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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1913-15 Sheridan Rd Highland Park, IL 60035

8,750 SF Built 1930
Property ID
Property summary
AI-generated overview

This two-story, 8,750-square-foot storefront building, completely renovated in 2007, is ideally situated in Highland Park's Central Business District at the corner of Sheridan Road and Central Street. The property boasts a high-visibility location on a major commercial thoroughfare, offering excellent access to public transportation, the Metra train station, and the Edens Expressway. The building includes a first-floor retail space with a showroom and office areas, a kitchen, and a full bathroom. The second floor offers partially built-out office space, and a sizable 1,800-square-foot basement is also available. Improvements encompass a security system, HVAC, updated windows, electrical and plumbing systems, a new roof, renovated facade, and a sprinkler system. Parking is provided for nine cars, including a heated two-car garage with additional storage. The 9,139-square-foot lot is zoned B-5, part of an overlay district. Nearby retailers include Starbucks, Walgreens, Orangetheory Fitness, Pottery Barn, McDonald's, Potbelly, and Sunset Foods. The 2023 property taxes were $37,145.28. This vacant property presents a unique opportunity for both users and investors seeking a prominent presence in a thriving, affluent North Shore community known for its vibrant downtown, upscale boutiques, and restaurants. The building features an elevator.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1930
Total area 8,750 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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