,900
    0.17 Acres

    Commercial Land in High-Traffic Area

    Commercial land with high visibility and seller financing options.

    502 Belvidere Road, Waukegan, IL 60085
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    Waukegan Land Development Opportunity
    $559,000
    1.49 Acres

    Waukegan Land Development Opportunity

    Prime vacant land for commercial development in Waukegan, Illinois.

    1213 Grand Avenue, Waukegan, IL 60085
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    Waukegan Land For Sale
    $152,900
    1.41 Acres

    Waukegan Land For Sale

    1.41 acre corner lot ready for development in Waukegan.

    1730 W Beach Road, Waukegan, IL 60087
    View details
    Island Lake Commercial Land Available
    $1,500,000
    7.51 Acres

    Island Lake Commercial Land Available

    Highly visible 7.5 acre commercial land for sale.

    NEC Route 176 & Westridge Drive, Island Lake, IL 60042
    View details

    Off-Market Properties in Highland Park, IL

    Consider similar Off-Market properties in Highland Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    508 Central Ave

    508 Central Ave

    Restaurants • 17,000 SF
    Value Estimation by Request
    508 Central Ave, Highland Park, IL 60035
    View details

    Highland Park, IL Other Restaurants Investment Opportunities Market Analysis

    Explore 3 other restaurants for sale in Highland Park, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,200,000.

    Sale prices for other restaurants in Highland Park, IL start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Highland Park.

    Top Commercial Asset Segments

    Commercial kitchens 1

    Property Size Breakdown

    The majority of commercial real estate listings in Highland Park fall within the 10,000 to 25,000 square foot range.

    Demographics Overview

    Population 30K
    Population Growth (5Y) +1.7%
    Median Household Income $161,811
    College Educated 56.8%

    High-Yield Neighborhoods for Strategic Investment

    Identify Highland Park submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60035 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 7.98%
    Property Tax per SF $51.12 per sq ft
    Average Loan-to-Value 65.0%

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