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For Sale

Kenilworth Retail/Re-development Opportunity

515 Park Drive,
Kenilworth, IL 60043
Represented by
SVN | Chicago Commercial

Asset Snapshot

Regional Mall
Retail Subtype
1949
Year Built
1
Floor Count
0.05 Acres
Land Area

Offering Summary

Investment 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


Investment Highlights

  • $100k Price Reduction
  • Approx. 2,370 SF single-story commercial building
  • Great visibility and location
  • Across the street from the Kenilworth Metra train station
  • 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
  • Located in Kenilworth's TIF District

How it Works

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Listing Syndicated From

Buildout
For Sale
$499,000
Asking Price

Investment Sales Broker

Wayne Caplan
SVN | Chicago Commercial