Property profile

1837 2nd St Highland Park, IL 60035

OFF-MARKET
Retail space
Property ID
US28-1440017
5,720 SF 0.26 ac lot Built 1955
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction BRICK
Total area 5,720 SF
Lot 0.26 ac (11,252 SF)
APN 16-23-309-012
UPID US28-1440017

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1837 2nd St Highland Park, IL 60035
Highland Park metro Census 865400 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$900k
Comparable Approach Comparable
$681k
Blend (final) Blend
$455k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2019
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.0M +42.7%
Auto repair, garage $1.0M +37.4%
Restaurant $975,000 +34.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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