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    FOR SALE
    Office Units

    600-616 Laurel Ave Highland Park, IL 60035

    13,568 SF
    Property ID
    US28-Q024324
    600-616 Laurel Ave, Highland Park, IL 60035 For Sale 1 / 76
    $1,950,000 13,568 SF
    600-616 Laurel Ave, Highland Park, IL 60035
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    Available for sale is a 13,568 square foot, two-story mixed-use property in the heart of downtown Highland Park. The building is in excellent condition with a partially decked roof and numerous recent upgrades including a new roof, windows, tuck pointing, stucco and hot water heaters. The office space and one of the apartments were completely rehabbed in 2017 and ownership has over $240,000 of upgrades to the building. Retail in the area include DeNuccis Restaurant, Bluemercury, Eileen Fisher, NIC + ZOE, Orangetheory Fitness, Lou Malnati's Pizzeria, Anthropologie, Sunset Foods plus a multitude of boutiques, dining and entertainment options. The property is well-located on Laurel, which is part of the Commercial Pedestrian Core. Highland Park is an affluent suburb located in approximately 25 miles north of Chicago in the heart of the North Shore. This area is densely populated with an excellent average household income.

    Property profile
    Verified
    Property type Office Units
    Total area 13,568 SF
    UPID US28-Q024324
    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
    Value estimations
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    600-616 Laurel Ave, Highland Park, IL, 60035
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