515 Park Dr - Storefront Retail/Office FOR SALE


Kenilworth, IL 60043
$599,000 USD
312-529-5791
515 Park Dr, Kenilworth, IL for Sale
$599,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

515 Park Dr
Kenilworth, IL 60043


HIGHLIGHTS

  • Single-story commercial building with great visibility and location
  • Across the street from the Kenilworth Metra train station with Easy street parking
  • Perfect for any retail, office or service business
  • Flexible B Business zoning allows for many possible uses including retail, residential, office, mixed-use as well as a 3+ story structure
  • Potential for assemblage of up to 11,000 SF of land
  • Located in Kenilworth's TIF District

OVERVIEW

Huge Price Reduction! First time on the market in 50 years. This well-located retail building is located on Park Drive across from the Metra station in Kenilworth, IL - one of Chicago's wealthiest communities. The long-time home of The Federalist Antiques, the property is a 2370 SF single-story commercial building that could accommodate any retail, office, or service business. Great street parking and visibility. The property is situated in Kenilworth's B-Business District as well as the village's TIF district. Current zoning would allow for a 3+ story structure to be built on the site. It is also adjacent to several other properties that could accommodate an assemblage of up to approx. 11,000 SF of land for new development.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,370 SF

ZONING

B

APN/PARCEL ID

05-28-217-032-0000

ASK ABOUT THIS PROPERTY

312-529-5791

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

312-529-5791

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.