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Retail Building in Highwood
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742 Sheridan Rd, Highwood, IL

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

Property Size6,400 SF
Lot Size0.42 Acres
Days on Market385

Property Features for 742 Sheridan Rd

General Information

Standard status Active
Size 6,400 SF
Lot size 0.42 Acres
Property subtype RETAIL
Listing Agency: Millennium Properties Real Estate
Listed By: Daniel J. Hyman · License #471.013658X
Source: Moodyscre
Added: Jul 30, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:21AM

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 Millennium Properties Real Estate

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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

Property Analytics

Current Use

Mocha Cafe Cafe & Coffee Shop Max Studio Nails Nail Salon North Shore Salon ... Hair Salon Lake Forest Lamp ... (Bike/Boat/Book/etc) Store Baroque Salon Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Auto Parts Store Furniture & Home Goods 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

600
Businesses Nearby
32k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 87% Shops & Services 8% Beauty & Spa 3% Electronics 2%
McDonald's Dining
15,126 visits/mo 0.4 miles
Starbucks Dining
8,305 visits/mo 0.5 miles
Tacos El Norte Dining
4,821 visits/mo 0.3 miles
Citgo Shops & Services
2,502 visits/mo 0.3 miles
Palm Beach Tan Beauty & Spa
1,005 visits/mo 0.2 miles

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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Similar Off Market Nearby

  • Artquest, Ltd. 770 Sheridan Rd, Highwood, IL 60040

Frequently Asked Questions

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) 338-3003 Call to check price and availability
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