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    210 Green Bay Rd Highwood, IL 60040

    Sponsored
    For Sale
    $1,200,000

    Prime Highwood storefront, 16,400 sq ft.

    Property size:
    16,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story retail building, located at 210 Green Bay Road in Highwood, Illinois, presents a unique investment opportunity. Boasting 16,400 square feet of space, this vacant storefront is priced at $1,200,000, or $85.37 per square foot. Originally constructed in 1949 and extensively renovated in 2017, the property sits on a 0.52-acre lot and offers convenient off-street parking for 15 vehicles in a dedicated rear parking area. Its prime location within Highwood's vibrant entertainment corridor offers excellent visibility and accessibility. The building benefits from its proximity to the Highwood Metra Station, providing easy access to public transportation, and is just 1.5 miles north of downtown Highland Park. This property is ideal for a variety of retail uses and presents a compelling opportunity for investors seeking a well-maintained, strategically located commercial space in a thriving community. The property is currently vacant and ready for immediate occupancy. The sale is being handled directly by the owner. The zip code is 60040, and the property is located in Lake County.

    Property Features for 210 Green Bay Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    16,400 SF
    Lot Size
    22,651 SF

    Building Details

    Year Built/Renovated
    1949/2017

    HighLights

    • $1,200,000 asking price for a vacant 16,400 SF retail storefront.
    • Located at 210 Green Bay Rd, Highwood, IL 60040.
    • 15 parking spaces on a 0.52‑acre lot.
    • Built in 1949, renovated in 2017.
    • $85.37/SF price per square foot.
    • Located in Highwood's entertainment corridor, 1.5 miles north of downtown Highland Park and steps from the Metra station.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm Steve Goldstein - Commercial ... Commercial Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Highwood
    County
    Lake
    State
    Illinois
    Longitude
    -87.8088806
    Latitude
    42.2000977

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - Prime Highwood storefront, 16,400 sq ft.
    Where is this individual retail property located?
    The property is located at 210 Green Bay Rd Highwood, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price for a vacant 16,400 SF retail storefront.; Located at 210 Green Bay Rd, Highwood, IL 60040.; 15 parking spaces on a 0.52-acre lot.
    Request Owner's contact information
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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
    210 Green Bay Rd Highwood, IL 60040
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