Kenilworth Retail/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 nearly $300,000 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.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. 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.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.