508 Central Ave, Highland Park, IL 60035
This exceptional Class A mixed-use building, located at 508 Central Avenue in downtown Highland Park, Illinois (zip code 60035), offers a prime opportunity for businesses seeking a vibrant and convenient location. The 17,000 square foot building, constructed in 1997 and extensively renovated in 2022, features a blend of retail, office, and restaurant spaces. Currently, three office suites are available, ranging from 400 to 1,110 square feet, perfect for a variety of businesses. Situated on a 0.52-acre lot at the southeast corner of Central and St. Johns Avenues, the two-story building enjoys high visibility and accessibility. Its prime downtown location provides easy access to the Metra station, numerous restaurants, retail shops, banks, public transportation, ample parking, and the post office. Highland Park consistently receives high rankings as a desirable place to live and work, boasting a thriving downtown area with over 100 retailers, including many acclaimed restaurants. The building is a single structure with no elevators. This is an unparalleled opportunity to establish your business in a thriving and highly sought-after community.
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The Ribbon Print Company Printing Service (Bike/Boat/Book/etc) Store
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Studio BOKA Hair Salon Nail Salon
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Edward Phillip K Physician
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Pastoral Counseling Services Family Counselor
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Kaufman Edward P Foster Care Service Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.