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742 Sheridan Rd Highwood, IL 60040

For Sale
$1,450,000

Six storefronts, ample parking, strong tenant base.

Property size:
6,400 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional 6,400 square foot free-standing retail property presents a compelling investment opportunity in the thriving Highwood, Illinois market. Located at 742 Sheridan Road, this property boasts excellent visibility and frontage on a major thoroughfare. Its strategic location across from the Fort Sheridan Development Project ensures continued growth and high traffic volume. The building comprises five individual retail storefronts, each currently occupied by long-term tenants, providing immediate and consistent cash flow. Ample on-site parking caters to both tenants and customers, enhancing the property's appeal. The property's proximity to the MetraRail train station further enhances its accessibility and desirability. Highwood itself is a dynamic and growing community in Lake County, situated in the northern suburbs of Chicago. The area is known for its robust business community, a lively restaurant and bar scene, and a calendar filled with community festivals and events. This combination of factors – prime location, strong tenant occupancy, convenient amenities, and a thriving community – makes this a truly exceptional investment opportunity in a rapidly developing area. The property offers significant potential for long-term appreciation and stable income generation.

Property Features for 742 Sheridan Rd

General Information

Property type
Other commercial real estate
Square Feet
6,400 SF

Building Details

Year Built
2002

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mocha Cafe Cafe Max Studio Nails Nail Salon North Shore Salon ... Eyelash Salon Lake Forest Lamp ... Lighting Store Baroque Salon Hair Salon

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Highwood
County
Lake
State
Illinois
Longitude
-87.81649
Latitude
42.21186

FAQs

What type of property is this?
Commercial real estate - Six storefronts, ample parking, strong tenant base.
Where is this commercial real estate located?
The property is located at 742 Sheridan Rd Highwood, IL.
What is the asking price?
The asking price for this property is $1,450,000.
More about this property
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