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    Highwood, IL Commercial Real Estate for Sale

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    Highland Park, IL Bannockburn, IL Deerfield, IL
    Highwood Retail Property For Sale
    $1,250,000
    6,400 SF

    Highwood Retail Property For Sale

    742 Sheridan Road, Highwood, IL 60040

    6,400 SF retail property in Highwood, Lake County.

    • 6,400 sq ft free‑standing retail property in Highwood, IL
    • Located across from the Fort Sheridan Development Project in desirable Lake County
    • Comprised of five retail storefronts with long‑term tenants
    • Excellent frontage on Sheridan Road and ample parking
    • Close proximity to the MetraRail train station
    Updated: Mar 11
    View details
    Renovated Housing Facility with Retail
    Contact for pricing

    Renovated Housing Facility with Retail

    700 Sheridan Rd, Highwood, IL 60040

    Five-story building with 105 units and retail space in Highwood.

    • 105 total units: 95 studio units and 10 one‑bedroom units.
    • Recently renovated interior and exterior.
    • Includes a 2,100± SF commercial kitchen.
    • Features a 20,000± SF retail space suitable for grocery operations, restaurants, and similar uses.
    • Located in Chicago’s North Shore suburbs, between Lake Forest & Highland Park.
    Updated: Jan 27
    View details
    Highwood Restaurant Space with Patio
    Contact for pricing
    1,980 SF

    Highwood Restaurant Space with Patio

    Restaurant space with patio in vibrant Highwood location.

    524 Sheridan Rd, Highwood, IL
    View details
    Two-Story Retail Building For Sale
    $1,250,000
    16,400 SF

    Two-Story Retail Building For Sale

    Two-story retail building in Highwood entertainment corridor.

    210 Green Bay Rd, Highwood, IL
    View details
    Based on your search, we've compiled 156 Potential Opportunities for your consideration. Besides 4 Active listings in Highwood, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 148 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Building in Deerfield, Illinois
    $3,150,000

    Retail Building in Deerfield, Illinois

    Retail building for sale, leased to a national tenant.

    700 Deerfield Rd |, Deerfield, IL 60015
    View details
    Renovated Office Building in Deerfield
    Contact for pricing
    106,000 SF

    Renovated Office Building in Deerfield

    Updated office building with extensive amenities and convenient transportation access.

    10 Parkway N, Deerfield, IL
    View details
    Highland Park Mixed-Use Development Site
    $1,600,000
    0.83 Acres

    Highland Park Mixed-Use Development Site

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details
    Mixed-Use Development Site Opportunity
    $1,600,000
    0.84 Acres

    Mixed-Use Development Site Opportunity

    36,438 SF mixed-use development site near downtown Highwood, IL.

    417-429 Temple Avenue, Highland Park, IL 60035
    View details

    Off-Market Properties in Highwood, IL

    Consider similar Off-Market properties in Highwood, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    210 Green Bay Rd

    210 Green Bay Rd

    Individual retail properties • 16,400 SF
    Value Estimation by Request
    210 Green Bay Rd, Highwood, IL 60040
    View details
    700 Sheridan Rd

    700 Sheridan Rd

    RETAIL STORES (PERSONAL SERVICES) • 41,275 SF
    Value Estimation
    $5,175,000
    700 Sheridan Rd, Highwood, IL 60040-1002
    View details
    Sheridan Rd

    Sheridan Rd

    VACANT COMMERCIAL LAND • 0.18 Acres
    Value Estimation
    $4,620,000
    Sheridan Rd, Highwood, IL 60040
    View details
    700 Sheridan Rd

    700 Sheridan Rd

    HOMES (RETIRED, NURSING) • 59,742 SF
    Value Estimation
    $4,705,000
    700 Sheridan Rd, Highwood, IL 60040-1002
    View details
    400 Sheridan Rd

    400 Sheridan Rd

    VACANT COMMERCIAL LAND • 0.19 Acres
    Value Estimation
    $4,000,000
    400 Sheridan Rd, Highwood, IL 60040-1356
    View details
    Waukegan Ave

    Waukegan Ave

    VACANT COMMERCIAL LAND • 0.28 Acres
    Value Estimation by Request
    Waukegan Ave, Highwood, IL 60040
    View details
    244 Waukegan Ave

    244 Waukegan Ave

    AUTO REPAIR, GARAGE • 1,787 SF
    Value Estimation by Request
    244 Waukegan Ave, Highwood, IL 60040-1716
    View details
    448 Sheridan Rd

    448 Sheridan Rd

    RETAIL STORES (PERSONAL SERVICES) • 7,355 SF
    Value Estimation
    $660,000
    448 Sheridan Rd, Highwood, IL 60040-1344
    View details
    9 Highwood Ave

    9 Highwood Ave

    RETAIL STORES (PERSONAL SERVICES) • 3,696 SF
    Value Estimation
    $600,000
    9 Highwood Ave, Highwood, IL 60040-1503
    View details
    250 Waukegan Ave

    250 Waukegan Ave

    RETAIL STORES (PERSONAL SERVICES) • 2,630 SF
    Value Estimation
    $580,000
    250 Waukegan Ave, Highwood, IL 60040-1716
    View details
    440 Grn Bay Rd

    440 Grn Bay Rd

    COMMERCIAL (GENERAL) • 0.46 Acres
    Value Estimation
    $17,875,000
    440 Grn Bay Rd, Highwood, IL 60040-1306
    View details
    440 Sheridan Rd

    440 Sheridan Rd

    RETAIL STORES (PERSONAL SERVICES) • 3,154 SF
    Value Estimation
    $505,000
    440 Sheridan Rd, Highwood, IL 60040-1316
    View details
    417 Sheridan Rd

    417 Sheridan Rd

    RETAIL STORES (PERSONAL SERVICES) • 3,214 SF
    Value Estimation
    $660,000
    417 Sheridan Rd, Highwood, IL 60040-1353
    View details
    341 Waukegan Ave

    341 Waukegan Ave

    VACANT COMMERCIAL LAND • 0.13 Acres
    Value Estimation by Request
    341 Waukegan Ave, Highwood, IL 60040-1312
    View details
    Waukegan Ave

    Waukegan Ave

    VACANT COMMERCIAL LAND • 0.00 Acres
    Value Estimation by Request
    Waukegan Ave, Highwood, IL 60040
    View details
    311 Waukegan Ave

    311 Waukegan Ave

    RETAIL STORES (PERSONAL SERVICES) • 3,880 SF
    Value Estimation by Request
    311 Waukegan Ave, Highwood, IL 60040-1312
    View details
    Washington Ave

    Washington Ave

    VACANT COMMERCIAL LAND • 0.06 Acres
    Value Estimation
    $11,230,000
    Washington Ave, Highwood, IL 60040
    View details
    Washington Ave

    Washington Ave

    VACANT COMMERCIAL LAND • 0.03 Acres
    Value Estimation
    $11,230,000
    Washington Ave, Highwood, IL 60040
    View details
    Washington Ave

    Washington Ave

    VACANT COMMERCIAL LAND • 0.15 Acres
    Value Estimation
    $10,835,000
    Washington Ave, Highwood, IL 60040
    View details
    546 Grn Bay Rd

    546 Grn Bay Rd

    COMMERCIAL (GENERAL) • 0.31 Acres
    Value Estimation
    $10,955,000
    546 Grn Bay Rd, Highwood, IL 60040-1334
    View details

    Highwood, IL Commercial Real Estate Investment Opportunities Market Analysis

    Explore 152 commercial real estate for sale in Highwood, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 22,800 square feet of properties for sale, with an estimated market value of $2,500,000.

    Sale prices for business properties in Highwood, IL start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,243
    Population Growth (5Y) -2.3%
    Median Household Income $101,862
    College Educated 57.0%

    High-Yield Neighborhoods for Strategic Investment

    Identify Highwood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60040 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 6.35%
    Property Tax per SF $24.60 per sq ft
    Average Loan-to-Value 65.0%

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