742 Sheridan Road, Highwood, IL 60040

$1,390,000
  • 742 Sheridan Road, Highwood, IL 60040 Main Photo

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Active
SQUARE FEET6,400 MLS#12771320
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Excellent opportunity to acquire a 6,400-square-foot free-standing retail property in a highly visible North Shore location. This prominent commercial property offers exceptional Sheridan Road frontage, strong street exposure, ample on-site parking, and convenient access to the Metra train station, making it an attractive opportunity for both investors and owner-users. The property features five retail storefronts, providing multiple income-producing spaces and a diverse tenant mix with several long-term established businesses. The existing commercial occupancy offers an investor the opportunity to acquire a property with an established presence in the local business community. Zoned CX - Corridor Mixed Use, the property offers a flexible commercial setting within Highwood's established business corridor. The building provides approximately 157 feet of Sheridan Road frontage, excellent visibility, and 25 on-site parking spaces. Sheridan Road is a prominent North Shore thoroughfare providing daily 5,500 minimum vehicular exposure and convenient connectivity throughout Highwood, Lake Forest, Highland Park, and surrounding communities. Recent traffic studies in the area document strong traffic volumes along the Sheridan Road corridor, further enhancing the property's visibility and exposure. Located directly across from the Fort Sheridan development, the property benefits from a prime location surrounded by residential, commercial, dining, and recreational activity. Highwood is a vibrant and growing North Shore community known for its strong local business environment, popular restaurants and bars, festivals, community events, and ongoing residential and commercial development. The property's proximity to downtown Highwood, the Metra station, Fort Sheridan, and surrounding affluent North Shore communities further enhances its appeal. With prominent Sheridan Road frontage, established tenants, flexible CX zoning, possibility to add residential up, ample parking, and excellent visibility, this is an exceptional opportunity for an investor or owner-user seeking a well-located commercial property in Chicago's desirable northern suburbs.

742 Sheridan Road | MLS# 12771320

This commercial property located at 742 Sheridan Road, Highwood, IL 60040 is currently listed for sale with an asking price of $1,390,000. Search Highwood real estate on www.bhhscrosby.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Individual
Lot Size: 0.41 Acres
Stories: 1.0
Taxes: $24,620
Year Built: 2002

Feature Descriptions

Electric: Service - 101 to 200 Amps
Fire Protection: Alarm Monitored
HVAC: Forced Air
Lot Dimensions: 151X119
Parcel#: 16104020380000
Tenant Pays: All Utilities

Listed By / Shown By

Listed By

Agency Name: @properties Christie's International Real Estate
Agency Phone: 847-832-0002

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