Technical
Financial
Distress signals
Property profile

850 Central Ave Highland Park, IL 60035

OFF-MARKET
Banks
Property ID
US28-2535145
14,712 SF 0.44 ac lot Built 1978
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1978
Construction BRICK
Total area 14,712 SF
Lot 0.44 ac (19,001 SF)
APN 16-23-313-001
UPID US28-2535145

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Media Distribution
  • Advertising Agency Marketing & Advertising

Location

850 Central Ave Highland Park, IL 60035-3278
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
by Request
Comparable Approach Comparable
$1.14M
Blend (final) Blend
$1.51M

Owner & transaction history

since 2016
1 recorded transaction
2016
$500,000

Zoning & alternative use

Top alternative use upside
Restaurant $1.7M +48.9%
Medical building $1.3M +10.6%
Commercial (general) $1.2M +7.4%

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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