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    742 Sheridan Rd Highwood, IL 60040

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    For Sale
    Contact for pricing

    6,400 SF retail building with long-term tenants.

    Property size:
    6,400 SF
    Lot size:
    0.42 Acres

    Property Features for 742 Sheridan Rd

    General Information

    Size
    6,400 SF
    Lot size
    0.42 Acres

    Source: Millennium Properties Real Estate Agent Daniel J. Hyman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building in Highwood

    This 6,400 SF retail building features five retail storefronts with long-term tenants. The property boasts an attractive facade, high ceilings, and great exposure. Ample parking is available in the rear of the building. Situated in a bustling business district across from Fort Sheridan, the location is excellent. It is close to the MetraRail train station, McDonalds, and Walgreens. The property has 157 feet of frontage on Sheridan Road and sits on a land area of 17,860 SF. The zoning is CX - Corridor Mixed Use. Located on a busy thoroughfare to Lake Forest and Highland Park, this property presents a great opportunity for an investor.
    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.

    Similar Places Nearby

    Artquest, Ltd.

    Location Insight

    • Map
    • Local Demand
    City
    Highwood
    County
    Lake
    State
    Illinois
    Longitude
    -87.8163998
    Latitude
    42.2117621

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    FAQs

    What type of property is this?
    Storefront property - 6,400 SF retail building with long-term tenants.
    Where is this storefront property located?
    The property is located at 742 Sheridan Rd Highwood, IL.
    What are key features of this property?
    This property features: - Excellent location in bustling business district across from Fort Sheridan; - Five retail storefronts at the center with long-term tenants; - 6,400 SF retail building with 157’ of frontage on Sheridan Road
    (312) 338-3000
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    742 Sheridan Rd Highwood, IL 60040
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