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    1850 2Nd St Highland Park, IL 60035

    • Retail space
    • 50,180 SF
    • 0.49 lot acres
    For Lease
    View listing
    Value Estimation
    $9,050,000
    Location Intelligence
    Property ID
    US28-1365442
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Anytime Fitness / Gym
    • The Diver North Shore / Restaurant
    • Diver Cantina North Shore / Restaurant
    • Wayfarer Theaters / Movie Theater
    • Gabby & Summer Classics / Bedroom Furniture Store / Furniture Manufacturer

    Property Details for 1850 2Nd St

    Year built
    1965
    Construction
    BRICK
    Lot size
    0.49 lot acres
    Property size
    50,180 SF
    Property type
    Retail space
    APN
    16-23-308-037
    APU
    1623308037

    Description

    This exceptional 9,000-square-foot Class A executive office suite is available for lease in the prestigious Renaissance Place building at 1850 2nd St, Highland Park, IL 60035. Located on the second floor, this beautifully appointed space boasts multiple private offices, spacious conference rooms, and a unique amenity: a private gym and shower. Enjoy abundant natural light throughout. The suite features a dedicated storefront entrance and convenient private elevator access. On-site parking is available in a secure garage. The building itself, constructed in 1965, offers 50,180 total square feet. Its prime downtown Highland Park location provides unparalleled convenience. Situated just one block west of the Highland Park Metra Station, it offers easy access to public transportation. Route 41 is approximately two miles away. A vibrant array of dining and retail options are within steps, including Starbucks, Walker Brothers, Backyard BBQ, Potbelly, Michael's Hot Dogs, Once Upon a Deli, Lou Malnati's, Walgreens, Dunkin Donuts, Sushi Kushi, FedEx Office, and Lao Sze Chuan. This is a truly remarkable opportunity to secure a high-quality, well-appointed office space in a thriving downtown location. Lake County's business-friendly environment adds to the appeal of this exceptional property.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.8021
    Latitude
    42.1864
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $95,555
    $409,818
    $544,534
    $954,352
    -
    $1,229,577
    $1,633,765
    $2,863,342

    Comparable in this City

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      332 Skokie Vly Rd, Unit 201

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    • Value Estimation
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      2,446 SF

      332 Skokie Vly Rd, Unit 202

      RETAIL STORES (PERSONAL SERVICES) • 2,446 SF
      332 Skokie Vly Rd, Highland Park, IL 60035-4415
      View Details

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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
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