515 Park Dr - Storefront Retail/Office FOR SALE


Kenilworth, IL 60043
$499,000 USD
312-529-5791
515 Park Dr, Kenilworth, IL for Sale
$499,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | Request Cap Rate

515 Park Dr
Kenilworth, IL 60043


HIGHLIGHTS

  • $100k Price Reduction
  • Approx. 2,370 SF single-story commercial building
  • Great visibility and location | Easy street parking
  • Across the street from the Kenilworth Metra train station
  • Perfect for any retail, office or service business | Located in Kenilworth's TIF District
  • Flexible B Business zoning allows for many possible uses including retail, residential, office, mixed-use as well as a 3+ story structure

OVERVIEW

Back on the market with 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 2,370 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. Priced to sell at $499,000 with recent $100k price reduction

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$211 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

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312-529-5791

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