Owner/User Opportunity in Downtown Highland Park

477 Elm Highland Park, IL 60035

477 Elm, Highland Park, IL, 60035
477 Elm, Highland Park, IL, 60035 477 Elm, Highland Park, IL, 60035 477 Elm, Highland Park, IL, 60035 477 Elm, Highland Park, IL, 60035 477 Elm, Highland Park, IL, 60035
FOR SALE
Property Type:
Other Office
Amount:
$850,000
Last Verified:
Oct 20, 2025

Daily Email Blast
0 times


Highlights

  • Existing 3074 ft vintage home plus 300 ft storage building
  • Approx 8,794 Ft land site
  • Property is not a historic landmark
  • Property needs TLC but with minor upgrades is ready to occupy
  • Available for lease at $12/ft NNN
  • Real Estate Taxes $12,701 (2013)
  • 10 Parking Spaces
  • Owner would consider creative finance or lease to own scenario

Description

Vintage home on great site in East Highland Park. Perfect opportunity for owner/user to either renovate the existing property for their business use or tear down for new construction.

Great location for any owner/user. Close to train, restaurants and downtown highland park retail and business district.


Year Built: 1890
Building Size: 3075sq ft
Building Class: C
Lot Size: 0.2 acres


Documents

JCOMM_MP_477ElmPlace - RS.pdf


Map of 477 Elm, Highland Park, IL, 60035

Presented by:
ChicagoBroker.com Powered By Jameson Commercial

Request additional information
Steven Goldstein


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.