Kenilworth Owner-User / Re-Development Opportunity

Kenilworth, IL is a bedroom community in Chicago's affluent north shore suburban area. Located approx. 15 miles from downtown Chicago, Kenilworth is one of the most affluent towns in America, with an average annual household income of over $400,000 and an average home price of over $1.1 Million. Green Bay Road is the major north-south commercial corridor in this affluent area, which includes the neighboring towns of Winnetka and Wilmette.SVN Chicago Commercial is pleased to present 519 Park Drive in Kenilworth, IL - an affluent north suburb of Chicago. This opportunity consists of an approx. 6,200 SF land site with an existing ±5,775 SF, 3-story mixed-use building and a rear parking area. Existing B zoning would allow for a mixed-use, or office development approx. 35ft high and approx. 22,000 SF. Potential uses are office, retail/restaurant, residential condos, or apartments with ground-floor commercial space and on-site parking. The existing building is suitable for an owner/user. The site can also be combined with an adjacent ±2,370 SF site, bringing the total potential buildable square footage to over 30,000 SF. Priced to sell at approx. $35/buildable SF. The property also sits in Kenilworth's Green Bay Road TIF district.SVN Chicago Commercial is pleased to present an approx. 5,100 SF existing bow truss building on an 11,000 SF site in Kenilworth, IL, an affluent north shore suburb of Chicago. Situated on Green Bay Road, the property has been the long time home of "The Last Detail" classic car showroom. The existing building is in impeccable shape with outstanding mechanicals and a fully restored expansive and beautiful bow-truss ceiling providing an aesthetic venue like few other buildings can. Many potential uses including retail showroom, restaurant, catering/events space, bank, family office, real estate office to name a few. The +/- 11,000 SF site could be completely redeveloped and can accommodate an approx. 33,000 SF building. Flexible zoning allows many possible uses including residential. The property also sits in Kenilworth's Green Bay Road TIF district. The adjacent lot is approx. 5,000 SF and along with 6 rear parking spaces could continue to serve as over 20 parking spaces for the building, or be developed on its own into an approx. 15,000 SF building. The property is offered for sale at $1,875,000 or for lease at $24/SF NNN.