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Restaurant Space with Patio
For Lease
Contact for pricing

524 Sheridan Rd, Highwood, IL 60040

Move-in ready restaurant space with a bar and an outdoor patio, with the option to add a hood if needed.

Space Size1,980 SF
Days on Market641

Property Features for 524 Sheridan Rd

General Information

Standard status Active
Size 1,980 SF
Property subtype RETAIL

Amenities

patio

Spaces For Lease

at 524 Sheridan Rd
524 Sheridan Rd AVAILABLE, Now
Floor Bldg
Size 1,980 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located in the heart of Highwood’s vibrant suburban night scene, this 1,980-sf restaurant space comes with a beautiful 2,200-sf patio, move-in ready bar, and the option to easily add a hood if necessary. - The property is just a 5-minute walk from the Highwood Metra Station as well as numerous Pace Bus stops
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Listing Agency: Avison Young | Suburban Chicago
Listed By: Tim Henry
Source: Moodyscre
Added: Jan 29, 2025 Changed: Oct 25 Last Checked: Oct 30 at 5:25PM

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

Rey
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Investment Insights

Based on property information with market context.

This for-lease restaurant space offers approximately 1,980 square feet and includes a move-in ready bar. The unit also features an outdoor patio of approximately 2,200 square feet, providing space for guest dining and service. There is also an option to add a hood if necessary.

The property is positioned within Highwood’s suburban night scene and is about a 5-minute walk from the Highwood Metra Station, along with numerous Pace Bus stops.

Ideal for operators looking for a turn-key setup with dedicated patio space and flexibility regarding kitchen hood requirements, the space is ready for occupancy.

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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.

Lease Details

NNN (Triple Net)
Lease Type

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Move-in ready restaurant space with a bar and an outdoor patio, with the option to add a hood if needed.
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: Move‑in ready 1,980‑sf restaurant space with a bar; Includes a 2,200‑sf outdoor patio; Option to add a hood if needed
(312) 273-9481 · Office Call to check price and availability
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