Highland Park, IL Restaurants for Sale

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Highwood, IL Deerfield, IL Bannockburn, IL

Highland Park Mixed-Use Development Site

$1,600,000

0.83 Acres

Highland Park Mixed-Use Development Site

417-429 Temple Avenue, Highland Park, IL 60035

36,438 SF mixed-use development site near downtown Highwood, IL.

36,438 SF mixed‑use development site opportunity near downtown Highwood, IL.
Favorable zoning: B1A (Waukegan‑Bloom Neighborhood District) and RM1 (Medium to High Density Multi‑family).
Includes a brick commercial building built out for restaurant use with existing kitchen, bar, and dining areas.
Two parcels on Temple Ave with 100' of frontage.
Includes a single‑family home (417 Temple) and a tenant‑occupied single‑family home on Walker Ave.

Updated: May 16, 2022

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$1,600,000

0.84 Acres

Mixed-Use Development Site Opportunity

417-429 Temple Avenue, Highland Park, IL 60035

36,438 SF mixed-use development site near downtown Highwood, IL.

36,438 SF mixed‑use development site opportunity.
Favorable zoning (B1A and RM1) for diverse development options.
Prime location bordering downtown Highwood, IL.
Existing brick commercial building (429 Temple Ave) built out for restaurant use with large seating, bar, kitchens, and equipment (hoods, black iron).
Includes parcels with frontage on both Temple Ave (100' frontage) and Walker Ave.

Updated: May 16, 2022

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Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 2 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.

$195,000

Turnkey Restaurant Business For Sale

Well-established Northbrook restaurant with banquet halls and fully equipped kitchen.

500 Anthony Trail, Northbrook, IL 60062

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$150,000

Established Korean Restaurant in Northbrook

Thriving Korean restaurant in Northbrook's dining district for sale.

3534 N Milwaukee Avenue, Northbrook, IL 60062

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Contact for pricing

Renovated Housing Facility with Retail

Five-story building with 105 units and retail space in Highwood.

700 Sheridan Rd, Highwood, IL 60040

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Contact for pricing

1,980 SF

Highwood Restaurant Space with Patio

Restaurant space with patio in vibrant Highwood location.

524 Sheridan Rd, Highwood, IL

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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.

$49,900

0.17 Acres

Commercial Land in High-Traffic Area

Commercial land with high visibility and seller financing options.

502 Belvidere Road, Waukegan, IL 60085

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$559,000

1.49 Acres

Waukegan Land Development Opportunity

Prime vacant land for commercial development in Waukegan, Illinois.

1213 Grand Avenue, Waukegan, IL 60085

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$514,000

3.20 Acres

Palatine Land For Sale

3.2 acre commercial land available in Palatine, Illinois.

20638 Lake Cook Road, Palatine, IL 60074

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$152,900

1.41 Acres

Waukegan Land For Sale

1.41 acre corner lot ready for development in Waukegan.

1730 W Beach Road, Waukegan, IL 60087

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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 • 2,416 SF

Value Estimation by Request

455 Central Ave, Highland Park, IL 60035-2622

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431 Temple Ave

RESTAURANT • 2,040 SF

Value Estimation by Request

431 Temple Ave, Highland Park, IL 60035-1428

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2069 Grn Bay Rd

RESTAURANT • 2,251 SF

Value Estimation by Request

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

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1899 2nd St

RESTAURANT • 14,688 SF

Explore 20 restaurants for sale in Highland Park, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,200,000.

Sale prices for restaurant properties in Highland Park, IL start at $1,600,000, averaging $1,600,000, and reaching up to $1,600,000 — 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

Property Size Breakdown

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

Demographics Overview

Population 30K

Population Growth (5Y) +1.7%

Median Household Income $161,811

College Educated 56.8%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
60035	$1.6M

Taxes & Financing

Tax Rate (average for all types) 7.98%

Property Tax per SF $51.12 per sq ft

Average Loan-to-Value 65.0%

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Highland Park, IL Restaurants for Sale

Highland Park Mixed-Use Development Site

36,438 SF mixed-use development site near downtown Highwood, IL.

Mixed-Use Development Site Opportunity

36,438 SF mixed-use development site near downtown Highwood, IL.

Opportunities in Nearby Cities

Turnkey Restaurant Business For Sale

Established Korean Restaurant in Northbrook

Renovated Housing Facility with Retail

Highwood Restaurant Space with Patio

Potential Development Sites for Consideration

Commercial Land in High-Traffic Area

Waukegan Land Development Opportunity

Palatine Land For Sale

Waukegan Land For Sale

Off-Market Properties in Highland Park, IL

1853 2nd St

600 Elm Pl

592 Roger Williams Ave

2063 Skokie Vly Rd

1538 Clavey Rd

1879 2nd St

620 Central Ave

455 Central Ave

431 Temple Ave

2069 Grn Bay Rd

1899 2nd St

2560 Skokie Vly Rd

1996 2nd St

508 Central Ave

1990 Skokie Vly Rd

2566 Skokie Vly Rd

90 Skokie Vly Rd

1988 1st St

Highland Park, IL Restaurants Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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