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    734 Central Ave Highland Park, IL 60035-3235
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    Property profile & analytics

    734 Central Ave Highland Park, IL 60035-3235


    • Office buildings
    • 10,440 SF
    • 0.11 lot acres
    Off-Market
    Property ID
    US28-1771066
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Starkopf & Silverman / Law Firm
    • Central Avenue Printing / Marketing & Advertising / Printing Service
    • Trans World Travel Inc / Travel Agency
    • Sage Counsel Family Law / Law Firm / Child Welfare Organization

    Property Details for 734 Central Ave

    Year built
    1984
    Construction
    BRICK
    Lot size
    0.11 lot acres
    Property size
    10,440 SF
    Property type
    Office buildings
    APN
    16-23-314-001
    APU
    1623314001

    Description

    This exceptional two-story office building, located at 734 Central Ave in Highland Park, IL (zip code 60035), presents a unique investment opportunity. The 9,600 square foot building sits on a 10,000 square foot lot and boasts a fully finished basement, adding significant usable space. Currently occupied by long-term tenants, including a law firm (Chausow Shafer P.C.) and a travel agency (Trans World Travel), the property offers immediate income potential. The first and second floors feature flexible layouts with numerous private offices and conference rooms, catering to a variety of business needs. The building benefits from excellent visibility at the corner of Central and McGovern Avenues, a main thoroughfare in Highland Park, with dedicated rear parking for 14 cars and highly visible signage. The property is fully sprinklered and zoned B4-5, offering potential for residential redevelopment with city approval. The asking price is $1,395,000. The property's prime location offers easy access to the central business district, numerous shops, restaurants, and public transportation. Nearby amenities include Walgreens, Pottery Barn, Dunkin', McDonald's, and Walker Brothers Original Pancake House, along with a variety of high-end restaurants, theaters, gyms, boutiques, and spas. The high daily traffic count of 14,232 vehicles further enhances its desirability. 2021 property taxes were $63,543.72. This is a perfect opportunity for both users and developers seeking a prominent presence in this affluent North Shore suburb, approximately 25 miles north of Chicago.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Lake
    State
    Illinois
    Longitude
    -87.803
    Latitude
    42.1841
    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
    $20,657
    $103,566
    $105,641
    $209,207
    -
    $310,729
    $316,955
    $627,684
    More about this property
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