1866 Sheridan Rd Highland Park, IL 60035
- Office buildings
- 30,623 SF
- 0.22 lot acres
Current Use by Public Records
- Wurster Partners Ltd. / Business Management Consultant
- Hamilton S a DDS / Dentist
- Lincoln Center-Clinical Services / Psychologist
- Wellbound Counseling | Tony Iacubino, MA, LCPC / Counselor
- Rosen Orthodontics / Orthodontist
Property Details for 1866 Sheridan Rd
- Year built
- 1927
- Construction
- BRICK
- Lot size
- 0.22 lot acres
- Property size
- 30,623 SF
- Property type
- Office buildings
- APN
- 16-23-408-007
- APU
- 1623408007
Description
This exceptional mixed-use property, the North Shore Building, is situated at 1866 Sheridan Road in downtown Highland Park, Illinois, at the corner of Sheridan Road and Central Avenue. The building offers a total of 20,000 square feet of space, encompassing executive, traditional, creative, and medical office suites. Tenants can choose from various sizes, ranging from 243 to 1,492 square feet, with a total of 10 spaces currently available. The building sits on a 0.22-acre lot in Lake County (zip code 60035). The property features two full floors of office space above ground-floor retail spaces. This location benefits from its proximity to the downtown area, which boasts over 100 retailers, numerous award-winning restaurants, and a high employment rate. Highland Park's vibrant downtown has earned recognition as one of the best downtowns on the North Shore and consistently ranks among the top cities to live and work in Illinois. The building's convenient location is east of the train station, offering easy access to public transportation. This architectural gem presents a unique opportunity for businesses seeking a prestigious address in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $775,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $625,000
- 6.5%
- $680,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $525,000
- Geo Method
- $540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $730,000
- Retail
- $570,000
- Mixed-Use
- $655,000
- Hospitality
- $585,000
- Educational
- $605,000
- Residential Income
- $610,000
- Energy
- $585,000
- Income-Based Land
- $710,000
- Food Service
- $575,000
Location Insight
- Map
- Local Demand
- City
- Highland Park
- County
- Lake
- State
- Illinois
- Longitude
- -87.7982
- Latitude
- 42.1864
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
