Listing Agency: Avison Young | Suburban Chicago Show Phone

Listed By: Tim Henry Show Phone

Source: Moodyscre

Added: Jan 29, 2025 Changed: Sep 9 Last Checked: Sep 15 at 10:32AM

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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

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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

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

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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