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417-429 Temple Avenue Highland Park, IL 60035

$1,600,000
Contingent / MLS# 11406140 / Land - Commercial / Highland Park
0 Beds

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

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Baird & Warner Brady Byrne Agent Cell: 630.220.0037 Email

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Estimated Payment

$ 7,013.22 per month $3,555.56 Principal & Interest $2,991.00 Property Tax $466.67 Homeowner's Insurance
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Property Details

Property Type: Land - Commercial
Lot Size: 0.83 Acres
Taxes: $35,892

Feature Descriptions

Current Use: Commercial, Multi-Family, Single Family, Retail
Frontage: 100
Frontage Type: City Street
Lot Dimensions: 100 X 219 + IRREGULAR LOT ON WALKER
Parcel#: 16143010190000
Possible Use: Commercial, Condominium, Multi-Family, Single Family, Retail
Road Surface: Asphalt
Township: Moraine
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Schools

High School: Highland Park High School
Middle School: Edgewood Middle School
Elementary School: Indian Trail Elementary School
School District: District 113

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: United Real Estate-Chicago

Listing Office Phone: 630-748-4660



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