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    Property profile & analytics
    OFF-MARKET Estimated value $1,475,000
    Office buildings

    600 Laurel Ave, Highland Park, IL 60035-3502

    13,568 SF 0.17 ac lot Built 1950
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US28-1626122
    Property summary
    AI-generated overview

    This exceptional 2,500-square-foot office space, situated within a 14,000-square-foot mixed-use building at 600 Laurel Ave, Highland Park, IL 60035, presents a unique leasing opportunity. Located in the heart of Highland Park's vibrant commercial pedestrian core, this property benefits from its central location and proximity to a wealth of amenities. The building, constructed in 1960 and extensively renovated in 2017, offers a blend of modern updates and classic charm. The space itself boasts two bathrooms, two kitchens, a flexible layout encompassing both private offices and open work areas, and the potential for division into two 1,250-square-foot units. The B-5 Central Business District zoning allows for a variety of uses. This two-story building is ideally situated within a thriving retail environment, with nearby establishments including DeNuccis Restaurant, Bluemercury, Target, Eileen Fisher, NIC + ZOE, Orangetheory Fitness, Lou Malnati's Pizzeria, Anthropologie, and Sunset Foods, along with numerous boutiques, restaurants, and entertainment venues. Highland Park, an affluent North Shore suburb approximately 25 miles north of Chicago, offers a high-density population and excellent demographics. This is a rare opportunity to secure a well-appointed office space in a highly desirable location. The building is currently single-tenant occupied, with 2,500 square feet available for lease.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1950
    Construction BRICK
    Total area 13,568 SF
    Lot 0.17 ac (7,501 SF)
    APN 16-23-321-002
    UPID US28-1626122
    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
    • Rena Zaid, Lac Alternative Medicine Practice Acupuncture
    • Falcons Eye Media LLC Tutoring Service
    • North Shore Chinese Medicine Alternative Medicine Practice Acupuncture
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.48M
    Blend (final) Blend
    $1.48M
    Owner & transaction history
    600 Holdings LLC · 8 yrs held
    600 Holdings LLC
    since 2017
    3 recorded transactions
    2017
    $1.5M
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.4M +44.4%
    Restaurant $2.3M +41.0%
    Retail stores $1.7M +5.1%
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