Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Parking lots & garages

    555 Roger Williams Ave, Highland Park, IL 60035

    48,467 SF 0.46 ac lot Built 2020
    Entity Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US28-1547880
    Property summary
    AI-generated overview

    This exceptional Class A retail property, Ravinia Crossing, offers 24,000 square feet of prime retail space in a brand-new, four-story building constructed in 2022. Located at 555 Roger Williams Avenue in Highland Park, Illinois (zip code 60035), this single-building development boasts a coveted location steps from the Metra station and within easy walking distance of the renowned Ravinia Music Festival and an array of upscale boutiques and restaurants. The property features one available retail space of 854 square feet, perfect for a variety of businesses. The building includes elevators for convenient access to all four floors. This mixed-use development also incorporates 30 new, high-quality apartments (18 two-bedroom and 12 one-bedroom units), creating a vibrant and bustling atmosphere. The property is situated in Lake County and benefits from a low tax rate of $7.21 per square foot. The architectural design, by Fitzgerald Associates, reflects a modern aesthetic, seamlessly blending into the charming Highland Park landscape. This is a unique opportunity to establish a presence in a thriving, upscale community with excellent accessibility and high foot traffic.

    Property profile
    Verified
    Property type Parking lots & garages
    Use group PARKING GARAGE, PARKING STRUCTURE
    Year built 2020
    Construction BRICK
    Total area 48,467 SF
    Lot 0.46 ac (20,155 SF)
    APN 16-36-103-022
    UPID US28-1547880
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Zaretsky Jacqueline Family Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $82.12M
    Blend (final) Blend
    $69.75M
    Owner & transaction history
    Klairmont Investments LLC · 20 yrs held
    Klairmont Investments LLC
    since 2006
    5 recorded transactions
    2022
    2006
    $1.8M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message