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    729 Sheridan Rd Winthrop Harbor, IL 60096

    Sponsored
    For Lease
    $14 SF/Yr ($6,452 /Mo)

    Prime retail space, 500-1000 sq ft.

    Lot size:
    5,377 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents two available spaces, totaling approximately 500 to 1,000 square feet, within a well-maintained, two-story brick and block building at 729 Sheridan Road in Winthrop Harbor, Illinois. Located on the east side of Sheridan Road (Route 137), between 7th and 8th Streets, this property benefits from high visibility and convenient access. The building, constructed in 1946 and renovated in 2009, offers a total of 5,377 square feet and is zoned DT-2. Each unit features large windows providing excellent natural light and street frontage. The property is ideally situated to serve clients from both Illinois and Wisconsin, given its central location midway between Chicago and Milwaukee. The building is meticulously maintained and has undergone consistent updates throughout its history. This is a rare opportunity to secure a versatile retail space in a desirable location. The flexible layout allows for potential division of the space to suit individual business needs. Contact us today to learn more about this exceptional property.

    Property Features for 729 Sheridan Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,377 SF
    Total Rate
    6452.4

    Building Details

    Year Built/Renovated
    1946/2009
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Unit 102
    Size
    1,000 SF
    Rate per SF
    $14
    Space
    103
    Size
    500 SF
    Rate per SF
    $16

    HighLights

    • 1,000 SF retail space available for lease.
    • High visibility Sheridan Road (Route 137) frontage with rear parking.
    • Well‑maintained building with on‑site ownership.
    • Strong tenant mix including national and local businesses.
    • Existing functional build‑out; move‑in ready.
    • Convenient location serving Illinois and Wisconsin customers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Winthrop Harbor
    County
    Lake
    State
    Illinois
    Longitude
    -87.8230286
    Latitude
    42.4813118

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, 500-1000 sq ft.
    Where is this retail property located?
    The property is located at 729 Sheridan Rd Winthrop Harbor, IL.
    What is the lease rate?
    The lease rate is $14-$16 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF retail space available for lease.; High visibility Sheridan Road (Route 137) frontage with rear parking.; Well-maintained building with on-site ownership.
    Request Owner's contact information
    729 Sheridan Rd Winthrop Harbor, IL 60096
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    Winthrop Harbor, IL 60096
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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
    729 Sheridan Rd Winthrop Harbor, IL 60096
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