Map
Listed price in listed location currency (USD).
$1,390,000

000

MLS® 12771320

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $24,620
Days Active 27
Lot Size 17860 SF
Approx. Age 2002
MLS® Number 12771320

Property Address: 742 Sheridan Rd, Highwood, IL, 60040-1071

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number12771320
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2002
Basement
Driveway
Garage Spaces
Heat
A/CCentral Individual

Extras

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