734 Central AVE Pending

Highland Park,IL 60035

$ 1395000

- Bed

0 Bath

9600 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Pending

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $145

MLS Listing ID 11861992

Year Built 1984

Annual Tax Amount $28,474

Tax Year 2022

Property Description

Available for sale is a 6,400 square foot two-story office building with full finished basement on a 10,000 square foot site. Situated at the corner of Central and McGovern Avenues, the property has excellent visibility and benefits from its location on the main thoroughfare in Highland Park. The first floor is currently occupied by Trans World Travel and the second floor is occupied by Chausow Shafer P.C, a long-term tenant currently on a month-to-month lease. The property also has the potential for residential redevelopment with city approval. This location benefits from its proximity to the central business district as well as the numerous shops, restaurants and public transportation. Area features significant barriers to entry, with few available sites for purchase. The first floor is occupied by current owner. The second floor occupied by a long-term tenant who has a month-to-month lease.

Location

State IL

County Lake

Area Highland Park

Interior

Cooling Central Air

Building

Dwelling Type Office/Tech

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