Strip Mall

Highland Park, IL Strip Malls for Sale

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Highwood, IL Deerfield, IL Northbrook, IL Bannockburn, IL Lincolnshire, IL Riverwoods, IL Lake Forest, IL Glenview, IL
Net-Leased Neighborhood Retail Center
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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Highland Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Retail Strip in Des Plaines
Retail Strip in Des Plaines

603 Golf Rd, Des Plaines, IL 60016

$3,165,000
15,042 sqft

15,042 SF retail strip in high-traffic Chicago suburb.

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Mini Strip Center with Three Stores
Mini Strip Center with Three Stores

3406 MAIN Street, Skokie, IL 60076

$429,000
0.14 AC lot

Three-store retail mini strip center with 11 parking spaces and existing salon and bakery leases.

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Retail Investment Opportunity in Des Plaines
Retail Investment Opportunity in Des Plaines

669-685 Graceland Avenue, Des Plaines, IL 60016

$1,900,000

Stable 6-unit retail asset with investment potential in Des Plaines.

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Three-Store Mini Strip Center
Three-Store Mini Strip Center

3406 MAIN Street, Skokie, IL 60076

$429,000

Small retail strip center with three leased storefronts, including a hair salon and bakery space.

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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.

Corner Commercial Land Parcel
Corner Commercial Land Parcel

12640 W WADSWORTH Road, Beach Park, IL 60087

$750,000
1.36 AC lot

Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

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Elgin Land Development Opportunity
Elgin Land Development Opportunity

40 Acres Randall Road, Elgin, IL 60123

$10,000,000
40.40 AC lot

40.4 acres on Randall Road, ideal for mixed-use development.

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Prime Corner Commercial Land Available
Prime Corner Commercial Land Available

8450 Willow Springs Road, Willow Springs, IL 60480

$800,000
1.90 AC lot

Corner lot suitable for retail development, drive-thru, or subdivision.

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Corner Lot Strip Mall Opportunity
Corner Lot Strip Mall Opportunity

237 W 79th Street, Chicago, IL 60620

$130,000
0.16 AC lot

Ideal corner location for a small strip mall or franchise.

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Highland Park, IL Strip Malls Market Trends and Statistics

Explore 1 strip malls 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 retail strips 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

Storefront properties 9
Shopping centers 3
Showrooms 1

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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