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    524 Sheridan Rd Highwood, IL 60040

    For Sale
    Contact for pricing

    Restaurant space with patio in vibrant Highwood location.

    Property size:
    1,980 SF
    Lot size:
    0.15 Acres

    Property Features for 524 Sheridan Rd

    General Information

    Size
    1,980 SF
    Lot size
    0.15 Acres

    Source: Avison Young | Suburban Chicago Agent Tim Henry

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

    Overview

    Highwood Restaurant Space with Patio

    This 1,980-square-foot restaurant space is situated in the heart of Highwood's active suburban night scene. It features a 2,200-square-foot patio and a move-in ready bar. There is also the option to easily add a hood if necessary. The property is located a 5-minute walk from the Highwood Metra Station and numerous Pace Bus stops.
    Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    Froggy's Catering Inc

    Location Insight

    • Map
    • Local Demand
    City
    Highwood
    County
    Lake
    State
    Illinois
    Longitude
    -87.8113856
    Latitude
    42.2059132

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space with patio in vibrant Highwood location.
    Where is this restaurant located?
    The property is located at 524 Sheridan Rd Highwood, IL.
    What are key features of this property?
    This property features: - Move-in ready bar, perfect for immediate operation.; - Enjoy the 2,200-sf patio, ideal for outdoor seating.; - Located in Highwood's vibrant night scene, offering great exposure.
    (312) 957-7600
    Request Owner's contact information
    524 Sheridan Rd Highwood, IL 60040
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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
    524 Sheridan Rd Highwood, IL 60040
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