Highland Park, IL 60035 417-429 Temple Avenue
$1,600,000



25 more


























Presented By: United Real Estate-Chicago
Home Details
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
Presented By: United Real Estate-Chicago
General for 417-429 Temple Avenue
Additional Parcels Y/NYes
CityHighland Park
Construction MaterialsBrick, Wood, Vinyl Siding
ContingencyOther Contingency
CoolingCentral Air
CountyLake
Current UseCommercial
DirectionsWaukegan Ave/Sheridan Rd to Temple Ave/Highwood Ave, East to Address
ElectricService - 201 to 600 Amps
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet36438
MLS AreaHighland Park
ModificationTimestamp2025-09-26T21:09:01.672Z
Number Of Units Total3
PossessionClosing
Possible UseCommercial, Multi-Family, Retail
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount35892
Tax Year2021
Tenant PaysElectricity, Heat, Varies by Tenant
TownshipMoraine
Trash Expense0
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected, Water Available
Water Sewer Expense0
Year Built1920
ZoningCOMMR
Exterior for 417-429 Temple Avenue
Building Area Total7800
Frontage TypeCity Street
Lot Dimensions100 X 219 + IRREGULAR LOT
Water SourceMunicipal Water
Additional Details
Price History
