Highland Park, IL Restaurants for Sale

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Highwood, IL Deerfield, IL Northbrook, IL

Updated: Jun 1

Net-Leased Neighborhood Retail Center

1833 Deerfield Rd, Highland Park, IL 60035

$7,990,000

20,537 sqft

Neighborhood retail center built in 1988
Anchored by a freestanding Starbucks operating since 2002 with nearly six years remaining on its lease term
Long‑tenured mix of medical, service, and restaurant tenants operating under net leases
Full ingress and egress off Deerfield Road with 21,700 vehicles per day
Near Skokie Highway with 63,600 vehicles per day

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Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 1 Active listings in Highland Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Iconic Restaurant & Real Estate Opportunity

260 S Milwaukee Avenue, Wheeling, IL 60090

$799,900

3,255 sqft · 0.73 AC lot

Profitable restaurant and prime real estate on Restaurant Row.

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Turnkey Freestanding Restaurant with Drive-Thru

720 E Rand Road, Mount Prospect, IL 60056

$1,499,000

0.54 AC lot

Freestanding restaurant with existing drive-thru and fully equipped kitchen, positioned for visibility on a major Rand Road corridor.

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High Traffic Restaurant with Gaming

241 S Milwaukee Avenue, Wheeling, IL 60090

$2,099,000

12,000 sqft

Restaurant with gaming in high-traffic location for sale.

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Retail Property in Mount Prospect

1065-1069 N Elmhurst Rd, Mount Prospect, IL

$3,856,340

6,809 sqft · 69.21 AC lot

Retail property with strong tenant lineup in Chicago MSA.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mundelein, IL Commercial Land

331 Plaza Circle lot: 4, Mundelein, IL 60060

$286,000

0.43 AC lot

Commercial land available in Mundelein, Illinois.

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Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Commercial Land in High-Traffic Area

502 Belvidere Road, Waukegan, IL 60085

$49,900

0.17 AC lot

Commercial land with high visibility and seller financing options.

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Waukegan Land Development Opportunity

1213 Grand Avenue, Waukegan, IL 60085

$559,000

1.49 AC lot

Prime vacant land for commercial development in Waukegan, Illinois.

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Off-Market Properties in Highland Park, IL

Consider similar Off-Market properties in Highland Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

1853 2nd St, Highland Park, IL 60035-3113

Value Estimation by Request

3,394 sqft · 0.08 AC lot

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RESTAURANT

600 Elm Pl, Highland Park, IL 60035-3121

$1,130,000

Estimated value

6,276 sqft · 0.17 AC lot

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RESTAURANT

592 Roger Williams Ave, Highland Park, IL 60035-4816

$655,000

Estimated value

3,271 sqft · 0.09 AC lot

View details

RESTAURANT

2063 Skokie Vly Rd, Highland Park, IL 60035-1728

$1,860,000

Estimated value

5,354 sqft · 1.22 AC lot

View details

RESTAURANT

1538 Clavey Rd, Highland Park, IL 60035-4459

$805,000

Estimated value

8,763 sqft · 0.70 AC lot

View details

RESTAURANT

1879 2nd St, Highland Park, IL 60035-3113

$915,000

Estimated value

7,310 sqft · 0.17 AC lot

View details

RESTAURANT

620 Central Ave, Highland Park, IL 60035-3226

$915,000

Estimated value

7,530 sqft · 0.16 AC lot

View details

RESTAURANT

455 Central Ave, Highland Park, IL 60035-2622

Value Estimation by Request

2,416 sqft · 0.06 AC lot

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RESTAURANT

431 Temple Ave, Highland Park, IL 60035-1428

Value Estimation by Request

2,040 sqft · 0.18 AC lot

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RESTAURANT

2069 Grn Bay Rd, Highland Park, IL 60035-2562

Value Estimation by Request

2,251 sqft · 0.15 AC lot

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RESTAURANT

1899 2nd St, Highland Park, IL 60035-3153

$1,525,000

Estimated value

14,688 sqft · 0.17 AC lot

View details

RESTAURANT

2560 Skokie Vly Rd, Highland Park, IL 60035-1739

Value Estimation by Request

2,822 sqft · 0.76 AC lot

View details

RESTAURANT

1996 2nd St, Highland Park, IL 60035-3116

Value Estimation by Request

1,932 sqft · 0.58 AC lot

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Restaurants

508 Central Ave, Highland Park, IL 60035

Value Estimation by Request

17,000 sqft · 0.52 AC lot

View details

RESTAURANT

1990 Skokie Vly Rd, Highland Park, IL 60035-2362

Value Estimation by Request

1,872 sqft · 0.44 AC lot

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RESTAURANT

2566 Skokie Vly Rd, Highland Park, IL 60035-1739

Value Estimation by Request

3,002 sqft · 0.76 AC lot

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RESTAURANT

90 Skokie Vly Rd, Highland Park, IL 60035-4402

Value Estimation by Request

2,624 sqft · 0.88 AC lot

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RESTAURANT

1988 1st St, Highland Park, IL 60035-3135

$605,000

Estimated value

4,495 sqft · 0.76 AC lot

View details

Highland Park, IL Restaurants Market Trends and Statistics

Explore 19 restaurants for sale in Highland Park, IL on our real estate platform. These investment opportunities span a total of 20,537 square feet of properties for sale, with an estimated market value of $7,990,000.

Sale prices for restaurant properties in Highland Park, IL start at $7,990,000, averaging $7,990,000, and reaching up to $7,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 30K

Population Growth (5Y) +1.7%

Median Household Income $161,811

College Educated 56.8%

High-Yield Neighborhoods for Investment

Identify Highland Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
60035	$8M

Taxes & Financing

Tax Rate (average for all types) 7.98%

Property Tax per SF $51.12 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Highland Park fall within the 10,000 to 25,000 square foot range.

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Highland Park, IL Restaurants for Sale

1833 Deerfield Rd, Highland Park, IL 60035

Opportunities in Nearby Cities

260 S Milwaukee Avenue, Wheeling, IL 60090

720 E Rand Road, Mount Prospect, IL 60056

241 S Milwaukee Avenue, Wheeling, IL 60090

1065-1069 N Elmhurst Rd, Mount Prospect, IL

Potential Development Sites for Consideration

331 Plaza Circle lot: 4, Mundelein, IL 60060

20420 N Rand Road, Deer Park, IL 60074

502 Belvidere Road, Waukegan, IL 60085

1213 Grand Avenue, Waukegan, IL 60085

Off-Market Properties in Highland Park, IL

1853 2nd St, Highland Park, IL 60035-3113

600 Elm Pl, Highland Park, IL 60035-3121

592 Roger Williams Ave, Highland Park, IL 60035-4816

2063 Skokie Vly Rd, Highland Park, IL 60035-1728

1538 Clavey Rd, Highland Park, IL 60035-4459

1879 2nd St, Highland Park, IL 60035-3113

620 Central Ave, Highland Park, IL 60035-3226

455 Central Ave, Highland Park, IL 60035-2622

431 Temple Ave, Highland Park, IL 60035-1428

2069 Grn Bay Rd, Highland Park, IL 60035-2562

1899 2nd St, Highland Park, IL 60035-3153

2560 Skokie Vly Rd, Highland Park, IL 60035-1739

1996 2nd St, Highland Park, IL 60035-3116

508 Central Ave, Highland Park, IL 60035

1990 Skokie Vly Rd, Highland Park, IL 60035-2362

2566 Skokie Vly Rd, Highland Park, IL 60035-1739

90 Skokie Vly Rd, Highland Park, IL 60035-4402

1988 1st St, Highland Park, IL 60035-3135

Highland Park, IL Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

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