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Restaurant Space with Patio
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524 Sheridan Rd, Highwood, IL 60040

Move-in ready restaurant space includes a bar and an outdoor patio.

Property Size1,980 SF
Days on Market547

Property Features for 524 Sheridan Rd

General Information

Standard status Active
Size 1,980 SF
Property subtype RETAIL

Amenities

patio
move-in ready bar
Listing Agency: Avison Young | Suburban Chicago
Listed By: Tim Henry
Source: Moodyscre
Added: Jan 29, 2025 Changed: Jul 26 Last Checked: Jul 30 at 1:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young | Suburban Chicago

Investment Insights

Based on property information with market context.

Restaurant space totaling 1,980 square feet is offered with a 2,200-square-foot patio. The interior is described as move-in ready and includes a bar.

The property is positioned for evening activity in Highwood, with convenience to public transit. It is about a 5-minute walk from the Highwood Metra Station and numerous Pace Bus stops.

The listing also notes the option to add a hood if necessary, supporting flexibility for certain kitchen setups.

Key Highlights

  • 1,980‑sf restaurant space with move‑in ready bar
  • Includes a 2,200‑sf outdoor patio
  • Option to easily add a hood if necessary

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Auto Parts Store Auto Repair Shop Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 49% Dining 46% Electronics 6%
Tacos El Norte Dining
4,821 visits/mo 0.1 miles
Citgo Shops & Services
2,502 visits/mo 0.1 miles
U.S. Bank Shops & Services
2,154 visits/mo 0.3 miles
Metro by T-Mobile Electronics
611 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
499 visits/mo 0.4 miles

Demographics for 60040, IL

5,102
Population
1,969
Households
2.6
Avg Household Size
37
Median Age
38%
College-Educated
80%
High-School Grad
0.8 sq mi
ZIP Area
6,378
Density / Sq Mi
$101,862
Median Household Income
$41,361
Median Earnings
$1,800
Median Rent
$454,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Move-in ready restaurant space includes a bar and an outdoor patio.
Where is this conventional restaurant located?
The property is located at 524 Sheridan Rd Highwood, IL.
What are key features of this property?
This property features: 1,980‑sf restaurant space with move‑in ready bar; Includes a 2,200‑sf outdoor patio; Option to easily add a hood if necessary
(312) 273-9481 Call to check price and availability
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