0.83 Acres of Mixed-Use Land for Sale in Highland Park, Illinois

417 Temple Ave, Highland Park, IL 60035

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$1,600,000
0.83 acres
Active sale agoEst $17,998/mo

Proud to introduce an opportunity to develop a 36,438 SF mixed-use development site. Currently consisting of 4 parcels, the site has not been offered for sale in generations. This is a prime opportunity to develop an iconic property next to downtown Highwood IL. Currently in Highland Park, the property borders Highwood. 2 parcels on Temple Ave consisting of 21,902 SF, have favorable zoning in the B1A Waukegan-Bloom Neighborhood District and have 100' of frontage on Temple. The additional 2 parcels which connect in the rear of the lot and have frontage on Walker Ave are zoned RM1 Medium to High Density Multi-family and adds an additional 14,626 SF bringing the total for all 4 parcels to 36,438 SF. Currently at 429 Temple Ave sits a brick commercial building that is built out for restaurant use. Large seating room and bar along with large kitchen and cooler are on the first floor. On the 2nd floor is another dining room and 2 private rooms. There is also a 2nd kitchen, butler pantry, and office space. Property has hoods and black iron. At 417 Temple sits a frame single family home in need of repairs currently used for storage. The property has 4 bedrooms 1.5 baths, large living room, formal dining room, and kitchen. The Temple property also has a large gravel parking lot, driveway, and 4 car garage. On the Walker property sits a single family home, tenant paying under market rents. PIN #s: 423 Temple (429 Temple) 16143010190000, 417 Temple 16143010140000, 376 Walker 16143010040000 + 16143010030000

Directions

Waukegan Ave/Sheridan Rd to Temple Ave/Highwood Ave, East to Address

Property details

Coordinates
42.2022, -87.8078
Community
Highland Park
School District
113
Zoning
COMMR
Elevation
682 feet
MLS Number
MRED 11406140
Date Listed

Parcels

  • 16143010190000

Property taxes

2021
$35,892

This 0.83-acre property is located at 417 Temple Ave in Highland Park, IL 60035 with latitude 42.2022 and longitude -87.8078. The property is currently available for sale for $1,600,000 with a price per acre of $1,927,711. Listing data is sourced from Midwest Real Estate Data # 11406140.

Verify sale details at the property source or contact United Real Estate-Chicago at (630) 748-4660.

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Listing checked and updated . Parcel data by Regrid.

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